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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

Meanwhile, homeowners association (HOA) fees multiplied for many condo buildings in the aftermath of the 2021 Surfside condo collapse. In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs.

HOA 463
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Five Contract Contingencies Home Buyers Should Consider

Will Springer Realtor

Home buyers are consumers. These buyers also have the right to either add or omit some of those available rights when their real estate broker drafts an offer. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement.

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11 Things to Consider When Buying a Home in Raleigh NC

Raleigh Realty

One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don't consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction.

HOA 148
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Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers

Listing Spark

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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New Regulations Put in Place for Condos in Florida

Lamacchia Realty

million condo units, with 28,000 condo associations across the state, and nearly a year after the Champlain Tower collapse in Surfside, Florida, stricter condo regulations have been put in place to mandate more frequent condo inspections. There will be two phases of inspections for recertification. Buyer Resources. Read More ».

HOA 36
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9 Home-Buying Costs Veterans and Active Military Should Keep in Mind

Realtor

The good news is that buyers don’t have to go in blindly: Your VA loan-savvy real estate agent will be your ally in helping you estimate the costs you will need throughout the process, no matter where you live. Buyers will often pay this fee, which runs, on average, about $30 , to their lender when they first apply for a loan.

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Find Out What Really Happens When You Waive Contingencies to Score a Home

Realtor

That’s all hunky-dory in a buyer’s market. But as the housing market has rebounded , buyers are getting competitive —more and more are waiving those contingencies, or protections, in order to speed the deal through to closing. But not every buyer needs to worry as much about financing. Contingency: Early move-in.

HOA 108