A strategic short sale happens when a homeowner voluntarily sells their home for less than the mortgage owed to avoid foreclosure. This option can help homeowners escape the financial and legal burdens of foreclosure. However, it's important to understand how a short...
Real Estate
Does title insurance protect against zoning and boundary issues?
Title insurance is a crucial safeguard for property owners. It offers protection against various potential issues, including zoning law violations and boundary disputes. Understanding how title insurance works can help you appreciate its value in securing your real...
Potential zoning issues to understand before buying your home
When purchasing a home in Florida, it’s crucial to be aware of zoning laws that govern land use and construction in different areas. Understanding these rules can help you avoid costly mistakes and ensure that the property meets your needs. Residential zoning...
Reasons your home closing may be delayed
Purchasing a home is an exciting milestone. Unfortunately, the closing process can sometimes hit a snag, causing delays that might frustrate both buyers and sellers. Understanding the potential reasons for these holdups can help you navigate the process more...
Steps in the foreclosure process
Homeowners facing financial hardships may find themselves facing foreclosure. Understanding this process is important to minimize its impacts and possibly avoid losing a home. Having a clear understanding of the steps involved can help individuals navigate the process...
The role of real estate title insurance
Real estate transactions involve a complex web of legalities and potential pitfalls. Therefore, buyers and sellers need to find ways to protect their investments. One key element in this safeguarding process is real estate title insurance. Securing property ownership...
Foreclosures are on the rise
In recent times, a notable surge in foreclosures has created a troubled trend for the housing market. This concerning development is raising questions about the reasons behind this increase and its impact on homeowners and the housing market. Economic uncertainty One...
3 common types of deeds
When it comes to buying or selling real estate, understanding the different types of deeds is important. Deeds serve as legal documents that transfer ownership of a property from one party to another. Several common types of deeds accomplish this transfer, each with...
What is the difference between a short sale and a foreclosure?
You might have heard terms like "short sale" and "foreclosure," especially when discussing the real estate market. Both these terms revolve around homeowners facing difficulties in keeping up with their mortgage payments. Yet, while they might sound somewhat similar,...
Common real estate title issues
If you have never purchased a piece of property, a home or other real estate, you probably wonder about the purpose of title insurance. Like humans, you will find that any property you look at has a history, from ownership to upgrades. Although title insurance has...