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15 October 2024 | 2 replies
The use of a flat fee for higher-value properties is a common practice and can be beneficial in ensuring transparency and predictability in transaction costs.
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15 October 2024 | 1 reply
Longboat Key and Siesta Key are two ideal locations for those seeking luxury properties in exclusive but less crowded areas.Orlando: Although more commonly known for its tourism industry, Orlando is emerging as a luxury market due to the rise of high-end gated communities and its proximity to theme parks.
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16 October 2024 | 6 replies
It’s also commonly referred to as an Alter Ego in legal jargon and often times actually complicates litigation if a claim arises.
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14 October 2024 | 1 reply
There are some basics that I think most people would assume are common knowledge, and therefore not rise to needing called out.
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9 October 2024 | 21 replies
Most Common Incorrect “Facts” by the Inexperienced1.
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17 October 2024 | 26 replies
While it's not common for lenders to enforce this, it's still a risk.Lender Discomfort: Since the loan stays in the seller's name, if the lender becomes aware of the transfer, they may become uncomfortable with the arrangement, potentially complicating the process.Seller Risk: The seller is still legally responsible for the mortgage.
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14 October 2024 | 4 replies
This is a common question I see.
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14 October 2024 | 9 replies
This is probably not real common on residential, but we see it now and then.
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15 October 2024 | 21 replies
It’s very common since it’s considered a business purpose loan.
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14 October 2024 | 19 replies
In PA, Special Warranty is probably the most common which guarantees the title against issues that came into existence during the seller's ownership.