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SOUTH FLORIDA REAL ESTATE MORTGAGE LAWYERS

With the South Florida market experiencing a boom in sales and values, there is more great news to assist qualified buyers with their real estate purchases.  Starting January 2018, FHFA has increased the conforming loan limits for Fannie Mae and Freddie Mac conventional loans.  This means that the limits to purchase, prior to  the mortgage being considered a jumbo loan, are higher.

Starting on January 1, 2018, the loan limits for conventional loans has increased from $424,100 to $453,100.

With house prices on the rise, this is great news for buyers looking to finance their purchases.

Real Estate Buyers now have more purchase power under conventional funding.  And current or prior qualified jumbo pre-approved buyers and borrowers may qualify for traditional financing now, possibly at a lower interest rate and a lower down payment.  This equates in more opportunities to close on those real estate deals for realtors and sellers alike.

Don’t go it alone.  Always hire the services of a qualified real estate attorney owned title company to assist you in your real estate purchase and to help navigate all the confusing mortgage terms and conditions.

Whether you are buying real estate and require a mortgage or buying cash, before you sign the contract, reach out to us. We are here to help.  We offer a free legal consultation regarding your real estate contract, purchase or sale.

With over 18 years experience practicing real estate law, and holding dual licenses of both lawyer, realtor and accountant,  allow attorney Jacqueline A. Salcines to guide you.

We are a full service title company and handle closings from beginning to end.

Practice Areas

Real Estate Closings
Title Insurance
Lien Searches
Inspection report review and negotiations
Contract Law and review of Real Estate Contracts
Escrow law
Real Estate Litigation
Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.
The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines  has been handling all types of real estate transactions for over 17 years.

Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

Jacqueline A. SalcinesJACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

FLORIDA REAL ESTATE ATTORNEYS

Hands - Holding HouseFlorida homeowners facing foreclosures may be able to obtain a 90 day reprieve or stalling on their case due to Hurricane Irma. Florida and Puerto Rico residents in disaster designated areas can obtain what is called or referred to as a “moratorium” on their foreclosure and forbearance on foreclosure proceedings.  However, the 90 day moratorium does not apply to ALL loans or ALL counties.  Certain restrictions for the government assistance apply for example, to FHA insured home mortgages.

Moreover, the county must be designated as eligible  As of the writing of this article, the following counties were eligible: Alachua, Baker, Bradford, Brevard, Broward, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Duval, Flagler, Gilchrist, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Levy, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Suwannee, Union, Volusia.

If you have a pending foreclosure, foreclosure sale or foreclosure trial, you may be eligible to hire us to file a Motion to have the moratorium stop your case for the 90 days in order for you to recover.

Call us today.

Florida residents may also call their  recovery assistance representatives to see if they are eligible.  This information can be found by visiting  http://www.hud.gov and http://espanol.hud.gov.

Also, Florida has two HUD Field Offices:

Jacksonville Office
Charles E. Bennett Federal Building
400 W. Bay Street, Suite 1015
Jacksonville, FL 32202
Phone: (904) 232-2627
Fax: (904) 232-3759
Office Hours: 8:00 a.m. to 4:30 p.m. Monday through Friday

Miami Office
Brickell Plaza Federal Building
909 SE First Avenue,
Room 500
Miami, FL 33131-3028
Phone: (305)536-4456
Fax: (305) 536-5765
TTY: (305) 536-4743
Office Hours: 8:00 a.m. to 4:30 p.m. Monday through Friday

 

Call us today for a free no obligation consultation.

Law Offices of Jacqueline Salcines, PA

706 S. Dixie Highway

Second FL

Coral Gables, Florida 33146

Tel.  305  669  5280

Email: J.Salcines@Salcineslaw.com

SOUTH FLORIDA REAL ESTATE LAWYERS

ESCROW DEPOSITS HELD IN TRUST

Are you purchasing real estate in Florida?  Selling real estate in Florida? Are you about to enter into a real estate contract and relying on your realtor to hold your escrow deposit? Cases of escrow deposit comingling or fraud are on the rise.  Escrow agents in Florida hold a fiduciary duty to the buyer or seller to hold escrow deposits on real estate contracts in a special account, not comingled with personal funds, until the conclusion of the real estate transaction.  In my firm, when I represent sellers, I always have the escrow deposit held in my firm’s trust account, to guarantee that the escrow deposits are in fact made, are held during the pendency of the real estate closing, and disbursed correctly at the time of closing. 

