Why Title Insurance Matters: 9 Key Benefits for Homebuyers
When you’re purchasing a home, protecting your investment is essential. Title insurance is one of the smartest ways to safeguard your ownership and avoid costly legal issues in the future. Here’s what every buyer should know about the value of title insurance. 1. Protection from Claims Title insurance protects the interests of property owners and […]
What is FIRPTA and Why Does It Matter in Real Estate?
The Foreign Investment in Real Property Tax Act (FIRPTA) is a U.S. tax law that affects the sale of U.S. real estate by foreign sellers. Under FIRPTA, foreign persons are required to pay taxes on gains from the sale of U.S. property, and the responsibility for ensuring this tax is paid falls largely on the […]
Closing Costs And Who Pays What?
Closing costs are what the buyer and seller will pay as part of the escrow transaction. Some fees are negotiable between the seller and buyer as to “Who Pays What.” Below is an example of some typical closing costs which may vary from state to state. Paid by Both or Either Party These costs may […]
Four Reasons to Buy With a REALTOR®
You are about to embark on one of the most important and exciting decisions in your lifetime: the selection and purchase of a home. It is a decision that will bring you years of comfort and joy. Yet, the idea of spending your free time evaluating homes and neighborhoods, figuring your down payment and monthly […]