Purchasing a home entails a long process that begins with the selection of the home or property and ends in the moment the key and deed to the property exchange hands. This process can bring along a lot of headaches, sometimes causing a lot of stress in an experience that should be a joyous one. That’s why it’s so important to have a settlement …

Buying a home requires a lot of time and energy, not only on the part of the buyer, but on the part of the seller as well. There is a lot that goes in to making sure a property is ready to be legally sold. These details can be overwhelming, and if you have never bought a home before, the details can be confusing and stressful. One of the most im…

Closing on a home is the last step of the long, complex process of buying a home. There are a number of professionals in the real estate business that can help you every step of the way, but not all of those professionals can handle every aspect of purchasing a home. If you are in the process of buying a home or you have already been through the…

Buying a home is an exciting and sometimes-lengthy process. When the time finally comes to close on your new home, the last thing you want to do is have to wait for office hours and weekends. That’s why it’s important to find a closing company that cares about facilitating your closing when you’re finally ready, even if your closing has to be af…

A title insurance company is a company that provides title insurance for home buyers and for lenders. This is an important part of purchasing a home. There are two types of title insurance provided. You can get a lender’s policy or an owner’s (buyer) policy. The owner’s policy is not required in most cases, but if you plan to secure a loan from …

What is a 1031 tax-deferred exchange. This is a term you may hear if you are starting to deal with real estate transactions. In simple terms, a 1031 tax-deferred exchange is a means by which one investment property may be sold (exchanged) for another and the resulting taxes can be deferred. How does this benefit the seller and what are the speci…

The term escrow is one you will hear frequently when you are buying a new home. The escrow account is where all of the documents and monies associated with the sale of the property are kept until closing. The escrow account is in place until the closing process, and after closing, the escrow account is kept in place to hold the money necessary t…

Buying a new home can be stressful. There’s much more to it than simply finding a house and exchanging money with the seller. The process can be long and drawn out, and without the help of professionals, new home buyers can run into all kinds of problems. In fact, there are even escrow companies that can’t be trusted. These companies themselves …

What is title and escrow. You’ve no doubt heard the phrase numerous times if you have dealt with anything having to do with real estate, including buying a new home. While title and escrow are very often used in the same sentence, there is a difference between title and escrow. Another word you might hear is deed, which is different than even a …

There is a lot of paperwork and transactions involved with buying a property, and one of them is a property survey. In Florida, buyers are required to have a property survey done when purchasing a house or townhouse, and all lending institutions will require one whenever a loan application is submitted. That is why, as a premier settlement servi…