Real estate banking and finance are important components to allowing Florida communities to grow and thrive as new developments come in and new life is breathed into older developments. Whether the real estate project is commercial or residential, obtaining the most favorable loan terms can help with the overall success of the project.

The real estate banking and finance process can also be intimidating at times but because of its importance, it is helpful for the parties to be as familiar as possible with the various stages of a financial transaction and trained guidance can be valuable as well. Parties engaged in real estate transactions may be looking at a construction loan; leasehold financing; a line of credit; or permanent financing. In any of these situations, it is important to have all the proper paperwork in order.

It is also important to negotiate fair and enforceable loan documents and to thoroughly review the title for the property to ensure title insurance can be obtained. Parties that may need help with loan documents and title reviews include institutional and private lenders; real estate developers of apartment complexes; developers of residential and commercial condominium projects; grocery store and retail shipping center developers; real estate investors; and other property owners.

It is beneficial for both lenders and borrowers to ensure all of their bases are covered when negotiating and executing loan documents so that both parties can protect their interests and enjoy a successful transaction. Real estate banking and finance legal tools can serve as an important guide through the process.