Category Archives: Real Estate (Commercial And Residential)
Don’t Assume You Have Access to Land That You Purchase
Is it possible to buy land and then not have any way to get to it? Well, it is legally possible—and one couple here in Florida is now filing a lawsuit over this exact scenario. Lack of Access We tend to assume that if we buy property or land, the purchase includes the right… Read More »
New Realtor Rules and Paperwork Are Coming
One of the biggest complaints at real estate closings is all the paperwork that’s required to be signed. That is, by the way, one reason to have a closing attorney at your side—to help you navigate and understand what you are signing. But recent changes in laws, and specifically, a court settlement, will now… Read More »
Disclosures and Issues When Buying Property Subject to an HOA
Most sellers of homes know that they have to make certain disclosures to potential buyers, disclosures that may relate to the condition of the property. But many sellers—and even their agents—often overlook the requirement of disclosures of the homeowners association (HOA) restrictions on property to a buyer. HOA Disclosures In every real estate purchase… Read More »
What Happens When a Buyer or Seller Dies Before Closing?
When we think of things that could go sour when we are getting close to a real estate closing, we don’t think of death as being a possibility. But it can and does happen, that a buyer or a seller passes away, while property is under contract, but before the closing. Most real estate… Read More »
How and Why Are Quiet Title Lawsuits Used?
When it comes to real estate, whether residential or commercial, you assume that if you buy property, you automatically own it. But it’s not that simple. There is a complex process to make sure you own the property you purchased. And when things go wrong, and there is a dispute over ownership, there could… Read More »
Challenging Property Tax Appraisals
If you own a home in Florida, you likely already know that your property taxes are based on the appraised value of your property, as appraised by the governing authority, the county. The lower the appraisal, the less taxes you pay. County property appraisers are human, and can make errors, and appraising property is… Read More »
Home Inspections-Why are They So Important?
When we think of all the steps involved in homebuying, inspections tend to get very little notice or attention. Many people see them as formalities; from the outside the home looks great—and may even be new or newer construction—so what could possibly go wrong with an inspection? But an inspection is one of the… Read More »
Renting Your Property Out? Have You Considered These Things?
In today’s hot real estate market, it may seem like there aren’t a lot of places to buy, or at least, not many to buy affordably. True or not, that perception does create quite a demand for rentals. You may be wondering if it is a good idea to buy property and rent it… Read More »
Waiving a Real Estate Appraisal Contingency: Be Careful
If you’re buying a home, the home will need to be appraised. Many of us don’t give much thought to the appraisal. But in a tight real estate market, with buyers vying for a limited supply of houses, many buyers are trying to be more competitive by waiving what is known as the appraisal… Read More »
The Benefits of Tenancies by the Entireties
When you buy a house, one thing to consider is how to own the house, if you are buying it with someone else. If that someone else happens to be a spouse, you’ll have another option—the option to purchase and title the home in both of your names, as a tenancy by the entirety,… Read More »
