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...
Real Estate Transactions
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...
When is disclosure of a fact required under the law?
There’s a lot at stake for all parties to a real estate transaction. A bad deal can cost a lot of money, and in some instances it can lead to legal trouble. That’s why it’s imperative that those who are engaged in the process, regardless of whether they are a buyer or...
First time homebuyers: Avoid these 3 common mistakes
2020 was a hot market for real estate. Mortgage rates were low, and people had a lot more flexibility in where they were located due to increased availability of remote work status. Real estate market experts predict the trend to continue through 2021, with buyers...
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....
New Florida Coastline Development Rules Look to the Future
The Sunshine State has long as a retirement goal for many Americans. The endless beaches, gorgeous weather and friendly tax laws combine to create a real-world paradise for U.S. retirees. These factors also put a high demand on Florida’s coastline real estate,...
Real estate escrow deposits: What happens if I walk away?
Real estate transactions come with some risk. Sellers take a risk when they accept an offer. They are no longer talking to other potential buyers and could loose out on other options if the deal falls through. A seller often asks for a deposit to help mitigate this...
Deciding whether or not to use a realtor to sell your home
With the current Florida housing market remaining strong, driven in part by prolonged low interest rates, some homeowners may forego the help of a realtor and put their home on the market as For Sale By Owner, or FSBO. According to a recent housing market report,...
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...
Residential real estate in 2020: Tips to entice buyers
It is likely not a surprise to anyone paying attention to the real estate market that things are different in 2020 compared to past years. The pandemic has changed the way we shop for homes. Actual, in person home viewings are down with more and more potential buyers...