Posted by Kim G. Bosshardt | Jun 24, 2024 |
Deeds are vital legal documents in Florida real estate, transferring property ownership and ensuring clear title and protection for buyers. Common types include General Warranty Deeds, which offer the highest protection, Special Warranty Deeds with limited warranties, Quitclaim Deeds that transfer interest without warranties, and Life Estate Deeds used in estate planning. Understanding the appropriate deed type and consulting a real estate attorney ensures a secure and smooth property transaction.
Posted by Kim G. Bosshardt | Jul 27, 2023 |
Title insurance is a crucial component of any real estate transaction, protecting buyers and lenders from potential ownership disputes and legal issues. However, many people are unsure about the duration of this essential coverage. How long does title insurance actually last? Is it a one-time inv...
Posted by Kim G. Bosshardt | Jul 14, 2023 |
Navigating the world of real estate transactions is like walking through no man's land. With so many potential hazards lurking in the shadows, it's no wonder why title insurance has become such an attractive solution for buyers and sellers alike.
But who does this type of insurance really benefit...
Posted by Kim G. Bosshardt | Jul 12, 2023 |
Buying a new home can be exciting and nerve-wracking all at once.
As you navigate the many steps involved in the home-buying process, from finding the perfect property to securing a mortgage loan, there is one critical step that you don't want to overlook: title insurance.
Title insurance is a po...
Posted by Kim G. Bosshardt | Jul 10, 2023 |
Buying a home is one of the most significant investments you'll make. And as a responsible homeowner, you'll want to protect that investment and your family from any unexpected events that could impact your property's value or well-being.
But what type of insurance do you need? Is it title insura...
Posted by Kim G. Bosshardt | Jul 07, 2023 |
Buying a house can be both exciting and overwhelming at the same time.
It's one of life's greatest milestones, yet there are so many details to keep track of during the process. One of those pesky details is escrow.
But what exactly is it? And why do you need it in the first place?
Escrow can be ...
Posted by Kim G. Bosshardt | Jul 05, 2023 |
Navigating property taxes can be a bit like navigating a minefield-one wrong move, and you could end up with an unexpected explosion in your wallet. But if you're savvy, you can use the homestead exemption to reduce your tax burden and ensure you don't get caught off guard.
Florida's homestead ex...
Posted by Kim G. Bosshardt | Jul 03, 2023 |
Purchasing a home in Florida is like walking a tightrope without a safety net, and without careful consideration and planning, the fall can be financially catastrophic. Even still, many homebuyers overlook an essential aspect of the process-the importance of an owner's title policy.
But what exac...
Posted by Kim G. Bosshardt | Jun 30, 2023 |
If you're a real estate investor, you may have heard the term “1031 exchange” tossed around. But what exactly is a 1031 exchange, and how does it work?
A 1031 exchange-also known as a like-kind exchange or a Starker exchange-is a tax-deferral strategy used by real estate investors.
It is named af...
Posted by Kim G. Bosshardt | Jun 26, 2023 |
Who pays for title insurance in Florida? It's a question that homebuyers and sellers alike ask when closing on the sale of their property.
Sometimes, it's simply assumed that one party or the other will foot the bill. But, understanding who ultimately pays the price can be important to reaching a...
Posted by Kim G. Bosshardt | May 10, 2023 |
When you purchase a property, it's not just the sale price that you need to consider. Title insurance is one of those often overlooked costs; however, understanding how much title insurance can cost before closing on your new property is essential.
Title insurance helps protect homeowners from fi...
Posted by Kim G. Bosshardt | May 10, 2023 |
Buying a property can be an exciting adventure, but as with any large purchase, risks are involved.
There could be hidden liens or other issues that complicate the ownership process. Because of this, lenders often require title insurance when purchasing a home or commercial building to protect bu...
Posted by Kim G. Bosshardt | May 09, 2023 |
Imagine the nightmare of buying a dream home in Florida and finding out that you don't actually own it. The reality is that title insurance provides protection against this kind of legal disaster, but many potential homeowners are left wondering what exactly does title insurance cover?
In Florida...
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