When the housing market is hot, people sometimes take extra steps to try to buy a home that they are interested in. One tactic that they will consider using is writing a “love letter” to the people who are selling the home. This will essentially tell those people why...
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Real Estate
What must you disclose when selling your Florida home?
A requirement of selling real estate is disclosing or revealing potentially unattractive information about the property. For example, if the roof had a nasty leak, you must inform potential buyers, even if you had it repaired. Disclosure requirements ensure that those...
2 forms of seller financing that can help when the market softens
The vast majority of home purchases involve mortgages. A bank or specialized lending institution extends up-front financing on behalf of a buyer that meets specific credit and employment criteria. A smaller subset of individuals purchasing homes may be able to make...
Do you have to disclose dangerous animals on your property?
Florida is home to many dangerous insects, fish, lizards and mammals. For homeowners, this can mean that it’s necessary to disclose the animals that they see most often on or around their properties if they want to sell their home in good faith. In a previous blog, we...
Do both spouses need to be on the title of a vacation home?
You have decided that you want to buy a vacation home. You think that your entire family would benefit from having a home away from home that you can escape to during the holidays or the heat of the summer. Maybe you will only invest your own money in the property...
Must you make disclosures about alligators as a Florida homeowner?
Florida is well known for its alligators. At least 10 alligators attacked humans in the state in both 2018 and 2019. The chances of an unprovoked attack occurring is one in 3.1 million. Even still, transplants and locals all fear being bitten by an alligator. Parents...
Do you have to hire an attorney for a home closing?
Did you know that it isn’t required for you to work with a real estate attorney when buying or selling a property in Florida? That’s despite the fact that this is a legal transaction that could have lasting implications in your life. While it’s not required, it’s a...
Could a quitclaim deed solve a family real estate dispute?
A quitclaim deed is a quick, easy way to transfer real estate from one party to the other -- and it could solve a thorny family dispute. Quitclaim deeds are often used when siblings or other relatives inherit a property together and one party wants to divest...
Can you build on a property that has wetlands?
If you want to buy property in Florida, one of the things you need to ask is if the land has wetlands on it. If there are wetlands on the property, then there is a potential that the area will be protected. Wetlands play an important role in Florida’s environment....
Avoid these errors when closing on residential real estate
Buying a home is one of the biggest purchases you will ever make. To ensure closing is smooth, there are several things you need to do. Mistakes in closing on real estate could be costly You might be so keen to secure a piece of real estate before someone else does...