Larry | July 24, 2009
An article published in The Miami Herald yesterday, pointed to evidence that lenders are slowing the flow of foreclosures to the South Florida real estate market, thus curbing further price declines. In Miami-Dade County, lenders reportedly repossessed 756 homes in June, up from 434 in May. In Broward County, lenders reportedly repossessed 1,365 homes in [...]
Larry | July 16, 2009
The traditional Life Estate Deed is an estate-planning tool with several benefits including allowing an individual to convey his/her homestead (real property which is designated as the owner’s primary residence and which is thus protected by law from creditors’ claims) to his/her intended beneficiaries upon his death, while avoiding the probate process. Also, when the [...]
Larry | July 10, 2009
In Miami-Dade and Broward Counties, it is customary for the Buyer to pay for title insurance in a real estate closing; however, in Palm Beach, and most other parts of the State, it is customary for the Seller to pay. Even though these are the customs, sometimes the answer depends on which Real Estate Contract [...]
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