If you are in the market for a home, you’re probably thinking about things like home inspections and mortgage pre-approvals. However, there is one other thing that you should be shopping for, even if you haven’t yet thought about it — title insurance. Many people don’t understand the importance in title insurance when buying a […]
What Does Title Insurance Not Cover
Title insurance was introduced in the late 19th Century to protect a property’s owner from claims associated with the chain of title. That means, for example, if someone, previously unknown, steps forward and says they own the property because their signature was forged, and they want their property back, the title insurance will activate to […]
Short Update and Explanation of FIRPTA Tax Withholding
FIRPTA (Foreign Investment in Real Property Tax Act) will change a little this year. The law was first introduced in 1980. It was a way to limit the number of foreign real property owners selling up and realizing a gain or transferring property at an increased market value, but not declaring or paying capital gains […]
The Three Most Important Words in Real Estate (Part III)
In the third of our articles to help you get your property sold we will explore the last of the three most important words in real estate – Availability. If you’re just joining in catch-up by reading out first and second articles of this series. Just because your property is on the market does not […]
The Three Most Important Words in Real Estate (Part II)
In our first article we looked at pricing your property. Remember, if you price it too high, it won’t sell. If you price it too low, you won’t get the highest price the market will allow – unless you are good at negotiating multiple offers – and many people aren’t. We want all of our […]