One of the largest purchases a couple can make together is a home. If you and your partner are planning to purchase a home together or at least contribute to the costs of homeownership, it is wise to draw up an agreement detailing, among other things, how to handle...
Firm News
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....
Late actor’s former Fort Lauderdale home sells for $2.6 million
In Fort Lauderdale, Pembroke Pines, Hollywood, Weston and other affluent enclaves in this part of Florida, real estate transactions can be complex. Some purchase property because they want to invest and improve their portfolio; others are combining their business...
Coronavirus provisions in contracts: 3 things to know
2020 was a year that forced people to think outside the box. Whether a new approach to how we work, teach our children or negotiate deals, quick thinking allowed many of us to make the most of uncertain times. Innovative strategies were present in all aspects of our...
Why do I need a real estate attorney at closing?
The real estate market in Florida in 2020 reported strong gains in the third quarter. The purchase of single-family homes was up 13.7% from the same time during 2019 and condos were up 13.5%. Record-low mortgages likely play a role in this surge, and real estate...
How can I avoid foreclosure?
Homeowners across the country are facing unique struggles this year. The current coronavirus pandemic has resulted in job loss and reduced income for many families. This can translate to difficulties making a mortgage payment. Are homeowners struggling to make...
What are my options if there is an issue with a property’s title?
Prospective buyers are wise to complete due diligence before finalizing a real estate transaction. This will likely include a title search. When it comes to real estate, this generally encompasses all the rights that result in full or absolute ownership of property....
Are you ready for these hurdles in commercial real estate deals?
2020 is an interesting year for real estate deals. The real estate market is thriving, but the pandemic is causing some interesting and unexpected hurdles. The hurdles vary with the type of real estate transaction, but two specific problems to prepare for when dealing...
Has COVID-19 impacted real estate underwriting?
Real estate underwriting is a process a lender uses to look into a potential client during the loan application period as well as when determining whether or not to insure a client. The underwriter will likely also conduct a thorough title search to better ensure no...
Can an HOA foreclose on property owners for working from home?
Homeowners associations (HOA) can have some interesting requirements. From the color of exterior paint to length of grass, homeowners likely expect some requirements while others may come as a surprise. Whether known or not, further problems can develop if an HOA...