Real estate owners forgoing improvements and repairs to attract buyers quickly may list their property for sale "as is." As reported by Realtor.com, however, sellers have legal obligations to disclose any known issues to potential buyers. Buyers agreeing to purchase a...
Real Estate
What happens if we discover an unknown easement on our property?
We hire a title company to help better ensure that we purchase property free of encumbrances or burdens. This includes potential issues like a restricted covenant or easement. But what happens if the sale is done, and the buyer later finds out that there is an...
What factors make something a good investment property?
Investing in real estate is often a very smart financial move. It is one that helps you grow your net worth with less risk than other investment options. Real estate can be tricky. Not only does the market fluctuate quite a bit but also things can change really fast...
What rights do you have as a mobile home park resident?
If you are one of the 7% of Americans who own and live in a manufactured home, i.e., mobile home, you likely rent the land on which your home rests from the company that owns the land of your mobile home park community. This puts you in the odd position of being a...
Tips for navigating a hot real estate market
Buying real estate is both a challenging and exciting endeavor. This remains true for both residential and commercial properties, for individuals in Florida and throughout the country. As always, getting the legal details down perfectly demands professionalism; this...
How does a low appraisal affect closing?
Few life events are more exciting than purchasing your first home. Depending on where you choose to buy, your real estate investment may also allow you to realize a hefty profit when you sell. Of course, before you can close on your new house, you typically must go...
How contingencies work when buying a home
There are a lot of moving parts involved when it comes to purchasing a home in Florida. Sometimes, you need certain circumstances to come together before you are able to move forward with buying a particular home. When this happens, you may need to make an offer on a...
What should you know about real estate refinancing?
When you refinance a property, it requires working with a lender to get a new mortgage. You can refinance once you have built up equity on your property, which means it is more common for longer-term homeowners to refinance than new ones. You can use this as a chance...
Virtual real estate buyers may offer cash or contingency waivers
Technology can make buying or selling a home easier through internet listings and virtual open house tours. Data provided on FloridaRealtors.org notes that 44% of homebuyers in 2020 initiated their property search online. Photos, videos, maps and detailed information...
Property liens: What you need to know
When you are researching buying property, you probably came across the term property lien. In some cases, a lien can be perfectly normal. In other cases, it can be very bad. A lien is a legal claim against a property. Although the property can be anything, in this...