It is no secret that the real estate market in South Florida is booming, but how has the surge in home values affected how residential properties are appraised? I asked appraiser Richard Pyle, who has served the Florida market for more than a decade, to explain how properties are appraised and how the pandemic has […]
There are many critical parts to a residential real estate transaction that must fall into place in order for the closing to take place smoothly and on time. The first time home purchaser or novice residential real estate investor may not understand what goes on behind the curtain. While angst is understandable, it can be […]
On Monday, March 30, Broward County issued Executive Order 20-04 (effective Tuesday, March 31) to clarify the types of real estate sales and real property title services that are allowed to occur in-person as opposed to remotely or electronically. Per Executive Order 20-04, in-person appraisals, inspections, surveys, or other in person required activities (as expressly […]
The Florida Association of Realtors (FAR) has recently come out with a new extension Addendum for COVID-19. Below is a summary of the Addendum and how it can be used when amending the “As Is” Residential Contract. Any questions please feel free to contact us. 1. This is an Addendum created by the Florida Association […]
It’s still business as usual, albeit remotely, here at Becker and Becker TITLE. Our team is diligently working to close each transaction in a timely manner utilizing the latest technology and our vast resources. Interest rates are lower than ever and it is a great time to buy or refinance (side note: BT also handles […]
Answer: It depends! Section 18F-Time is a commonly misinterpreted section of the FAR BAR Contract. Calendar dates are used to compute the critical dates of the contract. If a deadline falls on a calendar date that is not a weekend or national holiday, the deadline expires at the end of that calendar date, which is […]
By: David Blattner It has been some time since I last wrote about operating expenses in leases. Tenants like certainty in budgeting and, because of the way most leases are drafted, landlords often have flexibility to change and increase operating expenses each year. I have previously offered suggestions on how tenants can limit some of […]
There are a number of provisions within our standard real estate contracts which most buyers, sellers and real estate professionals typically give little to no thought to. In fact, most attorneys will gloss over certain provisions when making modifications to the contract. In the wake of Hurricane Irma these provisions become critical and will govern […]
One of the hallmarks of Association Title Services is our Real Estate Agent Educational Enhancement Program. This program was developed for our loyal following of real estate agents who are continuously seeking to enhance their customer base through the educational enhancement offered by our attorneys. As part of our program, we present you with this […]
Imagine for a moment that you are working with a buyer. You find them a home. Buyer and seller agree on price and terms and go under contract. In this hypothetical your buyer also has to sell their current home, therefore you use the V. SALE OF BUYER’S PROPERTY addendum, which is the correct addendum […]