Renting

An alternative to a traditional agreement between buyer and a seller is the rent-to-own contract. In a typical sale the buyer will present an offer. If accepted, the deposit, payment and settlement will result in new ownership of the property. Rent-to-own or Lease-to-own is a different process. In effect, this ... Read More...

Moving to a new home can be overwhelming for most people. The thought of packing and unpacking can cause anxiety in anyone. However, if you plan properly, the task can be less daunting, and maybe even enjoyable. Here are a few tips from Mikkie Mills in a recent article from ... Read More...

Inventory shortages are severely impacting the housing market, and will have the greatest effect upon renters. A recent multi-family report estimates that by 2030, 4 million new apartments will be needed to keep up with the demand. The National Apartment Association (NAA) along with the National Multifamily Housing council (NMHC) ... Read More...

Rising home prices and the possibility of an increase in mortgage rates could put a damper on home ownership. According to an article by Diana Olick for CNBN, Don’t Put Your Money in a House, Says a New Report, renting just might be a better option. Most people believed conventional wisdom ... Read More...

For the past several years, short term rentals through companies such as Airbnb have become a point of contention for some condominium owners and homeowners associations. Although many condominium associations prohibit short-term rentals, enforcing these regulations has become challenging as well as costly. A recent article in the Miami Herald ... Read More...

The May edition of Zumper’s National Rent Report is now available and shows another month of mixed data (Zumper National Rent Report: April 2017). There has been little change in the top tier markets which have continued trend trend of plateauing prices. Mid and lower level markets showed more volatility. ... Read More...

There are common complaints from owners, managers, and developers in new communities, high-rises, and resorts. “Vacant apartments are a challenge to rent. Units filled with worn or dated furnishings are a turn-off, too.” If the rooms in your online listings are in need of paint, new furnishings or updated decor, ... Read More...

We’ve all heard of cases where a prospective tenant or buyer of a condominium has been charged excessive move-in fees and has no recourse but to pay or have their application denied. Reports now show a tenant is suing a Miami condo association over its excessive application and move-in fees, ... Read More...

New York condo owners, co-op shareholders, and residents who list their homes on Airbnb need to be aware of the recent heightened restrictions recently imposed by the state legislature. On October 21, 2016 New York State cracked down even further on those who offer their homes on Airbnb, Home Away, and ... Read More...

The Miami rental market has been booming for the past few years. Higher than expected job growth combined with a growing population has produced favorable conditions for multi-family housing in South Florida. According to the Yardi Matrix 2016 Summer Market Report, job growth has been the driving force behind Miami’s resurgence ... Read More...