The Mortgage Application Process Buying a home is an overwhelming process. Finding the just right house can bring a feeling of excitement as you imagine raising a family and living your life in your potential forever home. That enthusiasm can quickly turn to anxiety while contemplating and navigating the mortgage process. Knowing the steps can […]
Open Houses An open house takes careful planning. The stage must be set, the agent must be available with the correct marketing materials and a positive attitude. By writing an online invitation and placing inviting signage on the property, you can narrow the audience to neighbors only or broaden it to include all potential homebuyers. […]
What is Closing? A Closing (also referred to as settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred from the seller to the […]
What Florida National Title Does For You Real estate transactions go hand and hand with title agencies. Title companies do not often get the credit they deserve which is unfortunate since they are an essential and very important component of each and every real estate transaction. Without them, it would be difficult to become a […]
Title Insurance Title Insurance works like no other insurance. Medical and auto insurance require ongoing monthly payments protecting you from future health issues or auto accidents. Title insurance, on the other hand, protects you from any undiscovered past events which may cause a defect to your title or jeopardize your ownership of a property. The title insurance premium is […]
Filing Chapter 13 Bankruptcy When life deals you a bad deck of cards, you cannot win. Your bills pile up and you face financial hardship, making your monthly mortgage payments may seem impossible. You may not know where to turn or what to do to recover financially. Filing for bankruptcy may seem like a painful […]
What is Probate? Probate is the process by which the court supervises the marshaling of assets of a deceased person, the payment of the decedent’s just debts and funeral expenses, and the distribution of the decedent’s property to the beneficiaries. Importantly, the probate court oversees the transfer of the decedent’s real property, often requiring a court […]
Clear Titles Florida National Title will conduct a thorough search on the title of the property you are purchasing and ensure there are no hidden defects. Prior to the closing, we will retrieve records on the property to be sure the title is clear of any liens, judgments or encumbrances which affect the marketability of your title…
Pros and Cons of Purchasing a Foreclosure The primary reason to consider purchasing a foreclosure is to get get a great deal. Homebuyers (or investors) may be able to get a great deal on a foreclosure since the winning bid is usually less than market value. But is it really a good idea?
In last month’s blog, we explained what title insurance is. In this month’s blog, we explain why title insurance is so important. What is Title Insurance? Owners’ Title insurance is a form of insurance which ensures the property owner against financial loss from defects in title to real property.