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A Buyers’ and Sellers’ Guide to Multiple Offer Negotiations
Information for Buyers In some situations sellers will have several competing purchase offers to consider. Sellers have several ways to deal with multiple offers. Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the […]
Renting – When Do You Lose Homestead?
Florida attorney Jim Brown answers the frequent question asked by realtors, “My homeowner wants to rent their property, when will their homestead benefit go away?”
Use of ‘Escalation Clause’ Skyrockets in Hot Seller’s Market
As escalation clauses become more popular during this hot seller’s market, buyers should consider the pros and cons of using them – as well as the broader legal context of their offer. During this white-hot seller’s market, many REALTORS® have asked questions involving multiple offer scenarios. Buyers are desperately seeking ways to try and make […]
Quiet Title Actions – Legal Versus Equitable
Some situations require a quiet action in real estate deals, title conflicts and a completion of ownership transfers and claims. When someone must file to authenticate their title being valid despite claims explaining that it is not, the individual usually must undergo a quiet title action. This may be regarding the actual property title, an […]
Mold in Rentals and Landlord’s Responsibility
Learn about your landlord’s liability for mold problems, how to get rid of mold, and how to prevent it in the first place. Mold is an environmental hazard that can cause concern among renters. Across the country, tenants have won multimillion-dollar cases against landlords for significant health problems—such as rashes, chronic fatigue, nausea, cognitive losses, hemorrhaging, and […]
Home Buying Agent vs. Real Estate Attorney
Purchasing a home will likely be the largest and most significant transaction of your life, which is why many people choose to hire a real estate agent to assist in the search and negotiate on their behalf. Real estate agents generally fall into two categories: home buying agents and home selling agents. Home buying agents […]
What Do Real Estate Attorneys Do?
So you’ve decided to take the big step of buying a home. It’s probably the biggest purchase and most expensive investment you’ll ever make. But it’s not a simple process. There are a lot of laws that are specific to real estate, with which most people aren’t acquainted. Just like hiring a real estate agent […]
8 Tips for Choosing A Foreclosure Attorney
8 tips for choosing a foreclosure attorney Many homeowners fight foreclosure by hiring lawyers to represent them. Read on for eight tips for finding and selecting a foreclosure defense attorney, and what to expect. HUD is your bud Here’s the first bit of advice from lawyers: Before contacting a lawyer, call a HUD-certified housing counselor. […]
New Construction Home Inspections: Are They Necessary?
In the midst of the last recession that crippled the U.S. real estate economy, new construction home inspections virtually disappeared. For several years, there was too much available housing inventory at too low a price to make newly constructed homes competitive on cost. Essentially, buying a prebuilt house was more attractive to homebuyers than building […]
5 Things Your Real Estate Attorney Wishes You Knew
Real estate attorneys aren’t always the most popular people on the block. Hey, I’m a lawyer, so I fully appreciate why some people don’t like us. We’re expensive, we’re often difficult to get a hold of, and when we do call you back, we don’t always tell you what you want to hear. Sometimes, we […]