Commercial real estate developers are familiar with the myriad issues they must resolve before finalizing a sale. However, if you are acquiring your first property, you should understand your purchase's specific financial and legal requirements. Therefore, it is...
Real estate closings: Should you use a law firm or title company?
The process of finding and buying real estate can be complex and time-consuming, and some of the biggest challenges can come during closing. Due to the significant risks associated with purchasing property, many buyers choose to work with a professional to help them...
Increased risk of floods may affect a real estate transaction
A task force made up of several federal agencies noted that the oceans surrounding the nation will continue to rise in height. As reported by ABC Action News, the task force predicts that the ocean height in Florida’s St. Petersburg area could rise more than 20 inches...
What do you know about red flags when buying an investment property?
After months of searching, you found what you feel could be a great investment property. Because you never invested in real estate before, you may not know the signs of a bad purchase. Millionacres explains several warnings signs for investment real estate. Know when...
What to consider when purchasing a home with a party wall
Florida's real estate market continues to be hot. If you are not yet financially ready to purchase a single-family home, you may find a condo or rowhome within your budget. These dwellings often make excellent starter homes, as you may be able to use appreciation as a...
Understanding the different types of zoning is essential
If you have specific plans for a property in Florida, exploring the applicable zoning regulations and rules is critical before getting fully involved. Failure to take this action could leave you with a parcel that you can't use the way you would like. Residential...
How FAR-BAR real estate documents change regularly
Every few years, legal and real estate professionals in Florida are making important updates to their FARBAR real estate contracts. This is necessary to redefine what buyers’ and sellers’ responsibilities are. This is important to ensure that everyone understands the...
Regulating the short-term rental
Short-term rentals for houses, condos or apartments are becoming popular alternatives to hotels and motels. Regulations for short-term rentals have increased due to concerns about the quality of housing, the credibility of the owners and the safety of the tenants....
When you need a real estate lawyer
Attorneys may help make Florida real estate deals go much more smoothly and give both buyers and sellers valuable protection in the contract. You might want to avoid the extra expense of legal counsel in a real estate transaction, but you could be less protected than...
Do you really need title insurance to purchase a house?
With so many details to consider when buying a home, many people may wonder whether title insurance is actually necessary during the home buying process. What is title insurance and how does it protect your investment in your new home? What is title insurance? Title...