You hope to be a happy homeowner in Florida soon, and you feel ready to put in a bid. Have you looked for red flags that may point to a problem or two with a property? Kiplinger explores common issues that hopeful homeowners should look out for. Learn how to protect...
Real Estate
What is the purpose of closing costs?
During your search for a new home in Florida, you may have encountered the term "closing costs." If you have never before heard of this, you may wonder how it relates to your purchase and why it is necessary. Closing costs are a series of fees that correlate with the...
Defects in deeds can lead to disaster
We tend to think about property as things that are owned by people, but the law regards property as a set of rights people have over things. If you have the deed to a piece of real estate, it shows you have title to that property, meaning that you have all the rights...
Title issues that can prevent real property transactions
When a Floridian buys a new home, the title to the property is transferred to them, if they pay the price in full, or to their lender. A property’s title provides important information about it and the scope of land that the holder of the title owns. Unfortunately,...
Real estate sales and refinancing are growing in areas of Florida
Businesses in Florida and across the nation have been impacted by the current health situation. Financial concerns, downsizing and weighing options has been ongoing for much of 2020. Still, it is important to be aware of real estate trends and to take advantage of...
How important are home inspections before a purchase?
As you prepare to move, you may ask yourself if a home inspection for your new place of living is really necessary. However, unexpected and costly issues may occur if you choose to forgo this process. Issues and fixes According to FindLaw, professionals look for a...
What do you know about these common home refinancing mistakes?
You have owned your Florida home for several years. In that time, your salary increased along with your credit score. Now is a great time to consider refinancing your residential property. Refinancing is not without its pitfalls. Educate yourself on where you may...
How to know if you are financially ready to buy a home
For a few years now, you have been itching to buy your first home. Rental life is beginning to wear on you because you feel like you're throwing money down the drain. Also, most rentals don't allow you to customize your home to your specific liking. Homeownership...
What is a short sale?
There are many ways to sell your home. Some deals will go better than others. You may not get a choice about how you sell your home. A good example of this type of situation is if you need to sell fast and must do a short sale. The Street explains a short sale is when...
What are the disclosure rules about lead-based paint?
If you are selling a home or renting a property, then it is essential to understand disclosure laws. These laws require that you tell buyers about certain things about the property. Most often these are things that could impact their health, which is why you must...
