This is an unprecedented time in our country and in the world. The coronavirus (COVID-19) has shut down large swathes of the economy, with its most direct impact being felt on places where people congregate and socialize. Restaurants and bars are especially feeling the heat, as Americans do their part […]
On Monday, March 30, Broward County issued Executive Order 20-04 (effective Tuesday, March 31) to clarify the types of real estate sales and real property title services that are allowed to occur in-person as opposed to remotely or electronically. Per Executive Order 20-04, in-person appraisals, inspections, surveys, or other in person […]
We understand the global pandemic is affecting lenders in myriad ways, including both in their own businesses as well as their borrowers. Over the past several weeks, we have received countless inquiries from clients regarding the impact COVID-19 has had on their outstanding loans and borrowers. As such, we thought […]
As most of us have adjusted to the new reality brought on by the coronavirus (COVID-19), developers and lenders are forced to look at the resulting economic shut down on ongoing real estate projects. When this virus first started making the news late last year, few people anticipated that it […]
The Florida Association of Realtors (FAR) has recently come out with a new extension Addendum for COVID-19. Below is a summary of the Addendum and how it can be used when amending the “As Is” Residential Contract. Any questions please feel free to contact us. 1. This is an Addendum […]
