Category Archives: Title

Looking To Get A Competitive Edge Over Other Candidates? Try Title Insurance Classes

Looking To Get A Competitive Edge Over Other Candidates?  Try Title Insurance Classes

Currently trying to land employment in the field of real estate but feel like you’re struggling to find traction in a sea of other candidates?  You’re not alone.  It’s no secret that the real estate market, while invigorating and financially rewarding, can often times feel saturated with a slew of qualified candidates all vying for the same open position. Read the rest of this entry

Foreign Real Estate Investors and FIRPTA

Foreign Real Estate Investors and FIRPTA

Any foreign real estate investor, whether they are buying or selling property in the United States, should be familiar with the Foreign Investment in Real Property Tax act of 1980.

This Internal Revenue Service tax law requires a foreign real estate seller to inform the buyer of their non-residency status so that the buyer can withhold 10% of the property sale cost and remit it to the IRS. Although the foreign real estate seller technically is paying the tax, it is the buyer’s responsibility to make sure the funds are paid to the IRS. If the buyer does not withhold the funds and remit it to the IRS, they could become responsible for paying the tax. This is why it’s so important for both buyers and sellers to be familiar with FIRPTA, even if you are not a foreign real estate investor. You never know when you may find yourself purchasing property from a foreign real estate seller. Read the rest of this entry

Selling U.S. Real Estate as a Foreign Real Estate Investor

Selling U.S. Real Estate as a Foreign Real Estate Investor

When buying or selling property in the United States, foreign real estate investors have a lot to consider. From understanding U.S. real estate jargon and regulations to financing, investing in U.S. property can be confusing at times. One of the biggest sources of confusion has to do with the Foreign Investment in Real Property act of 1980. FIRPTA is a tax law created by the United States Internal Revenue Service. It requires 10% of the sale price of a piece of property to be remitted to the IRS if a foreign real estate seller is involved in the transaction. Read the rest of this entry

Mortgage Satisfactions of Real Property in Cape Coral, Fort Myers, and Florida

Mortgage Satisfactions of Real Property in Cape Coral, Fort Myers, and Florida

So you have borrowed money, whether it be from a mortgage bank lender or a private individual on real property in Cape Coral, Fort Myers or anywhere in Florida. And now, you have made the last payment and will need to make sure that a mortgage satisfaction of real property is filed for that loan. Read the rest of this entry

Notary Services and Real Estate Title Options

Notary Services and Real Estate Title Options

One of the most important choices you will make as a property buyer is how to hold title to your property.  Holding title to a property refers to how you own the property and the rights that go along with it.  Along with choosing how to hold title, buyers have the opportunity to choose a title agency to manage the title work.  Many title agencies offer notary and escrow services as well and some buyers like having all of these services under one roof.  Read the rest of this entry