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. What led to the proposal? At the end of 2018,...
Year: 2019
The next wave in CRE in FL? Communities with a focus on health.
A recent development in a local community in Orlando could be the start of the next wave in the commercial real estate (CRE) market. The development focuses on community health and well-being. It covers just less than 20 square miles and includes a children’s...
What do first-time homeowners in FL need to know about titles?
Approximately two out of every three Floridians own property in the state. Those who are considering joining this group likely have a number of questions about home-ownership. The first hurdle is generally financing. There are a number of programs that can help...
Florida real estate law 101: What is a short sale?
A homeowner uses a short sale when they sell their property for less than the outstanding mortgage. A homeowner may consider a short sale if the value of the property falls significantly. Lenders will often consider a 20 percent drop in home price to qualify as a...
Failure in communication leads to real estate lawsuit in Florida
A failure to properly communicate can result in issues during real estate transaction negotiations, frustrations after closing and confusion in the event of a foreclosure. Certain regulations and laws are present to better ensure proper communication during legal...
Florida couple loses $46,000 in title dispute
Fraudsters recently scammed a Florida couple out of $46,000 in a title dispute. The couple lost the money when they wired the funds as allegedly instructed by their real estate agent. Unfortunately, the real estate agent’s account had been hacked and the hackers...
Struggling to make loan payments? Three potential resolutions.
Falling behind on your loan can result in financial penalties. Depending on the language of the loan agreement, the lender may label the loan as in default. If so, your credit score will be negatively impacted. In extreme cases, a lender may even pursue litigation....
3 ways an attorney can help when selling property in Florida
Sellers may believe a real estate transaction is essentially complete once they accept a buyer’s offer. Unfortunately, obstacles can present themselves between the time of the accepted offer and the end of the closing meeting that result in significant delays or...
Real estate transactions in Florida: A sale timeline
Buying or selling a property is a complex and expensive process. Having a basic understanding of how the process will unfold can help ease some of the stress that comes along with a real estate transaction. The following will provide a basic timeline of the legal...
Walton County Commission fights for customary use of beaches
The panhandle of Florida is known for its pristine beaches and emerald coastline. Vacationers and property owners alike enjoy these beautiful beaches. Many pay a premium to stay at resorts along this coastline or own private property in the area. What is changing? The...