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Real estate law sometimes restricts what landowners may do with their land in cases where their choices might negatively affect surrounding communities, such as by creating an eyesore, obstructing views of beautiful natural scenery or inflicting a danger on neighbors such as toxic waste emissi...
Professional negligence occurs when a professional (lawyer, insurance broker, accountant, architect, realtor, financial advisor, etc.) fails to fulfill their professional duties or obligations that they were hired by their clients to fulfill. Understanding the key elements of professional negligence — ...
Arranging for title insurance. Negotiating as well as reviewing the real estate contract to determine how money will be allocated. Preparing the deed, disclosures, the mortgage or note to secure debt following the mortgage lender’s instructions and explaining the terms to their client. ...
A large share of born-and-raised Floridians are renters, which can make buying a home a bit more challenging if you’re looking for a property at an entry-level price, explains Natalie Carmichael, a Realtor for eXp Realty in Pensacola. “That leaves you with investors buying up all these...
Similarly, a realtor driving a client around is not considered for-profit passenger transport, but the vehicle would still be classified as business use, requiring a different insurance policy. Many individuals, like realtors, landscapers, or Uber drivers, use their vehicles for both business and...
What do buyers want in a home? From kitchen updates to low insurance premiums, here are some of the most sought-after items for homebuyers in 2025.
What's the difference between PMI and mortgage insurance premiums (MIP)? PMI applies to conventional loans and can be canceled once you reach 20% equity.MIPis required for FHA loans and usually lasts for the life of the loan if the down payment is less than 10%. ...
Here’s what you need to do to get ready for closing: 1. Get a home inspection Getting a home inspection is essential. Even the most beautiful houses can have hidden issues. During a home inspection, a contractor or professional inspector will check the home for major issues, like ...
What Is the Typical Brokerage Fee for a Real Estate Deal? Realtors and real estate brokers typically charge around 5% to 6% of the selling price of a house. This is often split between the seller's agent and the buyer's agent. Some discount real estate brokerages may charge a lower rat...