Over the last few days, I have been flooded with articles about one mortgage company after another laying off hundreds, or thousands of employees because over the last several weeks, mortgage originations are down. Similarly, I am seeing articles that title companies who close residential...
As we watch the news each night, we see images of the devastating war in Ukraine. Millions of Ukrainian citizens have been displaced from their homes and are now considered refugees. The humanitarian crisis grows every day. It’s hard to imagine how such suffering can...
In early January, we learned that the inflation rate reached a staggering 7%, the highest rate since 1982. Analysts blamed many things for this increase. COVID and supply chain issues are cited as two of the leading causes. I don’t suppose it matters much to...
Everybody who has ever bought a house knows that the property inspection is a crucial part of the purchase process. The property inspector tells the buyer whether the house is in good condition or if repairs are necessary. If nothing else, buyers pay close attention...
Lending is a very competitive market today. When a lender presents a term sheet, it is very important to scrutinize all of the salient terms. How reserves are to be funded and held can change the dynamics of the transaction. Most of the time, the borrower...
Commercial Real Estate Development (FL) discusses key considerations for a developer of commercial real estate (CRE) in Florida. For purposes of this note, CRE development refers to retail, office, medical, industrial, hospitality, multifamily residential, and other types of commercial properties. Development means new construction or renovation...
Buying a home is a complex undertaking that, in order to reach a smooth conclusion, requires the good faith efforts of all parties involved. When that trust is compromised, the process of recovering monies invested or enforcing protective contract clauses can become volatile and overwhelming...
As ‘pandemic migration’ continues, real estate markets outside of city centers are enjoying an infusion of serious buyers and motivated sellers. If you’re exploring a new home purchase, especially if that home is in a new city or state, it is crucial to surround yourself...
There are many issues to consider when buying or selling commercial real estate (CRE) in Florida. The considerations that buyers and sellers face are sometimes different and these issues may differ by asset class as well....
Two years ago, my wife and I sold our house of 23 years and decided to downsize. We thought we would rent for a year and figure out what we wanted to do. I had an accident, so one year became two and she (not...