How to Refinance a Home
When you own a home, there are many different decisions that you will make. These range from small decisions surrounding design to large financial decisions. One of the decisions you make may be deciding to go through the process of refinancing your home. Your home, ultimately, is an investment. One of the best ways to
Title Insurance vs Homeowners Insurance
Homeowners insurance is insurance that covers a homeowner in the event of damage to their property. Title insurance is insurance that protects the lender or buyer in the event that the title to the property is not valid. Homeowners insurance does not cover the title to the property, and title insurance does not cover damage
What Does a Title Company Do For the Buyer?
A title company is important for a number of reasons. They help to ensure that the property is free and clear of any legal issues that could cause problems down the road. They also help to protect the buyer's investment by conducting a thorough search of public records. Also, a title company is responsible for
Property Taxes 101
Property taxes are just one of the many types of taxes that Americans have to pay. Other common taxes include: Income taxes Sales taxes Payroll taxes States also collect taxes, and some states have no personal income tax at all. This means that their residents only have to pay property taxes and other state-level taxes.
How to Raise Your Credit Score to Buy a House
If you're hoping to buy a house in 2022, your credit score is one of the most important things to consider. A good credit score will get you a lower interest rate on your mortgage, which can save you thousands of dollars over the course of your loan. Raising Your Credit Score There are a
Rent Increases and Decreases: What is Rent Control?
The average monthly rent of apartments in Florida has increased substantially in the past year. As of September 2021, the average rent of a two-bedroom apartment in Florida cost 1,670 U.S. dollars, which was an increase of approximately 350 U.S. dollars from September 2020. What is Rent Control? Rent control is a system of rent
What is a Real Estate Bubble?
A real estate bubble is an economic condition where housing prices significantly increase over a short period of time and then drop just as quickly. This usually happens when there is more demand for housing than there is available supply, causing prices to rise to unsustainable levels. Bubbles typically occur in markets where there is
What Do Mortgage Lenders Look for Before Approval?
What is a Mortgage Lender? A mortgage lender is typically a financial institution, such as a bank or credit union, that provides loans to purchase real estate. Mortgage lenders will typically look at different factors when evaluating an applicant's loan request, including their income level, credit score, and overall financial history. Some common things mortgage
Who Pays Title Insurance in Florida?
There are a few different scenarios in which you may find yourself paying for title insurance in Florida. The most common scenario is when you are buying a property. In this case, the buyer will usually pay for the title insurance policy. Another common scenario is when you are taking out a mortgage on a
What Are the Housing Market Predictions for 2022?
How Is the 2022 Housing Market in South Florida? The housing market in 2022 is expected to be driven by several factors, including growing consumer confidence, low-interest rates, and increased demand for housing. Some analysts predict that we may see a market crash in 2022 due to factors such as high housing prices and the