Property Disclosure Statements: Duty to Reveal Hazards in Florida Must Be Disclosed to Home Buyers

| August 19, 2014

Most sellers and buyers of residential real estate here in Florida depend upon their real estate agents to help them through the process. For buyers, it’s making sure that they have all the information that they need to make an informed purchase. For sellers, it’s relying upon their agent to know what must be shared […]

Does a Home Buyer Have a Claim Because They Weren’t Told About a Problem with Their Home?

| August 5, 2014

What Type of Property Conditions Must Be Disclosed to Florida Home Buyers (And What Can Be Kept Hidden) Under Florida Law? Under Florida law, a buyer can sue for damages, and  even rescind a transaction, where a seller or real estate agent doesn’t reveal a material problem with the home prior to purchase.  Unfortunately, there are […]

Defects Discovered in the Home After Closing: What Can a Buyer Do?

| July 29, 2014

There are all kinds of problems with their new home that buyers may discover after they’ve left the closing table and moved into their new home or condo. Home defects can be found in brand new homes that have just been built.  Problems can also be discovered in homes that have been around for awhile, […]

What Do You Do When You Discover the Value of Your Property Isn’t What the Real Estate Agent Told You?

| July 15, 2014

Misrepresentation Of a Home’s Value For most of us, the most essential term in any Florida real estate transaction is the contract price: the amount the seller and the buyer agree on for purchasing the home, condo, or townhouse. Each side assumes that he (or she) has accurate information on what the property is worth […]

I Received an IRS Form 1099: Can The Bank Still Try and Collect on the Florida Deficiency Judgment?

| July 1, 2014

Here in Florida, more and more deficiency judgment collection efforts are being pursued by lenders and debt collectors, even though the associated foreclosure or short sale happened several years back. And, to make matters worse, and confusing, Florida borrowers have been receiving 1099s (a/k/a IRS Form 1099) from their lender related to their deficiency. What […]

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