The closing process to a real estate transaction is more than just that final meeting where the buyer signs paperwork and gets the keys. It can take weeks or months and begins when the buyer makes the initial offer. The basic timeline generally unfolds as follows:...
Refinancing is a serious decision, and one that is generally not free. In most cases, those who refinance their mortgage will need to pay closing costs that range from 2% to 5%. Even with this in mind, there are times refinancing still makes good financial sense....
In the legal world, a title search is defined as the examination of official county records to determine an owner’s rights to real estate property. The goal is to check for any defects that could hinder the transfer of property rights. Common examples can include:...
It can be difficult to know when it is time to make the transition from a home into a condominium. Those who are in the process of considering this move should discuss these five considerations to help guide their decision. #1: Maintenance, maintenance, maintenance...
Buying a second property is a big step. Although it is never possible to know with certainty that the risk will lead to reward, two situations that increase the odds of success include the following. #1: The property is in line with future goals It is important to...
Although buying property remains one of the biggest transactions most make in their lifetime, the process is arguably easier than ever before. Technological advances have provided access to information to help prospective buyers complete due diligence prior to moving...
Those who are coming out of the aftermath of Hurricane Ian only to find that their home has suffered significant damage or is totaled as a result of the storm may wonder what options are available to help them through this difficult time. There are generally two paths...
The term snowbird is popular for a reason. The appeal of a home near family and an escape to warmth in the cooler winter months draws many to the sunny shores of Florida every year. Estimates from 2018 find that homeowners used at least 7.5 million properties in the...
The financially savvy know the power of diversification. It is important to make sure your portfolio has more than just stocks and bonds. Another important part is often real estate. Owning real estate can extend beyond the traditional primary home or vacation...
It finally happened. You found your dream home and the seller accepted your offer. Everything is moving forward. You hired an inspector to look over the property and make sure there are no concerns. You even have ideas for where furniture will go and how you will use...
