For Sale By Owner (FSBO) real estate transactions provide a prospective seller with the opportunity to sell their home on their own terms, but is this type of sale right for you? The following will delve into some of the pros and cons of a FSBO real estate deal.
Florida lawmakers recently passed a law that could increase investment in the real estate market. The law, available here, allows for online, remote notarization. Those who are interested in purchasing property will no longer need to be in the state to get the documents notarized. The transaction could potentially be finalized completely online.
A real estate attorney can help buyers and investors to protect their interests. This is true for transactions that range from multimillion-dollar projects to buyers who are interested in purchasing a single-family unit currently owned by a bank. Buyers or sellers that fail to seek legal representation in these transactions can be at a greater risk for fraud.
Real estate contracts are often long, difficult to understand documents. Buyers, sellers and investors can benefit from a basic understanding of some of the more common provisions.
President Donald Trump’s piece of tax reform, the Tax Cuts and Jobs Act (TCJA), went into effect on 2018 tax returns. As a result, agencies are starting to gather and analyze data on the impact of the law. One specific area of concern: did the new tax law impact the housing market?
Florida lawmakers are considering a proposal that would set limits on the ability of local governments to control housing prices. The bill specifically addresses the use of price ceilings to provide affordable housing.