Important Real Estate Terms Everyone Should Know

1. Association Fee / HOA fee – In addition to your mortgage, specific housing communities such as condos and townhomes have a monthly fee associated with maintaining the commons areas and amenities such as pools. 2. Payoff statement – It is a statement prepared by a lender providing a payoff quote for prepayment on a [...]

Important Real Estate Terms Everyone Should Know2019-07-24T15:53:04+00:00

How to Prevent Wire Fraud

Over the past few years, wire fraud has increased exponentially- threatening the security of real estate transactions by preying on victims who fall for their aggressive tactics. In 2017, according to the Miami Herald $969 million was “diverted or attempted to be diverted” from real estate purchase transactions and wired to “criminally controlled” accounts. Hijacking [...]

How to Prevent Wire Fraud2019-05-24T20:05:35+00:00

Tips for a Timely Closing

Quick turnaround time from contract to closing depends on accurate information.  To help improve communication between all parties contact information for the Listing, Selling Agent, Buyers and Sellers is important.  If there is an existing survey, please provide it to the title agent or if a new survey is being ordered, please provide the contact [...]

Tips for a Timely Closing2019-05-23T17:29:23+00:00