As a buyer, you want to make sure your escrow deposit is safe and not in the hands of someone that could use the funds and commit theft or fraud.

Whether you are about to sign a contract and need an Escrow Agent or require the services of a competent, real estate attorney,  allow the Real Estate Law Firm of Jacqueline A. Salcines to guide you.

We are a full service title company and handle closings from beginning to end, including the safekeeping of your escrow deposit.

Practice Areas

  • Real Estate Closings
  • Title Insurance
  • Escrow Agent
  • Contract Law
  • Real Estate Litigation
  • Short Sales
  • Debt Settlements
  • Negotiations

Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.

The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines  has been handling all types of real estate problems for 17 years. If you have an issue with a contract, title insurance, tax deeds, quiet title or any real estate issue, contact our probate and real estate attorney!

 Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com

SOUTH FLORIDA REAL ESTATE LAWYER

TITLE SERVICES – TITLE COMPANY

Buyers and seller alike should always hire an attorney to represent them and their interests for a real estate closing and real estate transaction. Whether you are buying in Miami Dade County and require the title company to represent you, examine the property title, and prepare a title commitment, or you are a seller of real estate and require not only contract review and revisions, but assistance with document preparation, you must always hire an attorney.

While many states only allow real estate attorneys  to conduct real estate closings, Florida is not one of them. Therefore, many sellers opt to use the title company selected by the buyer in order to represent them. However, that opposing party title company does not represent you. They will charge a fee for document preparation, or settlement services, but at the end of the day, if there is an issue, you are on  your own.

Seller services can include contract preparation, contract review, addendums, inspections negotiations for credits, and a host of different documents required whether the seller is a trust, or a company. There are also issues relating to death of the title holder or liens on the property. 

As a buyer,  the title company will also help with contract preparation or review, run title, run lien searches and prepare closing statements.

While no two real estate transactions are ever alike, no matter whether you are on the seller side or the buyer side, do not go it alone.

At the Law Offices of Jacqueline A. Salcines, P.A. we have been assisting foreigners, both buyers and sellers, with their real estate needs since 1999.  We are a full service title company and extremely knowledgeable in FIRPTA rules and regulations.

Whether you are buying, selling or refinancing, we will handle all of the details and represent you from contract to closing.

Practice Areas

  • Real Estate Closings
  • Title Insurance
  • Contract Law
  • Real Estate Litigation
  • Short Sales
  • Debt Settlements
  • Negotiations

Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.

The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines  has been handling all types of real estate problems for 17 years. If you have an issue with a contract, title insurance, tax deeds, quiet title or any real estate issue, contact our probate and real estate attorney!

 Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com

SOUTH FLORIDA REAL ESTATE LAWYERS

FIRPTA law, which stands for the Foreign Investment Real Property Tax Act, recently changed last year, increasing the withholding from 10% to 15%.  Many foreign sellers who enter into Residential real estate contracts, are not aware of this FIRPTA withholding requirement.  Foreign sellers believe that because they don’t pay federal income taxes in the United States, then they are immune from declaring any profits on real estate sales transactions or filing tax returns. This is false.

Any seller of real estate is required to disclose the sale to the Internal Revenue Service and if a foreigner, then 15% of the gross sales price will be withheld at the time of closing and remitted to the Internal Revenue Service.

Additional forms are then required to be filled out and sent to the IRS and eventually a tax return which if the amount of tax on the sale is less, the FIRPTA withholding difference is then refunded.

There are numerous exemptions to FIRPTA withholding requirements, for example if the sales prices is less then $300,000.00, if the buyer is going to live in the property, and countless others.

However many title companies and even attorneys are not familiar with exemptions and retain the funds regardless.

