Consumer Question - I just purchased a condominium and three weeks after closing I received a very official looking letter in the mail telling me how important it is to have a copy of my recorded deed and all of the tax information on my...
It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to...
It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to...
Q: I heard there was a recent change in the law which now prevents Board Members in a homeowners association from voting on matters via e-mail. Can you confirm this? Y.C. via e-mail A: You are correct that this change in the law for homeowners associations...
Many contracts and leases leave the parties to determine a future purchase price or rent between themselves as set by the then “Fair Market Value” (FMV). The crafty draftsperson will often try to sneak in language “as determined by seller (or landlord)”. But smart buyers...
Consumer Question - I just purchased a condominium and three weeks after closing I received a very official looking letter in the mail telling me how important it is to have a copy of my recorded deed and all of the tax information on my...
When 2 parties sign a real estate contract, they generally do so with the expectation that the seller wants to sell and the buyer wants to buy. Basically, at the time that the contract is signed, both parties want to close. However, sometimes, things happen...
Negotiating a deal can be a tricky proposition for an attorney. Every attorney wants to do his/her best job and not only assure that the client is adequately protected, but also to try to get the best deal possible for the client. As to the...
There was a time, not so long ago, when a high percentage of the residential closings that we were doing were short sales. Short sales really ramped up following the bursting of the housing bubble and then peaked during the foreclosure crisis. We all know...
Residential real estate closings cause all kinds of challenges. Whether you are working with the buyer or the seller, every step in the closing process can be emotionally draining. The client so often feels wronged by the other side and wants to strike back. I...