Is a Florida Real Estate Contract Void When The Method of Payment is Not Identical to The Terms of The Agreement?

| May 4, 2016

According to the case law as of the date of this article, if the seller accepts payment then the contract is not void because the seller has waived the obligation of the buyer to comply with that contract term. See: Caldwell v. Snyder, 949 So. 2d 1048 (Fla. 3d DCA 2006) Related: What Happens When a […]

Does a Breach of Contract By One Party to Florida Real Estate Contract Discharge the Other Parties Obligations Under The Agreement?

| May 3, 2016

According to the case law as of the date of this article, a material breach by one party to a real estate sales contract may be considered a discharge of the other party’s obligations thereunder. See: Nacoochee Corp. v. Pickett, 948 So. 2d 26 (Fla. 1st DCA 2006). Related: What Happens When a Seller Defaults […]

Is it Too Late for a Purchaser to Withdraw Their Rescission Once the Seller Accepts it?

| May 2, 2016

According to Florida case law as of the date of this article, yes, it is too late for the purchaser to withdraw their rescission offer once the seller accepts it. See: Hammond Realty Co. v. Wheaton, 90 So. 2d 292 (Fla. 1956) Related: What Disclosures Are Required in Florida Residential Real Estate Transactions? _______________ Do you […]

What Remedies Are Available For a Breach of a Real Estate Contract in Florida?

| April 28, 2016

According to Florida case law as of the date of this article, a breach of a real estate contract can give rise to a specific performance claim (compelling the seller to sell or the buyer to buy) or a damages claim.  The contract should be reviewed to determine which of these remedies is available under the […]

How Do You Know If The Chain Of Title To Your Florida Real Estate Is Clear?

| April 12, 2016

Title Issues And Title Insurance At the end of most Florida residential real estate closings, the goal of the seller is to walk away from the closing table with money from the sale of his or her home. Easy enough. However, a buyer usually has a few goals he or she wants to achieve at […]

10 Popular Articles About Florida Real Estate Closings

| March 30, 2016

Since we receive many calls about real estate closings (from both buyers and sellers), I thought it would be a good idea to share some articles we have written in the past about Florida closings that answer some of the most frequently asked questions. Here are 10 articles that we hope you will find helpful: […]

Florida Residential Closing Costs

| March 15, 2016

We all know that when a home owner places their house or condo up for sale, they will incur expenses to sell the property (even if they are selling the property without a real estate agent). Florida residential property does not get sold without the home owner having to incur some costs and expenses. Some […]

6 Practical Things A Buyer Should Do Right After A Real Estate Closing

| March 1, 2016

For Florida home buyers, 2016 looks to be a great year to buy a new home in the Miami Dade / Broward / Palm Beach areas. Why?  Economists are predicting that mortgage interest rates will remain at “historically low levels” this year, with Freddie Mac expecting a 30 year fixed rate mortgage to average lower […]

Florida Home Buyer Closing Day Checklist

| February 23, 2016

In a Florida residential real estate purchase, few days are bigger than the day that the transaction closes. Sure, there is the excitement of beginning the process of finding a home or condo to buy here in South Florida, and the thrill of finally choosing a particular property and having your offer accepted. However, when […]

Real Estate Closings: 4 Things to Know About Closing on Your New Home

| February 16, 2016

When buying a new home or condo here in Florida, a lot of people begin by searching in places like Zillow.com and Realtor.com. Those sites can really be helpful because they allow visitors to narrow their search based upon criteria like the type of residence (single family home, condo, townhouse, etc.), location, and proximity to […]

css.php