Before You Buy a Florida Condo, Make Sure the Building Can Be Financed
New Fannie Mae and Freddie Mac project-review rules can affect a buyer even when the buyer has excellent credit and a mortgage preapproval.
A mortgage preapproval does not guarantee that a Florida condominium unit can be financed. The buyer may qualify while the condominium project does not.
Buying Vacant Land in Florida: What Buyers and Developers Need to Know
Florida has more vacant lots listed for sale than any other state—but purchasing land and successfully developing it are two very different things.
According to a recent Florida Trend report on Florida’s vacant-land inventory, Florida had 42,601 vacant lots listed for sale, followed by Texas with 40,907. Nationwide,...