Real estate transactions involve six and seven figure deals. Deals of this magnitude require more than just a handshake, they require a deposit. But where does the deposit go? Should the buyer or the seller be responsible for the deposited funds? Where does the money...
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Escrow dispute and Florida law: The basics
Real estate purchases are often the most expensive item any individual will purchase. This transaction often involves a deposit, a small portion of a proposed offer on the piece of property set aside to ensure the seller the buyer is serious about the offer. The buyer...
How to protect your property title with a warranty deed
Finding the right home can be a tough process. You have a list of features you want, an idea of what area you want to live in and a budget to stay within. When you are home shopping, you may end up compromising on some things. One thing you never want to compromise on...
Home appraisal came in low? There are options
Are you a home seller who was hit with an appraised value of your house that came in lower than you expected? It most likely put a screeching halt to an impending sale. This will happen when you accept an offer only to have it negated with an appraisal on your home...
How much power do HOAs have over a sale?
Associations can be a great asset to Florida residents. They usually bear the brunt of common area maintenance or amenities, they do come with a cost. In some cases, the cost could surpass a monthly fee. If an association is involved with your sale or purchase,...
3 steps to follow in listing your home as for sale by owner
For many home sellers, paying a realtor seems like a waste of money. With advances in technology, selling your home looks as simple as putting an ad up on Facebook or Craigslist. According to the South Florida Business Journal, single-family home sales in Florida...
Buyers should be on guard for mechanic’s liens
Many home buyers in Broward County may buy a home because it has been recently re-modeled or because it is new construction. In fact, its newness may even be the primary selling point for the home. One thing buyers need to be on guard for, however, is the existence of...
Pricey rental market could mean it’s time to buy
A new report which was recently summarized in the media claim the Miami and Fort Lauderdale areas have one of the most expensive rental markets in the country. Out of 110 cities surveyed, the Miami area ranked 11th when it came to the average monthly rental rates for...
Residential real estate dispute can arise over property boundary
Property boundaries are often just a mere line that determines where your property starts and where it ends. Property boundaries exist legally and within a city to help determine a variety of factors, including property size for taxation purposes and for determining...
Pending home foreclosure can sometimes be avoided
There are few things that compare to the excitement of purchasing or building a new home. The anticipation of thinking of your family spending time and living in your own space is really special. Not to mention, the financial aspects of recouping your investment and...