At the Law Jacqueline A. Salcines, PA., we have over 17 years experience assisting buyers of real estate and sellers, with their real estate needs.  Attorney Jacqueline Salcines is not only a real estate attorney but also an accountant and able to provide advice regarding FIRPTA and other tax issues. Practice Areas

  • Real Estate Closings
  • Title Insurance
  • Contract Law
  • Real Estate Litigation
  • FIRPTA considerations
  • Short Sales
  • Debt Settlements
  • Negotiations

When you have legal concerns related to  FIRPTA issues  the Law Offices of Jacqueline A. Salcines is here to help. Our real estate attorney has been serving the community for 17 years. We work hard to ensure personalized legal representation by carefully attending to each individual matter.

Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.

The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines  has been handling all types of real estate problems for 17 years. If you have an issue with a contract, title insurance, tax deeds, quiet title or any real estate issue, contact our probate and real estate attorney!

 Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com

SOUTH FLORIDA REAL ESTATE LAWYERS

Jacqueline A. Salcines, PA. a Real Estate Law Firm guides you through your real estate transactions with ease.  Be represented by a skilled real estate closing attorney who will protect your interest throughout the transaction. We have offices in Coral Gables Miami, Florida

When it comes to title insurance and closing services, we are your real estate attorney.  We make sure that your interests are protected. Whether you are buying, selling or refinancing, we will handle all of the details and represent you from contract to closing.

Practice Areas

  • Real Estate Closings
  • Title Insurance
  • Contract Law
  • Real Estate Litigation
  • Short Sales
  • Debt Settlements
  • Negotiations

When you have legal concerns related to  real estate or probate, the Law Offices of Jacqueline A. Salcines is here to help. Our real estate attorney has been serving the community for 17 years. We work hard to ensure personalized legal representation by carefully attending to each individual matter.

Contact the Law Offices of Jacqueline A. Salcines, PA today at (305) 669-5280 to schedule your legal consultation.

The Law Offices of Jacqueline Salcines offers cost effective services designed to meet your individual needs and requirements. For strong legal representation, call us at (305) 669-5280 today! Attorney Jacqueline Salcines  has been handling all types of real estate problems for 17 years. If you have an issue with a contract, title insurance, tax deeds, quiet title or any real estate issue, contact our probate and real estate attorney!

 Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com

SOUTH FLORIDA REAL ESTATE LAWYER

Man is handing a house key to a womanServing clients with Residential, Commercial, and Investment Real Estate Transactions

If you are among the many individuals who has considered acquiring additional commercial or residential properties either to expand your business or generate additional revenue, it is important to understand what goes into this process thoroughly. Real estate acquisitions have several legal procedures that must be followed through carefully, and can require an attorney to ensure that you and the party you are purchasing from both benefit.

Real Estate Transaction Services

  • Purchase and Sale Contract Negotiation and Review
  • Real Estate Closings
  • Commercial Real Estate Acquisition, Development
  • Real Estate Litigation
  • Foreign Investor Services
  • Distressed Property Acquisition and Sales
  • Title Search and Issue Resolution
  • Short Sales

The risks of not having an experienced Real Estate Attorney at your side

There are some individuals who feel that an acquisition, or the obtaining (purchasing) of another property, can be done without attorneys, and while there is no mandate that requires one, these individuals often overlook certain legalities that can cost them greatly. With an experienced real estate attorney you can be sure that these processes are completed as quickly and smoothly as possible.

Government Oversight and Regulations in Real Estate Transactions

Because there are several government agencies that monitor acquisitions, it is in the best interest of any party involved in an acquisition of a property or company, to obtain the services of an experienced attorney. You need to know that there is someone who wants to help look out for your best interests and protect you from making a costly mistake.

Contact us today and allow our knowledge and experience to go to work for you. The first consultation is always free of charge.

About the Author:

Jacqueline A. Salcines, Esq is the Owner and Managing Partner of the Law Offices of Jacqueline A. Salcines, P.A. Real Estate and Business Law Group. With over 17 years experience as a real estate lawyer, including holding a dual degree in Accounting, her broad knowledge of real estate law serves to aggressively protect and defend our firm’s clients.

Call us today to set up an appointment to discuss your specific needs. We are here for you!

Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com