Real estate Q&A: Yes, but it requires more planning and take precautions. Someone you trust could act on your behalf, or there are remote online notarization options. FORT LAUDERDALE, Fla. — Question: We want to sell our condo in Florida, but traveling is getting more difficult because of our age. Is it possible to do this … Read more
October existing home sales rose 1.6% month over month and are on track to finish this year higher than last year. SEATTLE — Existing home sales rose 1.6% month over month in October — the biggest gain since January 2022 — to a seasonally adjusted annual rate of 4,179,346, according to a new report from … Read more
If an HOA hires a contractor who then causes damage, the HOA shares the responsibility for addressing those damages. Take clear photos of the damages. FORT LAUDERDALE, Fla. — Question: The landscaper hired by our HOA for the community damaged a large hedge in our yard that now must be replaced. My HOA says the … Read more
Pending home sales posted their biggest increase since 2021 recently, but some house hunters are starting to pull back, Redfin said. SEATTLE – Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years, according to a new report from the real estate brokerage … Read more
Preparation is the key to navigating hurricane damage. Before any storm, check insurance policies for coverage and take a home inventory. FORT LAUDERDALE, Fla. – Question: With hurricane season heating up, I am concerned I will not know what to do if a storm damages our house. How can we be prepared and ensure that … Read more
Financial pros generally recommend keeping financial records for seven years. Check with the IRS and state tax collectors’ websites for the specifics. FORT LAUDERDALE, Fla. – Question: I helped my father sell his condo in 2017 and have been storing the paperwork from when he originally purchased it to when he sold it. I want … Read more
Real estate Q&A: When a tenant installs an unauthorized water filter that caused extensive damage, who is responsible? You are likely accountable for damages. FORT LAUDERDALE, Fla. – Question: Our tenant installed a water filter directly into the plumbing without our knowledge. This caused a leak that drained through the floor and damaged the unit … Read more
When a neighbor’s tree causes damage to your property, what’s the neighbor’s liability? Property owners need to care for their trees or possibly face a lawsuit. FORT LAUDERDALE, Fla.— Question: My neighbor has a large pine tree that died this summer. It is five feet from our shared property line and within range of … Read more
Mortgage rates dropped to their lowest level in months. Four Florida cities lead the nation with biggest YoY median sale price increases and new listings. SEATTLE — The typical U.S. homebuyer’s monthly housing payment was $2,722 during the four weeks ending July 14, $115 lower than April’s all-time high, according to a new report from … Read more
RE Q&A: Can the seller keep the deposit, since there is a signed contract? It depends on the financing section of your contract, timing and other specific details. FORT LAUDERDALE, Fla. – Question: We recently signed a contract to sell our home. Yesterday, our real estate agent told us the buyer was canceling because they … Read more
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