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Title insurance protects your ownership rights and covers potential litigation costs, so escrow agents always recommend getting an insurance policy during a real estate transaction.
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The escrow process begins once the seller accepts a buyer's offer, followed by the opening of an escrow account. Learn about the steps that take the process to a successful closing and the costs involved.
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A real estate transaction involves multiple steps before everything's ready for closing. There's really no way to speedrun through the process if you want to avoid legal conflicts or a sudden claim on your property.
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Title insurance policies are an important part of any real estate transaction. They keep new owners from taking the burn of unresolved ownership disputes, old debts, and other issues that could limit their rights over the property.
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Escrow and closing are intrinsic parts of a real estate transaction, with escrow agents managing the most grueling steps. Both concepts go hand in hand in the sense that they ensure a smooth process and a successful purchase.
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Property liens are on public record, making the information accessible for potential buyers in a real estate transaction. Still, dealing with a lien can be harder than it seems, and a missed step can cost you your peace of mind later on.
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The Florida homestead exemption is an important asset to protect new homeowners from creditors and increased tax rates. Those who qualify for this exemption can save thousands of dollars and preserve their home's assessed value.
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Title transfer fees are among the closing costs of a real estate transaction. The amount is determined by several factors, like the sale prices and documents evaluated during a title search.
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Buyers and sellers seek the assistance of title companies every year, specifically to provide specialized assessment and to serve as a neutral third party during the closing.
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Refinancing entails changing some aspects of the current mortgage, like the monthly rates or payment schedule. Learn how long it takes to refinance a house in Florida so you can start planning ahead.
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