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Southwest Florida is a great place to buy a home. But is it worth it to buy a SWFL fixer-upper home instead of a new build or a recently renovated home? There are pros and cons to each type of home you may want to buy and it isn’t always what you might think. Here are a few things to think about when considering what type of home to buy. Cost Most people think a SWFL fixer-upper home will save you a lot of money. And it is true that the cost of a fixer-upper is lower then that of a comparable home that is ready to move into, the reason is that you will be putting the difference into your renovations. However, if you have time    to wait for deals, can do some of the work yourself, or are flexible with your wants, then you can save some money by renovating a fixer-upper. However, if you are going to gut the house and start from scratch, you may end up paying far more then you would for an already renovated home… but this one will be exactly what you want. Style Some people I know are ve

  Title insurance  protects both lenders and buyers of properties from suffering loses in the event of a defect in the title, which could result in ownership claims in the future. The insurance policy will depend on the current market value of the property at the point of buying the purchase. Below, we take a look at southwest Florida title insurance, why you need it and everything about it. Let us get started. Reasons Why Title Insurance is necessary In southwest Florida, a title represents ownership of land or real estate property. Most people disregard insuring their title alongside perils insurance. It is vital to insure your title since risk can lead to loss of money. It can also lead to loss of property. Some of the risks include; forgery of documents, failure to disclose liens, fraudulent divorce and errors in the public documents. There could also be a dispute in the boundary, unpaid taxes and fake owners. During the insurance process, an agent will search for your title to ens

Real estate closing is the genuine process of settling and transferring money and real estate title. The closing process can either take place when the representative of both parties gather together in the same room to interchange all the documents or through an escrow agent who works on all the paperwork and sends the finalized documents to the respective parties via email. During closing, the following activities take place: The Internal Revenue Services department is notified about the process. Traditionally the closing agent notifies the IRS, or in other occasions, the Leander; the buyer signs all the necessary papers and releases the money for the property; the seller signs the deed that legally transfers the property to the buyer; the buyer is given an insurance deed that assures the validity of the property’s title; the deed is signed in the presence of a licensed notary, who confirms that the signatures belong to the designated persons. Finally, once all the paperwork is done,