by Larry Tolchinsky | Closings, Home Loan Fraud, Predatory Lending, Real Estate Agents, Underwater Mortgage
Over the years, it has been reported and confirmed that Florida is one of the top three states in the country for mortgage application fraud. This is based, in part, on a report released in the CoreLogic Mortgage Fraud Report. Buying a Florida Home or Condo? Be... 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, 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... by Larry Tolchinsky | Closings, Florida Real Estate, Real Estate, Real Estate Agents, Real Estate Title
In any residential real estate deal here in Florida, there’s lots of talk about “closing.” It’s a big deal for both the seller and the buyer because that’s when their transaction gets finalized. Closing means the seller gets the cash and the buyer gets the keys. To... by Larry Tolchinsky | Closings, Condos and Townhouses, Florida Foreclosures, Florida Real Estate, REO (Real Estate Owned)
In Florida, foreclosures are tempting to many buyers of homes and condos because they seem to be such a great price. There are lots of REO residential properties for sale here, and many have a sales price that is less than comparable sales Buying a foreclosure or REO... by Larry Tolchinsky | Closings
Issues That May Be Unique To Living in South Florida Around 900-1200 people move to Florida every single day, according to the latest U.S. Census information. For many new Florida residents, moving here means they will be buying a new home. These new Floridians need...