Three Common Issues With Mortgage Financing and Florida Residential Closings

| July 7, 2015

Last Update: 02/22/16 In South Florida, most residential real estate closings involve a buyer obtaining a home loan to finance the purchase.  When the homeowner obtains a mortgage he or she gives the bank a lien on the property until that loan is paid in full. This mortgage also gives the lender the right to […]

What Happens When a Seller Defaults on a Residential Sales Contract in Florida?

| June 30, 2015

Last Update: 08/01/16 It is true that in many residential real estate transactions, it is the buyer that has second thoughts about buying that home or condo and tries to find a way to back out of the deal. However, that’s not always the case; sellers often decide they don’t want to go ahead with […]

Closing on Florida Real Estate: Buyer’s Documents at Closing

| April 14, 2015

Last Update: 02/24/16 At the closing table for the purchase of a home or condo here in South Florida, buyers, both native to Florida as well as those who have recently moved here, or out of state residents purchasing a vacation home, will have lots of paperwork to sign. Buyers are often surprised at how […]

Questions To Ask Before Buying a 55+ Condominium in Florida

| March 31, 2015

Retiring in South Florida is the dream for many Americans, and for those who do retire here in the MiamiDade – Broward – Palm Beach counties area, that often means moving into a beautiful condominium with beach access or ocean views. Condo living offers a great many advantages for retirees, and condominiums in our local […]

Listing Agreements: Are All Florida Real Estate Broker Contracts The Same?

| March 10, 2015

Last Update: 03/16/16 When you decide to sell your Florida home or condo (or other residential real estate), one of the first steps you may take is finding a real estate broker to help you get the property sold. In the Miami and Broward County areas, there are lots of real estate agents working hard […]

Liens on Your Florida Condo or Home: What are They and How Do You Get Rid of Them?

| March 3, 2015

Condo living is a different lifestyle here in Florida, one that lots of people enjoy. Sharing the responsibilities of lawn care and landscaping, pool upkeep, and more can free condo residents from chores they would have face if they lived in a single family home in the suburbs. However, living the Florida Condo life also […]

Florida Condos, Coops, TimeShares, HOAs, and CDDs: Know the Difference Before You Buy

| February 24, 2015

Last Update: 04/18/16 In Florida, there are different types of home ownership recognized by the Florida Legislature other than the traditional single family home. Florida laws recognize five different alternatives that anyone considering buying residential real estate in Florida, for their vacation home, their retirement home, or an investment property, needs to know. (And, yes, […]

Is Your Real Estate Agent Guilty of Discrimination?

| February 17, 2015

Last Update: 02/24/16 Real estate agents in Florida can do bad things that hurt both home buyers and sellers in serious ways. A buyer may end up with ugly surprises in her new home: things like hidden defects (e.g., mold) that was not disclosed prior to closing. The seller may be thwarted from selling their […]

55+ Condo Living in Florida: Senior Condos and Adult Condo Communities

| February 10, 2015

South Florida is famous as a retirement paradise, and many of our local condominiums exist to meet the needs and lifestyles of those enjoying a retirement lifestyle. There are countless “55 Plus Communities” here in the Broward County and in the Miami-Dade area, where “most” of the residents are age 55 years or older. . […]

What Is A Condominium Termination In Florida?

| January 6, 2015

In Florida, condominiums are considered as legal entities, just like corporations, with Boards of Directors and owners and creditors. When you decide to buy a home in a Florida condominium, you are becoming part of this legal entity as one of its unit owners. This makes reading through all of the documents that create that […]

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