As many loan modification terms are beginning to adjust people are starting to talk about the expected increase of short sale transactions. A short sale is when a Seller decides […]
Month: September 2018
Requirements for use of Power of Attorney (POA) for Real Estate Transaction
The use of a power of attorney at closing can be very helpful if you have a customer that might travel a lot or that is planning to be out […]
Why does a spouse need to sign the mortgage if they won’t be on title?
Florida is one of only a few states that provides homestead protection to a person and their family in their primary homestead property located within the state. This protection actually […]
Quit Claim Deed or Special Warranty Deed?
Like so many legal questions the immediate answer to this one is: “it depends.” Quit claim deeds are massively overused in Florida, often times for the incorrect reason where a […]
Life Estate Basics
A life estate is a form of ownership where a person (we will call this person “John”) owns a piece of property for their life and upon John’s death the […]
The Difference between Ad Valorem and Non-Ad Valorem Tax in Florida
These two terms combined are often referred to as “property tax”, however each of these taxes has a distinct purpose and varying periods to which they apply. Let’s get right […]
Discovering Damage at the Walkthrough Inspection
It can be very alarming when dealing with a situation at walk-through, even more so when all parties are present. The most important thing to do is to keep calm […]
The Difference between a Title and Lien Search
While both a title and lien search are terms to describe the research performed on a property, each one is conducted for a different reason. It is worth noting up […]
Dealing with an Open Permit
Permit issues come up fairly often and many times can be resolved with just a bit of leg work and relatively low costs. It is important to note that permits […]