Every so often, investors manage to seal the deal on the perfect piece of property. Whether by accident or out of some kind of foresight, they're able to buy an investment property at a very low price, only to see the market suddenly take off. The value of their investment suddenly triples in value, virtually overnight.
You've found a home that you absolutely adore and you've made an offer that you think is more than fair -- and then you're suddenly asked to plunk down a sizeable chunk of change as something called "earnest money" as soon as your bid is accepted.
You finally found the house of your dreams here in Florida. You are no doubt eager to start making memories at your new place, but waiting is usually part of most real estate transactions. The seller usually has a few weeks or even a couple of months before they need to move out of the house.
No matter what you personally feel about marijuana legalization for medicinal or recreational use, there's no question that opinions in this country have undergone a remarkable shift where cannabis is concerned. You could find yourself wondering if "cannabis real estate" is a good commercial investment.
A woman bought the ideal home in Florida in 2015 but had no idea of the little secret it held: It was prone to flood damage.
Do you think it's time to buy a home in Hollywood, Florida? Maybe you have been renting for a few years and it costs around the median price of $1,995 per month. You are tired of seeing all of that money disappear with nothing to show for it, so you want to buy a home. How will the prices compare?
Real estate investors are wise to do what they can to reduce their tax liability. This can allow them to reinvest a larger share of their profits into new investments, giving them a greater potential to grow their business.
Escrow is one of those terms that can confuse and overwhelm people going through a real estate transaction. However, it does not need to be so confusing. By understanding the terminology associated with escrow, as well as the reason why it is so important, you will feel more prepared to go through the process.
When you are undergoing a real estate transaction, you will likely come across several unfamiliar terminology and concepts. You must gain clarity on anything that you are unfamiliar with because if you do not, you might make unwise decisions.
If you are going through the process of selling your home in Florida, you will likely be concerned with following the rules and fulfilling your obligations to the potential buyer.