Skip to Content

Yearly Archives: 2023

Buying a Home: What to Know About An Appraisal Contingency

Tue Sep 5, 2023 on Florida Real Estate

Buying a Home: What to Know About An Appraisal Contingency

If you are a homebuyer seeking a mortgage and the house you contract for appraises for less than the actual contract price, you need to fully evaluate whether to waive the so-called appraisal gap. Waivers of appraisal typically occur in high demand real estate markets, where there are more buyers seeking homes than sellers listing their homes. As a result, […]

The Calm Before The Storm

Thu Aug 24, 2023 on Florida Real Estate

The Calm Before The Storm

We are in a percolating real estate cycle which is clearly symbiotic with the economy. For some, the economy is going quite well. For example, those who have 401(k)s are generally impressed with how they have grown this year, as well as those individuals who are savers and have found that they can earn 5% in traditional money market accounts […]

An Alternative to Traditional Lender Mortgages: Seller Financing

Tue Aug 8, 2023 on Blog

An Alternative to Traditional Lender Mortgages: Seller Financing

Are you a seller willing to provide a mortgage to a prospective home purchaser? Or, are you a residential home purchaser able to purchase a home for full price or even a higher offer and seek alternative financing? There is an uptick in seller financing for both parties due to the increase in interest rates to date and lenders becoming […]

When Will the Housing Market Pick Up Again?

Thu Jul 27, 2023 on News

When Will the Housing Market Pick Up Again?

Why Is the Housing Market So Sluggish? There is a critical shortage of homes causing a weak housing market. Sales of pre-owned homes dropped 3.3% in June from May, and 18.9% lower than from June of 2022. While a six-month supply is considered balanced between buyer and seller, the current sales represent only a 3.1-month supply. Pricing of homes has […]