Law Office of Kimberly A. Abrams & Associates, P.A.

January 2017 Archives

Survey shows experts are optimistic about the real estate market

A new year usually breeds optimism for many people - hence the "New Year's Resolution" theme that some South Florida residents and others start their year with. But, optimism doesn't always translate from someone's personal life to the state of much larger concerns, such as the economy and the housing market. Fortunately, according to a recent report, optimism is taking hold in the South Florida residential real estate market.

Is the health of the real estate market impacting foreclosures?

Several of our recent posts here have examined the ongoing fluctuations in the South Florida real estate market. In a market that had been surging forward on high demand and expanded residential development, there have been some signs that a bit of a slowdown is happening. But what do these fluctuations mean for those who already own a home and who have a monthly mortgage payment to make? Is the relative health of the South Florida real estate market impacting foreclosures in the local area?

Assessing the future of the housing market in 2017

The new year is here and many of our readers will be making one of the biggest financial moves they'll ever make in 2017: buying or selling a home. There is no doubt that buying or selling a home can be a turning point in the lives of South Florida residents, but it can be a complicated transaction. People who are looking into making this move in the new year will likely want to know what the housing market has in store for 2017.

Be careful with the wide range of documents in a real estate deal

In both the commercial and residential real estate markets, details are crucial to completing deals. For commercial real estate deals, businesses will need to make sure that financing is in place and investors are on board with such a big move as acquiring new real estate for office buildings, warehouses or new retail locations. For residential real estate deals, both the buyer and seller will want to make sure that the purchase agreement doesn't contain any unfavorable terms that could hold up the deal at closing. The last thing that anyone wants is a real estate dispute that results in litigation.

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