Orlando Real Estate Law Blog
Factors for older homebuyers to consider
Age should not be a concern for older individuals in Florida who are considering purchasing a home for the first time. The 2017 NAR Homebuying Report shows that individuals between the ages of 52 and 70 accounted for nearly 25 percent of first-time homebuyers....
The upside of passive real estate investment
Many Florida residents may invest in real estate by buying a second home. This is because they are familiar with the process of buying property and understand how it can appreciate in value over time. However, an individual may underestimate the challenge and risk in...
Commercial real estate strong in first half of August
Florida investors are likely aware that August is normally the slowest month for commercial real estate leases and sales. However, August of this year is different as is the summer so far as a whole. Commercial real estate has seen a strong uptick in business with...
Federal Reserve stress testing focuses on commercial real estate
Commercial real estate in Florida sometimes offers investors good returns. However, lenders have raised their standards for financing property purchases. A report issued by the Federal Reserve System shared the results from a survey of loan officers, who have placed...
What not to do when searching for a home to purchase
Many Florida residents are excited to find the homes that they would like to buy. When they are preparing to do so, there are multiple things that they should avoid doing so that they can get the homes that they want and save money on their transactions. Buyers should...
How to get financed for a commercial property
A Florida resident who wants to borrow money for a commercial real estate project may believe that getting loan approval is a formality. However, the lender may not necessarily see it that way. If a person has tax issues, late payments or other credit blemishes, it...
Record number of foreign buyers for residential real estate
Florida is one of the three states that is seeing the largest number of foreign real estate purchases. The other two are California and Texas. From April 2016 to March 2017, foreign purchase of real estate hit an all-time high, and half of those purchases were in the...
Selling a home during foreclosure
Florida residents who are facing foreclosure may understandably feel nervous and afraid, but there are many options available that could slow or stop the process. One option involves selling a home.Foreclosure typically starts after four missed payments and a notice...
Commercial property protections against buyer’s remorse
Seasoned real estate investors in Florida understand that studying the details of a property is as important as paying attention to macro-trends in the market. For those looking to enter the commercial real estate market, due diligence may seem like overkill at times,...
Tips for families seeking long-term residential property
Regardless of market conditions at the time, buying a home can lead to dissatisfaction without exercising due diligence. Dissatisfied home buyers can then lead to higher vacancy rates in a subdivision, push property values lower and put a damper on future land...
