Corporate America’s Takeover of Homes & Rental Properties

DAVIE, Fla. - May 20, 2013 - PRLog -- Contact
Scott Kleiman, Law Firm of Kalis & Kleiman
skleiman@kaliskleiman.com
(954) 791–0477
Kim Sailer, BARD Marketing/PR
ksailer@bardmarketing.com  

Corporate America’s Takeover of Homes & Rental Properties

Davie, FL – Florida continues to be the “foreclosure capital” of the U.S. According to the Center for Housing Policy, approximately 41 percent of 730,777 low- and moderate– income households across Palm Beach County, Broward County and Miami-Dade County are spending more than half of their income on housing. This has caused many former or wannabe homeowners to rent thus opening the door to Corporate America and property owners to take control of the rental market.

The rental market has some renters upset. Many renters are seeing considerable price increases in their lease agreements upon renewal and many other new renters are seeing sharp increases in monthly rental costs as landlords know these individual have no other options, especially with increased demand in rentals units and the slowed construction industry.

Another problem for renters is the increase in investment firms and Corporate America continuing to buy and rent foreclosed homes keeping them out of the hands of traditional home buyers. Their goal is to wait the market out until prices rise and then sell at a profit. This will make it harder for the traditional homeowner to purchase, as the home price may out of their price range or mortgage allowance. While some say investment firms help clean-up and improve neighborhoods and also keep HOA fees coming in, others will say that it brings unscrupulous neighbors and causes more damage than it helps.

Due to the complicated nature of South Florida real estate transactions and litigation matters, it is imperative that homeowners facing a landlord tenant or HOA dispute, sale or purchase of a home, a lien or even a foreclosure to seek sound legal advice and counsel. KALIS & KLEIMAN, P.A. is a recognized and experienced Real Estate (http://www.kaliskleiman.com/Real_Estate) , Foreclosure Defense and Commercial Litigation law (http://www.kaliskleiman.com/Commercial_Litigation) firm. Neal R. Kalis, M. Scott Kleiman and Olga Ruiz Baken pride themselves on not just being lawyers, but being lawyers and counselors. The firm’s personal attention to its clients’ needs and desired results produces a customized approach that this firm delivers to each case. They have more than 80 years of combined experience, and they have participated in thousands of transactions, settlements and trials. KALIS & KLEIMAN will help you through the entire process in order to help you reach an outcome that is the most beneficial to your future.

Whether you are a renter, owner, manager, builder, developer and investor, shopping complex, hotel, condo, townhouses, apartment complex, mixed use building, residential development or other, when a landlord and tenant dispute occurs it is extremely important to hire an experienced real estate and business attorney to protect your legal rights and investment.

The law firm of Kalis & Kleiman focuses on Commercial and Real Estate Law and Wills, Probate and Trusts. The firm was founded in 1996 and is headquartered in Davie, Florida, at 7320 Griffin Road, Suite 109. Attorneys, Neal Kalis, M. Scott Kleiman and Olga Ruiz Baken can be contacted at 954.791.0477. Additional information about the law Firm of Kalis & Kleiman may be obtained from the firm's website at http://www.kaliskleiman.com or on Facebook at facebook.com/KALISKLEIMAN.