Weston Title News

As many of you may have been reading, the Florida Supreme Court recently issued a major overhaul of the Rules of Civil Procedure, effective January 1, 2025 by issuing two separate per curium opinions which introduce substantial changes to the Florida Rules of Civil Procedure, SC2023-0962 and SC2024-0662. These changes are meant to streamline case management, encourage cooperation among parties, […]

With mortgage interest rates still hovering above 7% on a 30-year fixed loan, many home buyers are seeking financing alternatives. One such option is assumable mortgages which are low-rate mortgages that home buyers take over from sellers. While popular in the 1980s when mortgage rates climbed to 18%, assumable mortgages are making a comeback. Where can one find an assumable […]

The US Consumer Price Index, a key metric of inflation, does not include the rising price of homeowner insurance.  According to Bloomberg Intelligence, increased homeowners’ insurance would have added 80 basis points or approximately .8% to the reported CPI increase of 3.4%, meaning inflation would be more like 4.6 %. By not including home insurance, the CPI does not factor […]

There is a sense of uncertainty in the residential real estate market due to the recent settlement of the National Association of Realtors (“NAR”) in which NAR agreed to not continue a longstanding practice that required home sellers to indicate the amount they would pay a home buyer’s agent. Questions as to the timing as to when prospective buyers or sellers […]