Most real estate transactions result in a satisfied buyer and seller. But given the high dollar amounts at stake and the emotional attachment to property, transaction disputes are not unheard of.
When referring to real estate, the title determines who has legal ownership of the property. Before purchasing property, buyers often enlist the assistance of a title company to ensure the property title is legitimate. A comprehensive review of the title can identify potential problems, allowing the seller and purchaser to address the problems before the sale is final.
It may seem like the simplest and most natural transaction there is. Keeping a home in the family can be an excellent way to ease the pain of moving on, especially when it going to the next generation. It not only feels good, but it avoids all the expense and hassle of selling a house the conventional way through an agent.
Purchasing a second home can fulfill your desire to have the perfect vacation spot that is all your own. Along with anticipating the feeling of freedom and relaxation you’ll have at your new abode, there will be new responsibilities that go along with owning real estate. Here are aspects of second home ownership to think about as you consider this next possible step in your life.
Many retired couples consider downsizing their home. Maintaining a real estate property can require a lot of time, effort and money, and some couples would prefer to trade the space of a house for the minimal upkeep of a condo. This is particularly true for Florida retirees—after all, less time spent caring for a house is more time spent at the beach.
Florida is a popular destination for families, spring-breakers and retired couples alike. As one of the most popular domestic tourism states in America, it’s no surprise that more homeowners have decided to rent their property on short-term rental platforms including Airbnb.