Owner’s death may complicate but not stop home sale
A property owner’s death does not necessarily end a pending sale, but determining who has authority to proceed can be complicated. Agents should not try to sort out heirs or signing authority themselves and should encourage the appropriate parties to get a probate attorney involved immediately.
Florida luxury home sales post strong July gains
Million-dollar home sales climbed sharply across Florida in July, with condo and townhouse sales up more than 31% and single-family sales up more than 27%.
Mortgage preapproval isn’t the same as affordability
Buyers should weigh debt, savings, taxes, insurance and other costs when deciding how much home they can comfortably afford.
Florida buyers move ahead without waiting on mortgage rates
Florida home sales and pending sales continued to rise in July, suggesting buyers are moving forward even as the mortgage-rate advantage they had earlier this year fades.