Real Estate and COVID: Safe Closing Amid the Coronavirus Pandemic

Many people have postponed moves or new home purchases due to the pandemic. With most people trying to stay at home and avoid travel, buying a home or moving within COVID guidelines for the area could be very difficult. Still, some home buyers may have plans in motion that cannot be postponed for long. 

If you are going to be buying a home before the pandemic is truly under control, you’ll need to take some precautions to keep you and others safe. Some of these guidelines are based on local requirements, while others are based on the CDC guidance.

Mask wearing is important and mandatory in Tampa.

Hillsborough County, which encompasses Southern Tampa, has a mask order in place. You must wear a mask if you will be within six feet of others. Since paperwork is passed from person to person during most closings, it is not possible to social distance, and masks are required. Masks have been proven to slow the spread of COVID-19. Read more

Does Your Potential New Home Have a Clear Title?

When you buy a used car, it is very clear if there is a lien on the property. The lienholder’s name and contact information will be on the title, along with the owner’s information. But when you buy a home, you don’t have that transparency. Deeds or real estate titles do not list lienholders on the title.

You should never just take someone’s word for it that a title has no defects. Even real estate agents can be unscrupulous. So how do you know you have a clear title, and why it is important? Read on to find out.

Common Title Defects

A real estate deed may have any one of several title defects. A title defect is an issue with the title that makes it unlawful for the property to change hands. Some of the most common defects include: Read more

How to Prevent Real Estate Fraud

Real estate fraud is very real, especially in today’s world where everyone is trying to do everything online. With more and more people wanting to do contactless showings and closings, it is way too easy for people to take advantage of the situation and scam you out of your hard earned money. Here is what to look for and how to prevent real estate fraud.

Types of Real Estate Fraud

There are different forms of real estate fraud. The most common in today’s society is real estate fraud involving homes for sale. Scammers find property listed for sale or make up their own details around a picture found online, then try to hook in a potential “buyer.” Read more

Signs of Real Estate Wire Fraud and How to Avoid It

It has become quite common for people to find homes to purchase from different websites on the internet. The problem with doing this is that you can easily fall prey to wire fraud scams that will waste your time and could cost you hundreds or thousands of dollars. 

Especially with everyone trying to practice social distancing, most business is being held online; and, unfortunately, you cannot trust anyone online. They may not be who they say they are, and some people can sound very convincing. Here are some signs of real estate wire fraud and how to avoid it. Read more

About America’s Affordable Housing Crisis

There is a definite housing crisis in America. Almost 32,000 people are homeless in the state of Florida alone. About 35 percent of homes or housing units are occupied by renters. And in a national poll, about two-thirds of renters say they couldn’t afford to buy a home if they wanted to.

But what exactly is affordable housing? According to the federal government, affordable housing costs no more than 30 percent of the household’s income. Unfortunately, the vast majority of renters spend a much larger portion of their income on housing. Read more

When Is the Best Time to Sell a House

Most sellers are families looking to move to a different home. That requires some planning, and you want to make sure that your home sells as quickly as possible when you decide to list it. When making the decision of when to plan your move, take into consideration the best time to sell a house.

The average time it takes to sell a house is 65 to 93 days, depending on the time of year. That includes about 45 days, on average, for closing. Unless you are getting a cash offer, closing will take an average of 45 days no matter when you sell your home. Keep that in mind when deciding when to put your house up for sale. Read more

What Is a Cash Offer, and Is It Worth It?

A cash offer occurs when a buyer approaches a seller with an offer that will be paid in cash rather than through a mortgage lender. Cash offers happen much more often than you might think. In 2018, over a quarter of offers made on properties were cash offers. 

A cash offer might look attractive to both buyers and sellers, but there are some upsides and downsides to cash offers. Here’s what you need to know to decide if a cash offer is right for you.

Cash Offers for Sellers

There really aren’t too many downsides to taking a cash offer from a buyer. You’re getting the money up front without a lender, which means you have instant liquid assets you can use to buy another home or purchase other investments. You also don’t have to worry about complications with a lender, either during closing or during payout. Read more

How Long Does It Take to Sell a House?

It makes sense that once you decide to sell your home, you’re in a hurry to get it gone. After all, you are probably waiting for it to sell so that you can move to a new home. If that’s the case, it’s natural to wonder how long it takes to sell a house. The fact is that there is no set time that it takes, and there are a lot of factors involved.

Average Time to Sell a Home in Florida

The annual average amount of time that it takes to sell a home in Florida is about 90 days. This allows for 55 days to find a buyer and 35 days for closing. This is a bit slower than the national average. Nationally, it takes an average of 68 days to find a buyer and close on a property. Remember that these are just averages, and there are a lot of things that can affect how long it takes. Read more

Tips for Moving in 2020

When you are working on buying or selling a home, or both, the last thing on your mind is the actual moving day. There are so many details to work out, items to check off the list, and things to do that the actual day of moving can sneak up on you, but it is important to make sure that you are prepared in advance for moving day so that everything runs smoothly when that day arrives. Here are some tips for moving in 2020.

Compare Movers

You should definitely hire a mover in this day and age. Professional movers really don’t cost that much comparatively. If you move yourself, you’ll have to hire a U-Haul or similar truck service, which can run you hundreds of dollars depending on how far you are moving. Even just a 300 mile move can come with exorbitant truck fees. Then, you figure in the cost of your time off work so that you can pack and move, and suddenly hiring a mover doesn’t sound so expensive. Read more

Staging Your Home for a Holiday Sale

They say that it is harder to sell a home during the winter months, but it isn’t impossible. Sometimes the holidays are the best time to try to sell your home. Whatever time of year you put your home on the market, you want to stage it for a quick sale. During the holidays, you have even more opportunity to stage your home and make it look like a welcoming, warm place to live.

Christmas Tree

It is a good idea to go ahead and put up a Christmas tree that is well lit and fully decorated. It should be placed prominently in your home, without making the space look cluttered. The Christmas tree and other indoor decorations will allow potential buyers to imagine what holidays will be like if they buy the home. Read more