The procedure of closing is an extensive and delicate process for potential buyers and sellers. The entire process involves numerous steps, walk-throughs, paperwork and more to ensure the sale takes place. But what happens if physical damage is found in the property before the closing procedure is completed? Let us find out who will be liable for the damage and who will be responsible for repairing it.
Most people do not understand the importance of estate planning and often consider it a task they should look upon once they reach their retirement days or their twilight years. Well, it might seem grim to hear, but we never know when we will die. And if you don’t have some form of estate planning [...]
If you are purchasing a home, condo, or any real estate in Florida, you must have heard about home inspection. The home inspection is a standard procedure after the seller is content with the offer. But before closing the deal, a buyer is well within their rights to request a professional home inspection. Professional home [...]
When buying or selling a house in Fort Myers or Florida in general, you do not need to have a real estate attorney. But even though it is not necessary, you should have lawyers in Fort Myers during the closing process. If you are wondering why you should, it is because of their knowledge, expertise [...]
As per Florida law, you do not require a real estate attorney in Fort Myers to handle the closing. As a buyer, you can purchase a residential property and opt for a mortgage without any legal advice. The transaction involves a real estate agent who manages the standardized contract forms and a title company that [...]
What is An Estate? Anything and everything that you own is technically your estate. Your estate will include your property, jewelry, automobiles, money, stocks, and more. But have you ever considered what happens to your estate after your death? If you have an estate, you need to have an estate plan to determine what will [...]
Do you know about the process of probate in the state of Florida? When a person passes away without naming an individual as their beneficiary, their assets and estate go through probate. The primary objective of probate is to recognise, gather, and allocate the deceased's assets appropriately under the supervision of probate courts. The individual [...]
In your closing cost, there is the inclusion of something known as title insurance. It is a one-time charge which protects the lender. But what exactly is it, and how does it benefit you and your property? Here is all you need to know about title insurance, what it covers, its costs and more. What [...]
If you are thinking about purchasing or selling “as is” real estate in Florida, you should use a residential contract known as the ”as is“ residential contract. Here are certain critical information and duties you need to be aware of to make a fully informed decision regarding real estate. It is also suggested that you [...]
Are you planning on buying a home for the first time in Florida? You must be excited but also a little nervous about the entire process. Well, it is normal to be anxious when you are buying a home because it is probably one of the most significant business transactions that you will make in [...]