I recently wrote an article discussing how the use of cryptocurrencies in real estate transactions may one day soon be commonplace. Cryptocurrencies have the potential to revolutionize real estate transactions, but cryptocurrencies are not alone in that regard. NFT’s also offer the potential to change...
One of the most overlooked components of a real estate transaction is what happens when the ink dries on the stack of documents everyone signed during the closing, but funds are not immediately available. Buyers typically think they get keys right away upon signing. But before they can...
The third quarter of 2021 saw the largest quarterly percentage increase of foreclosures since 2014. Lenders started the foreclosure process on 25,209 properties and repossessed 7,574. That trend can be seen locally too. We have witnessed an increase in foreclosure filings in Miami-Dade County. For...
Like our climate, there is no denying that South Florida’s real estate market has been scorching hot. But while South Florida is well known for its real estate booms and busts, the current cycle is also running right into the latest technological wave – cryptocurrency. Home...
One of the most overlooked components of a real estate transaction is what happens when the ink dries on the stack of documents everyone signed during the closing, but funds are not immediately available. Buyers typically think they get keys right away upon signing. But before they...
Purchasing insurance is often expensive, time consuming, and confusing. However, today is the right time to make sure you have the proper insurance coverage in place and to confirm that your insurance company has the financial strength to handle the claims process. That way you...
In Can Financial LLC vs. Niklewicz, Case No. 4D19-3668 (Fla. 4th DCA 2020), Jack Niklewicz thought he was buying his dream home for a significant discount. Instead, he purchased a nightmare because he neglected to perform any due diligence before buying the property at a...
The Great Recession was fueled by bad loans in the real estate market that turned into non-performing loans for many banks. Investors could purchase those non-performing real estate loans directly from banks during those troubled times and those deals were beneficial for the banks because they...
Buying a home for the first time is exciting. While home hunting it may be easy to get blinded by the size of the swimming pool, or the spacious open layout, or the amazing backsplash on the kitchen walls to go with those new granite...
Property owners have often found that improving their property to make them more energy efficient or wind resistant is expensive. However, our legislators authorized Property Assessed Clean Energy (PACE) programs to help homeowners finance the cost of those home improvements. PACE programs are specifically designed to assist both...