Fort Lauderdale Real Estate

RE Q&A: How Long Should I Keep Condo Sale Records?

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

Am I Responsible for a Tenant’s Water Damage?

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

Redfin: Typical Monthly Housing Payment Drops

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

Buyer Can’t Get Financing: Now What?

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

A Playbook for Working With First-Time Buyers

WASHINGTON – A house is typically the largest investment people make. It keeps some up at night, worrying if they’ve budgeted properly to afford the downpayment and the maintenance of the home on top of their regular expenses like food and transportation. The process is an emotional one. Help potential buyers by walking them through … Read more

Can HOAs Ban Politicking? | Florida Realtors

An HOA is considering a ban on political speech in a neighborhood, including door knocking and lawn signs. Is this legal? FORT LAUDERDALE, Fla. – Question: With the upcoming elections, our association is considering banning politicking in our community. They want to stop everything from door knocks to lawn signs, all in an effort to … Read more

Florida Home to NAR 30-Under-30 Finalists

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Two Realtors from Florida are among the finalists for NAR’s 2024 30-Under-30 class. Voting for the Web Choice Winner opens April 3. ORLANDO – Two Florida young professionals – from Boca Raton and Fort Lauderdale – are among 50 real estate industry rising stars who embody innovation, determination and selflessness, vying for Realtor® Magazine’s 30 … Read more

Pool Deck Likely Origin of Surfside Condo Collapse

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Federal investigators analyzing the 2021 Surfside condo collapse said they think there is conclusive evidence that a pool deck collapsed before the tower. A final report won’t be ready until 2025. FORT LAUDERDALE, Fla. – A federal probe into the June 2021 collapse of a Surfside condo tower that left 98 people dead continues to … Read more

South Florida Condo Buyouts May Change the Skyline

MIAMI — South Florida saw the highest number of condominiums selling out to developers since the pandemic. More buyouts are in the pipeline, raising questions about the future of South Florida’s skyline. Miami-Dade and Broward saw 18 condo buyouts last year, the highest number since 2019 when both counties had a total of 23 buyouts, … Read more