Orlando Real Estate Law Blog
Bank regulations may be making CRE borrowing more difficult
A combination of market forces and more conservative lending practices are making it more difficult for commercial property developers in Florida and around the country to refinance their loans, according to some industry experts. Developers planning new projects...
Commercial property values are down
Consumers in Florida and around the country are doing more of their spending online, and many of the nation's biggest brick-and-mortar retailers are struggling to keep their doors open as a result. The commercial real estate market reflects the economy as a whole, and...
Collier County to appeal court’s decision in eminent domain case
Property owners might be interested in a case that is currently pending in Florida. The case involves Collier County and the lawsuit that was filed and won against it by a subsidiary of CVS Health called RTG and Holiday CVS. In that case, a jury awarded the plaintiffs...
Why millennials struggle to afford homes
Millennials in Florida and throughout country would like to buy a house, but they don't seem to be able to afford it right now. That was the takeaway from a survey conducted by Apartment List. It found that 70 percent of millennials who responded had less than $1,000...
Florida family fights back against eminent domain
A Florida family won a minor victory in 2017 in a long legal battle against the city of Cape Coral over an eminent domain land purchase that began in 2014. While the family expects legal arguments may continue, the City Council agreed to drop the matter and purchase a...
Good reasons to look at commercial properties
Florida residents may not give commercial property much thought when it comes to becoming a landlord. However, buyers may actually be better served by investing in such properties. First, commercial property values tend to remain more stable over time when compared to...
FDOT highway plan criticized by local residents and businesses
The Florida Department of Transportation has modified its plans to increase the capacity of 24 miles of U.S. Route 231, and the agency now says that the highway will only be widened to six lanes between U.S. Route 98 and Penny Road. However, this news has not been...
Challenging incorrect property valuations
Florida property owners may have to pay thousands of dollars because of tax valuations of their homes. When residents believe that the valuations for their properties are too high, they can challenge them. Some appraisers incorrectly note features of properties,...
Getting a home inspection
People wanting to buy a home in Florida should make sure that the home they are considering receives an independent inspection before it is purchased. Inspections conducted by professionals can ensure the buyer is not saddled with a home that requires extensive...
Escrows and home purchases
When Florida residents plan to purchase homes, they will have their down payments held in escrow until the transaction closes. Escrow involves holding down payments and handling the other money aspects of the transactions. Escrow companies or other independent parties...
