Beware FIRPTA: Buying and Selling Florida Real Estate by Non-Residents

Florida law does not impose restrictions on the purchase of real estate by foreign investors. Foreign investors may take title to Florida real estate in their individual names or in an entity (LLC or corporation).  The challenge for foreign investors arises when the investor decides to sell the property. The Foreign Investment in Real Property …

Mortgage rates for 30-year fixed U.S. loans decline to record low as report predicts 8.8 percent home-price growth for South Florida

FOR IMMEDIATE RELEASE Mortgage rates for 30-year fixed U.S. loans decline to record low as report predicts 8.8 percent home-price growth for South Florida ‘Florida markets are expected to extend their impressive 2011 performances into 2012’- Clear Capital, national real estate research company “The news in early 2012 is positive. The trends are heading in …

Foreign Real Estate Investment in South Florida Booming; Positive Trend Expected to Continue Through 2012

“We’re seeing huge foreign investment in Miami-Dade and Broward counties. I fully expect this trend to continue and move northward into Palm Beach County.” – Attorney Marlyn Wiener BOCA RATON, Fla. (December 27, 2011) – Foreign investors are flocking to South Florida to buy real estate and businesses, and the trend is expected to continue …