What Happens If the Seller or Buyer Dies Before the Real Estate Closing?

| May 17, 2016

Last Update: 8/1/18 Sometimes, buying or selling real estate isn’t easy. Even in a cash transaction where no lender is involved, the buyer and seller may have to deal with all sorts of complications, such as removing any clouds on title (like satisfying any outstanding mortgages or paying any tax liens) or satisfying any municipal […]

Florida Residential Closing Costs

| March 15, 2016

Last Update: 10/30/17 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 […]

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 […]

10 Things A Florida Home Buyer Should Understand About Their Mortgage Before Closing

| December 23, 2015

Here in South Florida, most home buyers purchase their new single family home or condo with the help of a mortgage and home loan. Real estate buyers have all sorts of places to look for that mortgage — online from places like Quicken Loans as well as at more traditional mortgage lenders, like the neighborhood […]

10 Things A Florida Home Buyer Should Understand About A Promissory Note Before Closing

| December 15, 2015

Most homes and condos in South Florida are purchased with the help of a home loan, or mortgage. Buyers find a property they want to purchase, and then they get a loan from their bank or mortgage lender to help pay the seller the negotiated price. For most Floridians, having a mortgage goes hand in […]

How Do Lawyers Help With Florida Residential Real Estate Closings?

| December 8, 2015

Last Update: 02/22/16 When it’s time to actually close on your new home or condo here in South Florida, it can be intimidating to see just how much paperwork is involved.  Even if it’s a small house or condo, closings can take lots of time (hours!).  Why? Even when there are no problems, it can […]

4 Conditions A Buyer Should Require Before Closing On A Florida Home

| December 1, 2015

Last Update: 02/22/16 Buying residential real estate in Florida is a major event in the lives of most buyers.  For some, it’s a big deal to buy a new home or condo! Fortunately, the Florida legislature understands this fact so they passed laws that protect residential buyers (residential buyers get legal protections that commercial buyers […]

Do Sellers Have A Lot of Responsibility When They Sell Their Home?

| October 13, 2015

Last Update: 02/22/16 In most every real estate transaction in which a seller signs a Florida Realtors/Florida Bar Contract, the seller makes several representations and warranties to the buyer. Most sellers are unaware of these representations because all they see are 11-20 pages of pre-printed black text on white paper and the only real issue […]