Hauseit Blog | Tips for Buying, Selling and Renting in NY and FL

Can a HoA or condo association foreclose on your home? What happens at closing if you have a lien? Sample lien payoff statements and more.

Can a HoA Put a Lien on Your House?

By Sonja Gosine, Spokesperson at Hauseit® / September 15, 2021

Yes, a HoA can put a lien on your house or condo if you are seriously delinquent on your monthly common charges or HoA fees. It's no different than how the IRS or your county can put a tax lien [...]

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Difficulties with financing in South Florida. How to verify common charges, property taxes. Why the offer process favors buyers & more.

Advice for a First Time Home Buyer in Miami

By Sonja Gosine, Spokesperson at Hauseit® / September 13, 2021

Being a first time home buyer in Miami may seem scary, but we'll show you in the following article why the process is actually much more standardized in South Florida vs in New York, and why the offer and contract

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Loan Fell Through Day Before Closing

By Sonja Gosine, Spokesperson at Hauseit® / September 8, 2021

If your loan fell through the day before closing, then you're in a really tough situation where you may very well lose your contract deposit if you absolutely need financing to be able to close. If however you're able to

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Special Risks to Buying a New Construction Home in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 7, 2021

There are many risks to buying a new construction home in NYC besides being expected to pay transfer taxes and attorney fees on behalf of the sponsor. We'll talk about risks unique to buying new development units from sponsor control

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What's the norm in New York where sales contracts are customized? How about states with standard Realtor purchase contracts like Florida?

How Long Can You Delay Closing on a House?

By Sonja Gosine, Spokesperson at Hauseit® / September 3, 2021

How long you can delay a closing on a house or apartment depends on the language of your specific purchase contract. In New York, it's fairly standard for contracts to allow either party 30 days leeway on the closing date.

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Miami Neighborhood Guide

By Sonja Gosine, Spokesperson at Hauseit® / August 26, 2021

Miami is blessed with a variety of different, appealing neighborhoods to choose from, unlike New York City where everyone wants to live in a few neighborhoods like the West Village, Meatpacking District or the Lower East Side. In this Miami

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What is a typical mortgage lock period? When should you rate lock? Rate lock fees, rate lock expiration, sample rate lock agreement & more.

What Is a Rate Lock Agreement?

By Sonja Gosine, Spokesperson at Hauseit® / August 24, 2021

A rate lock agreement is sent to prospective borrowers after they've confirmed with their lender that they wish to lock in a quoted interest rate on the mortgage for a certain period of time. While not required as it's perfectly

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Luxury inventory being soaked up despite travel restrictions excluding international buyers from the market. What's going on with the market?

Miami Real Estate Market Predictions 2021

By Sonja Gosine, Spokesperson at Hauseit® / August 19, 2021

The Miami real estate market has continued to move from strength to strength throughout 2020 and 2021, and shows no sense of abating especially as the latest wave of blue state restrictions, mask and vaccine mandates prompt an even greater

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How to Counter Offer After a Home Inspection

By Sonja Gosine, Spokesperson at Hauseit® / July 28, 2021

In most states that use a standardized purchase contract like Florida, the home inspection is done after the contract is signed and before the expiration of the inspection period, typically 10 or 15 days. If the buyer decides to back

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Buyer Asking Realtor to Reduce Commission

By Sonja Gosine, Spokesperson at Hauseit® / July 19, 2021

As a buyer, is asking a Realtor to reduce commission a good idea? Most buyers seem to think that they can get a better deal by forgoing buyer agent representation. After all, if there's one less agent, there must be

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