Orlando Real Estate Law Blog

Floridians who want to purchase homes but are not U.S. citizens might not realize that they could still be eligible for mortgages. The type of mortgages for which they're eligible will depend on their immigration statuses, however. Permanent U.S. residents qualify for...

When people in Florida go to purchase a new home, figuring out their potential closing costs can help them make better decisions about how much they can afford to spend overall. In many cases, closing costs can be higher than people expect, especially for first-time...

Prospective home buyers are normally encouraged to save up to 20 percent of the anticipated purchase price for their residential property. However, not having the 20 percent saved doesn't necessarily preclude anyone from being able to move forward with homeownership...

Millennials in Florida and throughout the nation spent more time either renting or living with their parents while recovering from the Great Recession. Therefore, some have decided to skip the starter home phase and move right into their forever homes. One man's first...

Florida residents who are thinking about buying a home may want to consider doing so relatively soon. Although home price appreciation is expected to slow in the next two years, mortgage rates are expected to hit 5.1 percent by the last quarter of 2019, according to a...

Although foreclosed homes in Florida have prices comparable to regular home listings these days, real estate investors and home buyers still might find opportunities in these distressed properties. The foreclosure process has three stages, and each stage influences...

Florida homeowners who are undecided about selling their home should be aware that there is a seller's market for homes, and it is expected to last through June of 2018. The seller's market may even continue if there is not a substantial increase in the number of...

In the current housing market, Florida residents and others looking to buy a home should be ready for a bidding war on any property that they are interested in. A combination of low inventory and an influx of new buyers has resulted in higher home prices. To improve...

Low inventory, high demand and higher mortgage rates could make it harder to find housing in Florida and other states that meets a buyer's needs and budget. According to Trulia, starter homes that are available today tend to be older, which means that they need to be...

According to a recent survey, roughly one-third of homebuyers said that they went over budget to acquire their most recent property. The survey involved 1,214 people throughout the country who had bought a home in the past four years. Those who went over budget said...