We tend to think about property as things that are owned by people, but the law regards property as a set of rights people have over things. If you have the deed to a piece of real estate, it shows you have title to that property, meaning that you have all the rights...
Title issues that can prevent real property transactions
When a Floridian buys a new home, the title to the property is transferred to them, if they pay the price in full, or to their lender. A property’s title provides important information about it and the scope of land that the holder of the title owns. Unfortunately,...
Real estate sales and refinancing are growing in areas of Florida
Businesses in Florida and across the nation have been impacted by the current health situation. Financial concerns, downsizing and weighing options has been ongoing for much of 2020. Still, it is important to be aware of real estate trends and to take advantage of...
How important are home inspections before a purchase?
As you prepare to move, you may ask yourself if a home inspection for your new place of living is really necessary. However, unexpected and costly issues may occur if you choose to forgo this process. Issues and fixes According to FindLaw, professionals look for a...
What do you know about these common home refinancing mistakes?
You have owned your Florida home for several years. In that time, your salary increased along with your credit score. Now is a great time to consider refinancing your residential property. Refinancing is not without its pitfalls. Educate yourself on where you may...
How to know if you are financially ready to buy a home
For a few years now, you have been itching to buy your first home. Rental life is beginning to wear on you because you feel like you're throwing money down the drain. Also, most rentals don't allow you to customize your home to your specific liking. Homeownership...
What is a short sale?
There are many ways to sell your home. Some deals will go better than others. You may not get a choice about how you sell your home. A good example of this type of situation is if you need to sell fast and must do a short sale. The Street explains a short sale is when...
What are the disclosure rules about lead-based paint?
If you are selling a home or renting a property, then it is essential to understand disclosure laws. These laws require that you tell buyers about certain things about the property. Most often these are things that could impact their health, which is why you must...
What homeowners need to know about real estate refinancing
Refinancing a property is essentially the process of working with a lender to acquire a new mortgage. Homeowners who have paid off their mortgage for an extended period are more likely to refinance once they’ve built up equity on their property. They may want to...
Transferring real estate in your trust
Real estate plays an outsize role in estate planning. Aside from savings and investments, your home is likely your largest asset. And if you own other properties, they may form the bulk of the assets you pass on. But transferring property involves more than deeds and...
