The Preferred Blog
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Why The Value of Title Insurance Is Hard to Explain
One of the most common moments of hesitation I see at the closing table happens when a buyer or seller scans the settlement statement and pauses at the line item for title insurance. Agents know that it is important, lenders require it, and attorneys recommend it, but explaining why it matters can feel surprisingly tricky. Unlike inspections or appraisals, title insurance protects against problems no one can see. And when everything goes right,...
Why The Value of Title Insurance Is Hard to Explain
One of the most common moments of hesitation I see at the closing table happens when a buyer or seller scans the settlement statement and pauses at the line item for title insurance. Agents know that it is important, lenders require it, and attorneys recommend it, but...
How Hurricane History Can Devastate Your Florida Property’s Title
Living in paradise comes with a price, (well, besides for higher car insurance)... It's hurricane season. And, while you might worry about storm shutters and flood insurance, there's a quieter threat that most Florida homeowners don't see coming: How hurricane history...
This is What Happens at Your Real Estate Closing
A Step-by-Step Guide Woo Hoo, you've made it! You've found your dream home, survived the negotiations, and navigated the mortgage process. Now comes the final hurdle: closing day. For many buyers and sellers, this is the most mysterious part of the transaction. Will...
Why Commercial Real Estate Closings Are More Complex Than Residential
Buying or selling commercial property isn't just a bigger transaction; it's a completely different ballgame than residential real estate. From due diligence to financing, the process is longer, riskier, and packed with pitfalls that can derail deals. Here's 5 reasons...
Avoid costly surprises: Check your liens, heirs, and encroachments first
Buying a home is exciting! That is until a few surprise liens, a property line dispute (encroachments), or a few long-lost heirs pop up. These title issues (or title defects) can delay your closing, increase your costs, or even jeopardize your deal closing. So, how do...
What is a 1031 Exchange? For New Real Estate Agents & Investors
A 1031 Exchange allows real estate investors to sell a property and buy (exchange) another property without paying capital gains taxes. In this way, it is similar to a 401k rollover but with its own set of strict rules and procedures. This tax deferral strategy has...
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