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Landlords Are Accepting Partial Rent Payments. Ruling Shows This Might Be a Mistake

Landlords Are Accepting Partial Rent Payments. Ruling Shows This Might Be a Mistake

The economic downturn amid the COVID-19 pandemic has caused some to accept partial rent payments from struggling tenants. By Cedra Mayfield | March 04, 2021 at 07:16 PM | The original version of this story was published on Daily Report Online Closeup of red, white for rent sign attached, hanging on wooden apartment, house, home, building door with glass windows Landlords, beware. The economic downturn amid […]

Are Real Estate Broker Commissions Under Attack?

Mon Mar 1, 2021 by on Real Estate & Real Estate Law

Are Real Estate Broker Commissions Under Attack?

Broker commissions for residential real estate are being challenged. With more and more home buyers relying more on technology for video-tours and neighborhood research, “traditional” real estate commissions are being challenged and yet have largely remained unchanged. Paid by the home seller, the commissions are typically as high as six percent, three percent being paid to the seller’s agent and […]

What Happens When You Buy a House Without Due Diligence?

Mon Feb 22, 2021 by on Real Estate & Real Estate Law

What Happens When You Buy a House Without Due Diligence?

Pandemic House Buy without Performing Due Diligence Purchasing a home is one of the biggest decisions that many make considering the purchase price. Unlike buying goods at a store, houses are not returnable. As a result, one has many factors to consider before making a home purchase—and should not simply rush into such a purchase. The Role of the Pandemic […]

The K shaped Economy: The End to Mortgage Relief Programs and the Housing Boom

The K shaped Economy: The End to Mortgage Relief Programs and the Housing Boom

The COVID-19 pandemic has created two distinct real estate market forces. One involves what will happen once the mortgage forbearance relief programs end while the other involves the current housing boom. While no one can negate the seriousness of the pandemic, there are those that liken the real estate market as “A Tale of Two Cities”: for as many of […]

A Flip Flop … Flip? Florida Supreme Court Finally Grants Attorney Fees for Homeowners Who Beat Banks

Wed Jan 6, 2021 by on Foreclosure Law

A Flip Flop … Flip? Florida Supreme Court Finally Grants Attorney Fees for Homeowners Who Beat Banks

Originally posted on dbr DAILY BUSINESS REVIEW by Rachel Lean A longstanding dispute over whether homeowners should be able to collect attorney fees after defeating a foreclosure lawsuit with a lack of standing defense has finally been resolved at the Florida Supreme Court. It’s a ruling that opens the door for countless Florida homeowners to recover legal fees from banks and lenders who sued them and […]

Stimulus Round Two: New Covid Relief Bill & PPP-2

Mon Dec 28, 2020 by on Coronavirus

COVID EMERGENCY RELIEF FRAMEWORK

The Consolidated Appropriations Act, 2021 On December 27, 2020 President Trump signed into law the COVID-19 $900 billion relief bill, the Consolidated Appropriations Act, 2021, that Congress passed on December 21,2020. What does this new legislation do? This legislation adds $300.00 to extended weekly unemployment benefits and provides more than $300 billion in aid for small businesses. It also provides […]

A Change of Scenery: The Migration to Florida

Thu Dec 17, 2020 by on Florida Real Estate

A Change of Scenery: The Migration to Florida

Since the pandemic began, relocating to Florida has accelerated. In fact, since 2014, Florida eclipsed NY, becoming the third largest state in population behind Texas and California. People are leaving the Northeast and relocating to Florida particularly for the climate and because Florida just so happens to be one of only seven states with no state income-tax. Why Florida? Prior […]