The real estate market is hot right now. Buyers are looking for homes and sellers are often making a good profit on their properties. Those looking to move forward into closing a residential real estate transaction likely know that problems can arise at, before or...
Year: 2021
Should I refinance my mortgage?
Homeowners may wonder whether or not it is too late to re-finance their home to make the most of low interest rates. They may have reduced income or lost jobs as a result of the pandemic or simply want to take advantage of these low rates. Whatever the reason for the...
Buyers beware, avoid these common title issues
Whether looking to purchase real estate as an investment property or family home, for residential or commercial purposes, the importance of due diligence cannot be overstressed. While taking the time to review the property, location and price are all an important part...
Overview of Condominiums and Cooperatives
Many people throughout Florida live in condominiums, and some may live in a real estate co-op. Both condominiums and co-ops give individuals and even small businesses a chance to enjoy some of the benefits of ownership, including equity, while still getting some of...
What should I know about earnest money disputes?
It is not uncommon for real estate transactions to have contingencies. A buyer may present an offer contingent on completing an inspection, selling another property, or securing financing. But what happens when one of there is an issue during one of these...
3 steps to protect your interests when buying a home
The real estate market is hopping right now. It is seller’s market, with buyers scrambling to find the right properties for their needs with limited available inventory. When you finally find your dream home, it is important to take steps to help keep it from turning...
3 times a rental property makes more financial sense than an REIT
Many investors prefer to utilize Real Estate Investment Trusts (REITs) to diversify their portfolios. In many cases this vessel is a great option, but in other actually purchasing a rental property makes even more sense. Three specific examples include: Opportunity....
4 common title issues that can slow down a real estate deal
Prospective buyers and sellers are wise to take steps to help protect their interests when entering a real estate transaction. Sellers can make sure everything is in order before the sale and buyers can dig into the property’s history to make sure there are no...
First time home buyer? Consider applying for an FHA loan.
It’s common knowledge that, when you are getting ready to purchase your first home, you should shop around for mortgages instead of taking the first offer. While you are considering all your options, you should take into account the advantages of applying for a loan...
Can a Florida HOA foreclose on a home?
Homeowner’s associations (HOA) provide a number of benefits. Some come with community pools, tennis courts or golfing privileges, most have rules that help to better ensure neighbors have aesthetically pleasing exteriors and refrain from storing too much stuff in...