Florida has established itself as a hotspot for real estate investors. If you are interested in owning a piece of commercial real estate in the Sunshine State, however, it is important that you understand the legal intricacies that come with real estate transactions. ...
Month: March 2022
Why would you get rejected for a mortgage?
If you’re interested in buying a property but you don’t have the cash on hand, you may get a loan or a mortgage to make that purchase. You have to apply to the lender to see if they will approve you for a loan that is large enough to purchase the property you’re...
Should you buy or lease a commercial property?
The location of a business is crucial. But this is not the only decision you need to make regarding property. Should you lease or buy the commercial property you find? Which is the most suitable option? Here are a few factors to help you decide: How is your capital?...
What are the components of a mortgage?
If you’re in the market for a home, you know that this could be the biggest financial transaction of your life – and you know that you need to be cautious as you proceed. Among other things, you need to consider all of your financing options as carefully as possible,...
What the increase in EVs means for Florida commercial property
Like so many things, electric vehicles (EVs) have become a highly politicized issue here in Florida. Despite the pushback against them by some leading state politicians and even proposed legislation to tax EV owners, there’s no doubt that they’re part of the...
How to reduce the risk of liability in real estate transactions
Real estate deals come with potential pitfalls. Many problems can arise as you enrich yourself by purchasing, selling and renting properties. Although the rewards can be great, a lawsuit could be your undoing. Shield your interests by taking the appropriate steps....
Why custom real estate contracts are better than boilerplate ones
Florida's vibrant real estate market attracts investors and businesses seeking lucrative opportunities. However, amidst the excitement of making deals, be careful not to overlook the importance of well-crafted contracts. Boilerplate or pre-made, all-purpose contracts...
How contingencies help protect your commercial real estate investment
Contingencies are safeguards in commercial real estate transactions. They are legal stipulations that must be met before a deal is finalized. Their importance in protecting investments cannot be overstated. Contingencies provide a way to address potential issues that...
Is it practical to convert offices into housing units?
Real estate investments are not always as lucrative as people might hope. Individuals and businesses looking to rent properties to others have to think about the future demand when planning a purchase. Investing in office spaces for commercial rentals has long been a...
What can impact the approval of a commercial real estate loan?
The process for a commercial real estate loan is like applying for a home mortgage, but they have distinctions, potentially causing complications. Financing commercial real estate is often more challenging because it could cost more and require more paperwork. It can...