Blog Archives

Title Insurance Vital to Protecting Homebuyers – Part III

*Part III

The majority of the one-time title insurance premium covers the cost to discover, identify and repair issues caused by events that occurred in the past. Because of these preventive measures, title insurance is fundamentally different from all other forms of insurance, which charge annual premiums to provide insurance protection for future events. The curative work performed by title agents minimizes the fear, disruption and distress that title claims have on homeowners. Read the rest of this entry

DEED-IN-LIEU: Freddie’s Plan to Help Jump Start the Residential Real Estate Market

DEED-IN-LIEU: Freddie’s Plan to Help Jump Start the Residential Real Estate Market

The Federal Housing Finance Agency, will be implementing new procedures to help with the ongoing housing crisis.  Planning on increasing servicers incentives for completing a deed-in-lieu of foreclosure, they have created a Single-Family Seller Servicer Guide. Read the rest of this entry

3 reasons every homeowner needs title insurance!

Title insurance is one of the more expensive elements of a home purchase or mortgage refinance and everyone hates paying for it. Some folks even argue that in today’s age of computer-stored records, title insurance isn’t really necessary. Unlike car insurance or home insurance, very few people know even a single person who has collected on a title insurance policy. However, the robo-signing scandal and the explosion of mortgage fraud make it clear that–given the reliance on computer data–title insurance is more necessary than ever. Read the rest of this entry

Non-Conforming Bedrooms?

A room must conform to specific requirements in order for it to be considered a bedroom or sleeping room. The reason for this law is that the inhabitant must be able to quickly escape in case of fire or another emergency. Read the rest of this entry

Can my HOA really evict MY tenants?

Maybe. You didn’t think the answer would be that simple, did you?

Under Florida Statutes 720.3085 & 718.116, HOA’s and condo associations now have the right to demand rent payments directly from tenants when the property owner has fallen behind in their assessments. Many tenants are forced into a very uncomfortable and awkward position.  Do they pay the HOA as demanded, or do they continue to pay the landlord? Read the rest of this entry