For many potential homebuyers in South Florida, applying for a mortgage is the least appealing part of buying a home. There are many reasons why: all the documentation that is needed, the verification of income and the scrutiny that comes from a potential lender...
Year: 2016
Key terms in real estate agreements for a purchase
For many people, reaching the point where a residential real estate purchase is going to occur can be an exciting time. But, it can also be a time to focus on even the smallest of details, because the failure to do so could have serious repercussions down the road....
Know the details in residential or commercial real estate deals
In South Florida, we face a challenging real estate market. While the residential real estate market has recovered nicely over the last few years, the commercial real estate market is still tending to lag behind. However, good or bad, the local market will always...
Cause for concern over new South Florida foreclosure numbers?
Several of our previous posts here have noted that there are some indications that the South Florida real estate market is leveling out - or even headed toward a slight downturn. There have been a number of economic and price-point indicators to support this...
Will the South Florida real estate market change this autumn?
Our readers know that the South Florida area obviously doesn't experience the change in the seasons that most of the rest of the country goes through. However, that doesn't mean that there aren't some changes that take place when the calendar rolls over into autumn....
Saving your time and money by getting the real estate deal done
Efficiency can be a hard thing to accomplish in most parts of life. Many South Florida residents do their best to make the most of their time - and their money. But, that isn't always an easy thing to do. In the world of real estate transactions, striving for...
Steadiness in the South Florida residential real estate market
Recent posts here have covered the reports that there are some changes coming to the South Florida residential real estate market. In some areas sales prices are decreasing for residential property as inventory continues to build. In others, the residential...
More signs of a stalling residential property market?
A recent post here covered a report that the condo part of the residential real estate market in South Florida has seen at least some signs of slowing down. As always, that kind of news is, in general, good news for potential buyers and bad news for sellers. Now,...
What are some of the keys to get a mortgage loan modification?
Not everyone is able to cruise through life without the specter of financial problems clouding difficult times in their lives. In fact, most people in South Florida would probably admit that they have had some scary times to deal with, financially speaking. For some...
The first sign of a shift for South Florida residential property
Many real estate experts - and many among our readers - have been looking for signs that the residential real estate market in South Florida is beginning to cool down. For the last few years, those signs have been hard to come by. Residential development, particularly...