On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Jul 24, 2020 | Residential Real Estate
Floridians are struggling to meet their mortgage payments. According to a recent piece in the Sun Sentinel, over 33% of adults in the state report they struggled meeting either their rent or mortgage payment in June and may be unable to make the payment in July. The...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | May 13, 2020 | Residential Real Estate
The coronavirus pandemic has shaken the nation’s economy. Florida, a state that thrives on its tourism segment, has been hit especially hard. This, coupled with the fact businesses had to lay off tens of thousands of workers in March, have led consumers to have the...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Mar 12, 2020 | Mortgages, Residential Real Estate
If you are struggling to make your home mortgage payments, you are not alone. An estimated 2 million American homeowners are currently struggling to pay their monthly mortgage payments. Thankfully, those who find themselves in this situation have options. Some...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Mar 10, 2020 | Real Estate Transactions, Residential Real Estate
Buying a property is an exciting and stressful event. The cost is huge — often the largest financial transaction one will make in their life. So, what happens if you thought you found the perfect place and moved forward with an offer only to realize the property just...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Feb 28, 2020 | Residential Real Estate
A loan modification can result in an adjustment to the terms of a mortgage. Those who are considering this strategy likely have the following questions: Who can benefit from a loan modification? A homeowner who wishes to stay within their home but is having difficulty...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Feb 21, 2020 | Real Estate Transactions, Residential Real Estate
It is important to conduct a title search prior to finalizing a real estate transaction. A title search will help determine if there are any encumbrances on the property by looking through public records to see if there any other claims to the property. What kinds of...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Jan 31, 2020 | Residential Real Estate
Thinking of selling a home without using a real estate agent? Worried about the potential ramifications? Selling a home on your own is not only possible, it can be financially advantageous. A real estate agent generally takes a 6% commission off the price paid out on...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Jan 31, 2020 | Real Estate Transactions, Residential Real Estate
Whether thinking of taking up life as a snow bird or moving for more long-term reasons, purchasing a home in Florida can come with a number of advantages. Aside from the sunshine, two tax advantages can include: Estate tax. Those looking to put together an estate plan...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Oct 3, 2019 | Residential Real Estate
Homestead laws can provide benefits to homeowners. State lawmakers initially passed such laws to encourage home ownership. These laws continue to offer benefits to homeowners in Florida. Three ways homestead law can work in a homeowner’s behalf include:...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Sep 13, 2019 | Residential Real Estate
Florida is known for its sunshine and beautiful weather. Unfortunately, part of Florida’s weather can also include devastating hurricanes. The damage caused by these storms can be severe and seriously damage structures in its path. To absorb those costs,...
