FYI

House prices?

Why Home Prices May Be Rising During the Pandemic Many sellers are reluctant to cut prices. Realtor.com: About 4% of sellers cut their prices in the week ended April 25, down from 5.7% in the same week last year. THE LATEST INFORMATION ON CORONAVIRUS FOR REALTORS IN FLORIDA Florida Realtors is monitoring everything regarding how the …

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Can board pass this latest special assessment?

Ask a real estate pro: Can board pass this latest special assessment? Owner of Gibraltar Title, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday.  Q: Our association is specially assessing all of the owners several extra payments to fund a refinance of a loan we …

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Demolition Daze: 7 Ways to Botch Renovating a Home

  “Renovating my house was a piece of cake,” said no one ever. Indeed, even seemingly simple projects, like installing a screen door, staining hardwood floors, or refacing kitchen cabinets, can surprise homeowners with unexpected challenges and ever-escalating costs. And the problems multiply if you make certain all-too-common mistakes. We’re not trying to discourage you from …

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When-bargain-hunting-can-backfire

iStock Everybody loves a bargain. But getting one handed to you, gift-wrapped, in this housing market? Fat chance. Limited inventory has boosted prices, and in many cities, sellers have the big end of the stick. It’s rare to see buyers scoring a fabulous house in a desirable neighborhood for thousands of dollars under asking price. …

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Categories FYI

What is a bedroom? Legal requirements!

  Does anyone who is not from the other side of the galaxy really need to ask, “What is a bedroom?” Actually, yes. Welcome to the nuances of real estate speak, where not everything is as it seems. There are, in fact, a number of details that make a room a “bedroom”—and both home buyers and …

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Categories FYI
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