Orlando Real Estate Law Blog
Basic approaches to selling a home with two mortgages
Homeowners in Florida carrying two mortgages still have the ability to sell as long as they pay off both loans at the conclusion of the transaction. For someone whose house has a value that meets or exceeds the loan balances, the process is largely similar to selling...
More Americans opting to not buy homes
Florida residents of all ages may be less likely to buy a home in the next 10 years. According to a survey by Experian, more than a third of those between the ages of 18 to 34 said that this would be the case for them. Furthermore, the study found that 25 percent of...
Selling a larger home
Many people of retirement age living in Florida consider downsizing their residence. This tends to occur because the kids are out of the house, and large homes require a fair amount of maintenance. However, some homeowners may be concerned about their ability to sell...
Fall season creates advantages for homebuyers
Although Florida has mild weather all year, autumn still opens up opportunities for homebuyers. Most people seeking a new home do so in spring and summer, especially if they have children who need to start at a new school. As a result, the residential property market...
Millennials and home ownership
Many millennials living in Florida and around the country are struggling to find ways to buy a home. While this generation may seem to be taking its time in becoming homeowners, it turns out that there are multiple factors making it difficult for them to afford real...
Commercial properties poised for steady returns
Rising rents and low vacancy levels may position the commercial real estate sector to provide stable returns to investors in Florida and around the country according to NAI Global. The real estate brokerage firm mentioned that demand was strong in the second quarter...
Due diligence in commercial real estate transactions
Thorough due diligence is crucial for commercial real estate buyers in Florida who wish to avoid costly mistakes, and taking care of the issues raised by these inquiries early in the transaction process can save both time and money. A due diligence period gives buyers...
Helping service members buy a home
Buying a home is a milestone for both civilians and members of the military. Just like civilians who travel a lot for work, those who are stationed in Florida or elsewhere may need to take their job into account when timing their home purchase. This is because a...
Many residential housing markets are overvalued
Floridians who wish to buy homes may be interested in learning that many properties in the country's biggest housing markets are considered to be overvalued. While demand is up for homes, the housing market has weakened because the rising prices have made it almost...
Realtor organization reports home sales numbers falling
The National Association of Realtors reported that the pending home sales index was .8 percent lower in July 2017. Year over year, the index fell 1.3 percent. The lower index numbers suggest that supply has lessened in the residential real estate market. In Florida...
