How Much Do You Understand About Your Florida Title Search and Home Inspection?
While the search for a new home can be an exciting time, the buying aspect is extremely stressful for many Florida residents. There is a long list of things that need to be done for the home, questions you have for the seller, and the whole process of being approved for the mortgage. Not to mention the steps you have to take in order to ensure that you can even buy the home in the first place.
There are two processes that take place in between having your offer on a home accepted and the actual closing of escrow and..
Between the time that you and the seller of your Florida dream home have come to an agreement on the terms of the sale, and the time it takes to actually close on that sale, you are going to be given a preliminary Florida title search report to review. This is not an entertaining read by any means, but it does need to be examined closely. Next to the deed to the property, this is one of the most important documents you will receive regarding your new house.
There are a number of documents that are going to give you important knowledge about the property you are getting ready to buy. The preliminary Florida title search report details almost..
Important Steps for Buying Residential Lots and Land in Florida
Florida title searches are not only used in purchasing a house or condominium. Titles and deeds represent the property, not just any structure that is standing on it. If you are interested in buying a vacant lot in Florida to build a home on, make sure that you are following these tips:
When buying a residential lot or parcel, the chain of title needs to be examined closely. This includes looking through land records, liens, maps, plats, surveys and other legal documents that are in the public record regarding the property. A Florida..
Title insurance may just seem like another closing nuisance to you, but even though the house is new to you, the property has a history. A Florida title search uncovers any defects in that history that could affect the ownership of the property, while the property lien search ensures that the seller has no outstanding debts that are attached to the title. The title insurance provides added protection for you from any issues that may present themselves after the closing such as: