Real estate Q&A: A new survey found the overlap, not uncommon as property lines don’t always match assumptions. Confirm the results first, then talk to the neighbor. FORT LAUDERDALE, Fla. — Question: We are preparing to refinance our home, and the lender ordered a new survey. It turns out that about 2 feet of our driveway … Read more
A difficult neighbor may need to be disclosed if issues are ongoing. Being clear and factual can help sellers avoid problems later. FORT LAUDERDALE, Fla. – Question: We are getting ready to sell our house, and one of the reasons is our next-door neighbor. He throws loud weekend parties that run late into the night, … Read more
Earnest money shows buyers are committed and financially ready, helping sellers feel more secure about accepting an offer. NEW YORK – Question: My husband and I are trying to buy a home. We got prequalified, as our real estate agent recommended and have the lender ready, but our offers keep getting rejected. Our agent believes … Read more
Single women now own far more homes than single men and lead in most U.S. metros, including fast-growing Florida markets where prices better match single incomes. NEW YORK — Single women continue to outpace single men in homeownership, even though they typically earn less and spend a larger share of their income on housing. New … Read more
The average 30-year mortgage rate rose to 6.46% from 6.38% last week, while costs on 15-year fixed-rate mortgages increased to 5.77% from 5.75%. WASHINGTON — The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home shoppers in the midst of the … Read more
Homebuyers who purchase earlier gain more equity over time, leading to a $119K net worth gap by age 50 compared to those who wait. NEW YORK — Buying a first home at a younger age can significantly boost long-term wealth, with early purchasers gaining a six-figure advantage over those who wait, according to a new … Read more
NEW YORK — Every spring, thousands of homeowners list with the same goal: Sell quickly and walk away with the highest possible price. But in the busiest season of the year, strong demand alone doesn’t decide the outcome. The difference between a good sale and a great one often comes down to a handful of … Read more
Property managers and contractors working in pre-1978 homes may need EPA certification. Recent guidance clarifies who can be held liable. ORLANDO, Fla. – Federal law requires all renovation, repair and painting firms that work in housing or facilities where children are routinely present built prior to 1978 be certified. In Florida, this law is enforced … Read more
With home prices up, more buyers are partnering with friends to afford a home. Experts urge clear planning and legal agreements. MIAMI – Shared homeownership isn’t new, but who’s doing it is. As prices surge, more first-time buyers are turning to friends to afford a home. According to the National Association of Realtors®, home prices … Read more
By skipping the perfect-home myth, first-time buyers can focus on budget, condition and location, and choose a home and neighborhood that truly fit how they live. FORT LAUDERDALE, Fla. — Question: My partner and I have been together for a few years and have been living in a rented house. It’s time for us to … Read more
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