In most real estate transactions both sides - buyer and seller - probably feel like they are doing a good job of securing a deal that is best for them. Not that either side is trying to "pull one over" on the other - just that both parties are using whatever leverage...
Year: 2015
Some year-end highlights in the South Florida real estate market
Many of our South Florida readers do a good job of keeping their ears to the ground in order to determine which way the real estate pendulum is swinging in the local real estate market. For residential real estate in particular, both buyers and sellers want to know...
How do banks view the mortgage application process?
Most of our South Florida readers know that the mortgage application process can be the most grueling part of buying a home. Every individual or couple who is in the market for a mortgage will present a unique financial profile to lenders and banks and, as a result,...
Understand your lease in a real estate dispute
Not all real estate disputes originate from a purchase agreement gone bad. In fact, probably the most common disputes arise due to disagreements over a rental agreement, commonly referred to in real estate law as a "lease." Of course, the more common residential...
How will your neighbors use their real estate?
Of all the wide variety of factors that go into a real estate transaction between a buyer and seller, probably the one "X" factor is the people who own the adjacent properties. After all, a prospective buyer in South Florida may be able to do all the research they...
How hardships can lead to a mortgage loan modification
Many of our South Florida readers have probably seen previous posts here that refer to mortgage loan modifications as a potential option for homeowners who may be facing a foreclosure action. Of course, for a homeowner who is struggling to make the monthly mortgage...
Time to look at residential income property in South Florida?
When most South Florida residents think about purchasing a home, they do so from the standpoint that the new home will be their primary residence. After all, there aren't many people who can afford a second home these days - or are there? According to a recent report,...
Real estate dispute from a defect that was hidden intentionally
Many real estate transactions in South Florida go smoothly, with the buyer and seller working together to push the deal toward a successful closing. People who find themselves a party to this type of transaction can consider themselves lucky, because not all real...
Can refinancing a mortgage stave off a foreclosure action?
Over the last several years many of our South Florida readers have probably seen their mailboxes inundated with mailers regarding prime opportunities to refinance their mortgage. Indeed, millions of Americans have in fact taken advantage of the low interest rates that...
How is Florida’s foreclosure rate looking lately?
There are a number of different entities that track housing statistics in all 50 states, including Florida. However, no one industry is probably more keen to keep and track these statistics than realtors. One website that Florida residents may find useful, RealtyTrac,...