Orlando Real Estate Law Blog
Home prices on the rise for real estate buyers
People in Florida planning to purchase a home in 2018 may face more difficult financial decisions as home prices and mortgage interest rates continue on an upward trend. Across the country, the monthly mortgage payment for a home that sits around the national median...
Real estate battle puts Jetty Park in dispute
Two communities in Florida are dealing with a long-running real estate dispute that is dividing port commissioners and other local officials. Port Canaveral and Brevard County are engaged in a dispute over 9.6 acres of land, part of Jetty Park located in the town of...
Commercial real estate market expected to stay strong
Some people in Florida who have invested in the historically strong commercial real estate market may be concerned about reports indicating a potential downturn. In 2016, returns came in below the 20-year average for the first time since the financial crisis of 2008....
Reasons the housing market could be slowing down
Florida residents who are looking for a home may have noticed the recent slump in sales. According to the Commerce Department, new home sales across the nation fell 7.8 percent in January. Sales were down 14.2 percent in the South and 33.3 percent in the Northeast....
When eminent domain is used by the government
Residents of Florida may have questions regarding eminent domain proceedings. The common questions revolve around the issue of whether a government may take a property under certain circumstances.A recent situation in Florida provides an illustrative example to these...
What to think about when buying a home
Buying a home represents a significant financial investment for people in Florida and elsewhere around the country. It is also a decision that a person may only make a few times in his or her life. One of the primary considerations an individual may need to make when...
Why marriage may be easier than owning a home
To some people in Florida and throughout the country, marriage may seem like a bigger commitment than buying a house. However, this may not necessarily be the case. For example, it may be possible to return a ring or get a refund on a wedding if someone backs out....
Younger people and house purchases
Millennials living in Florida are not putting off their home purchases because of an affinity for avocado toast. In many cases, young people are choosing to pay off their student loans or other debts before they decide to go into debt buying a home. In fact, only 39...
Unmarried couples and home buying
Couples in Florida may decide that they are ready for homebuying even if they aren't yet ready for marriage. For these couples, buying a home often requires taking a few precautions to protect the investment and interests of each partner.When married people own...
How to prepare to buy a home
For some Florida residents, purchasing a new home is a major goal for 2018. The initial step for becoming a first-time homeowner is to check credit scores. Ideally, a prospective buyer will have a credit score of at least 620. Those who are interested in improving...
