Sellers may believe a real estate transaction is essentially complete once they accept a buyer’s offer. Unfortunately, obstacles can present themselves between the time of the accepted offer and the end of the closing meeting that result in significant delays or even termination of the deal.
Buying or selling a property is a complex and expensive process. Having a basic understanding of how the process will unfold can help ease some of the stress that comes along with a real estate transaction.
The panhandle of Florida is known for its pristine beaches and emerald coastline. Vacationers and property owners alike enjoy these beautiful beaches. Many pay a premium to stay at resorts along this coastline or own private property in the area.
Technological advances have made it much easier to buy and sell properties. Apps like Zillow provide information on available properties and interested parties can get in touch with each other using a simple email. As a result, buyers and sellers may consider completing a real estate transaction without the use of a real estate agent.
The term “title” in real estate generally refers to the ownership rights tied to the property.