There are many reasons for construction delays, but when the delay is related to the building of your new residence or office complex, frustration quickly sets in. A construction contract dispute might be at the heart of the problem. A clear, well-written document...
real estate banking & finance
5 tips to help you find the best mortgage lender
If you are entering the real estate market for the first time, you will want to find a lender who can provide the best mortgage loan for your circumstances. In Florida, the field is competitive. Here are five tips to help you find the best lender for the property you...
When may a bank require a home inspection to approve a mortgage?
The type of home loan you apply for may determine whether your lender requires an inspection before granting an approval. As described by The Mortgage Reports, conventional loans may not require inspections because the U.S. government does not guarantee them....
How two unmarried Floridians may buy a home together
Florida’s statutes allow two unmarried individuals to purchase a home together. When buying property as a duo, the parties may establish homeownership through a tenancy in common, as noted on the Florida Legislature website. As described by U.S. News, tenancy in...
What is a quiet title action in the state of Florida?
Congratulations! You may have found your dream home, but unfortunately, there is a cloud on the title. A quiet title action may be necessary before you can purchase the property. What does this mean and how does it work? The process A quiet title action is a legal...
How may a self-employed individual qualify for a mortgage?
Myths about self-employed individuals include they must earn enough income to buy a home without financing it. You may, however, qualify for traditional residential mortgages such as FHA and VA loans if you show stable income from a business or dividends. As noted by...
Understanding the purpose of closing costs
The financial aspect of buying and selling real estate in Florida encompasses several factors. Closing costs, in particular, reference the money required to cover various aspects of a transfer in homeownership. When buyers and sellers understand what closing costs...
Can pre-approval improve your chances of getting a home loan
Seeking pre-approval for a home loan in Florida is just the beginning of the financing process. Your vigilance in following the steps may increase your chances of pre-approval. Once you have a formal pre-approval document in hand, you can use it to your advantage as...
What is mortgage insurance?
Some home buyers got an unpleasant surprise if they put down less than 20%. It comes when the lender informs the buyer that they need to buy mortgage insurance. Also known as private mortgage insurance (PMI), it adds expense to those likely stretched a little thin as...
Mortgage rates at historic lows
Mortgages are often the biggest financial burden on any budget. In light of the current economic environment, the Federal Reserve has cut interest rates to spur the economy. A benefit of this cut is that mortgage lenders followed suit and similarly slashed their...





