The purchase of a property comes in all shapes and sizes. Rather, there are all different types of property sales and it can affect a buyer. One type of sale that we at Kimberly A. Abrams & Associates PA have a lot of experience with is short sales. Short sales have their positives and negatives for a buyer, but it's about weighing the pros and cons to find the right property for you.
Purchasing property, like residential property, can be an exciting time for the buyer. There are different types of home sale contracts, depending on the type of home. There are several options for financing and many types of homes. There could be multiple contracts at stake, for instance, contracts with the home builder and a contract outlining financing with the lending institution.
If you are hoping to be a new homeowner, you may feel like you are in uncharted territory. Even for those who have been through the mortgage process before, each property and situation is different and may require different things of the parties involved. Speaking of parties involved, there are traditionally two parties involved in the process, the person looking to get a mortgage: a borrower, and the entity lending the money: a lender. Most people do not pay cash in full for their house, so most will need to get approved on a mortgage in order to own the home of their dreams.
With the real estate market as active as it has been in recent years, occasionally, a luxury residential real estate listing will make an appearance. And, one such listing has now come available at auction in Fort Lauderdale later this month. The property has a boat slip, private lot on the New River and all in lush tropical gardens. The property was previously listed for $4.9 million.
When visualizing the ideal commercial property for your business, what comes to mind? Of course, that depends on the business one is engaged in and also based on the needs of the business, both current and future needs. A commercial real estate deal could be in the cards for your business. If you are thinking about moving your business into a different space, or thinking about making the jump from renting to owning, there may be a way to make your company's dreams a reality.