by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate
At a Florida residential real estate closing, the buyer may be excited to get the keys and garage door opener to his new home or condo, but the seller is focused on one thing: being paid. Show her the money! Of course, the seller does not get actual cash or a... by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate Title
In Florida, sellers and buyers reach a bargain on a home or condo, and then sign a formal, written sales contract for the residential real estate. That’s the beginning of the sale. After the sales contract is signed, there’s the time that has to pass before the... by Larry Tolchinsky | Closings, Home Loan Fraud, Predatory Lending, Real Estate Agents, Underwater Mortgage
Last month, as reported by Florida Trend, it was confirmed that Florida is one of the top three states in the country for mortgage application fraud. The report is based upon findings released in the CoreLogic Mortgage Fraud Report published on September 2018. Read... by Larry Tolchinsky | Uncategorized
According to the case law as of the date of this article, a contract for the sale and purchase of real property will not exist if the buyer fails to accept the seller’s counteroffer for the contract within the time and manner specified. See: Sullivan v. Economic... by Larry Tolchinsky | Closings, Florida Law, Florida Real Estate, Real Estate Agents, Realtor Disputes
Whether you’re a buyer or a seller of residential real estate here in Florida, the important thing to know about “duress” is that it can end a deal. Duress is a deal-breaker. What is Duress in a Residential Real Estate Transaction? What is duress? It is a legal...
