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Just Bought a House, Don’t Forget to File Your Homestead
Article by – Vanessa Martin Filing a homestead declaration can have important legal and financial benefits for homeowners. One of the primary benefits of filing a homestead declaration is protection from creditors. In the event of financial difficulties or legal judgments, a homestead declaration can prevent the forced sale of your primary residence to satisfy…
Read MoreYou Inherited a Property, Now What? Understanding the Probate Process
Article by – Vanessa Martin Probate is the legal process by which a deceased person’s assets are distributed to heirs and beneficiaries, and debts are settled. The sale of a home during the probate process can be influenced by various factors. The property may need to go through the probate process to establish clear ownership. …
Read MoreWhat is Title Insurance and Why Do You Need it?
Article by – Vanessa Martin Title insurance is a type of insurance policy that protects homeowners and lenders from financial loss due to defects in a property’s title. But what exactly are some key benefits of having proper title insurance on your home? Having title insurance gives homeowners peace of mind knowing that they are …
Read MoreThe Advantages of Using a Mortgage Broker
Article by – Vanessa Martin Do you know the difference between a Mortgage Broker and a Mortgage Lender and what the advantages of working with a broker are? Well, there is a huge difference and usually the benefits to the consumer can be a major cost savings. Let’s look at some of the top reasons…
Read MoreStuck with Unsold Properties or Unsuccessful Flips in Tampa? Consider Refinancing and Renting for Cash Flow
Article by: Jorge Vazquez Introduction: Tampa’s real estate market is known for its dynamism, but sometimes even the best-laid plans for selling a property or flipping a home may not yield the expected results. When faced with properties that are not selling or flips that aren’t finding the right buyers, a strategic shift in your…
Read MoreBuying a Home Where the Seller is Giving Concessions! Use to Buy Down the Mortgage Rate
Article by – Vanessa Martin What Exactly is a Mortgage Buy-Down? A mortgage buydown is a way to lower the initial interest rate on a home loan for a specific period. It’s usually done when someone is buying a house and wants to reduce their initial monthly mortgage payments. Here’s how it works: Normally, when…
Read MoreBuying A Rental Property with Current Tenants? Have You Heard of a Tenant Estoppel Certificate, and Why Do You Need One?
Article by – Vanessa Martin Introduction Simply put an estoppel certificate for landlords, often referred to as a “tenant estoppel certificate,” is a legal document used in commercial real estate leasing situations. It is typically provided to a tenant by the landlord or their representative, and it serves several important purposes. Verification of Lease Terms…
Read MoreBuying Property in a Condo Association or HOA Community, What is an Estoppel Letter and Why Should You Get one?
Article by – Vanessa Martin The Need for Comprehensive Due Diligence If you’re thinking about buying an investment property and you find one in an HOA community, it’s crucial to do thorough research. Not doing so could lead to unexpected costs, and as the buyer, it’s your responsibility to avoid this. Conducting research involves more…
Read MoreProtect Your Home Title from Scams: Essential Tips by LendingGig
Article by – Vanessa Martin In an increasingly digital world, safeguarding your home and property has never been more critical. Scammers are continually finding new ways to exploit vulnerabilities, and one area where you need to remain vigilant is the security of your home title. In this article, Vanessa Martin from LendingGig shares essential tips…
Read MoreWhat You Should Know About Home Appraisals
Home appraisals performed by professionally certified appraisers are required in most real estate transactions and mortgage refinances. When a lender is involved in loans that use a property as collateral, they order an appraisal to ensure the property meets or exceeds the loan amount. Appraisals protect the lender in case of subsequent default by the…
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