Naples: 239-596-5148
Estero: 239-676-7523

The Condo

Buying a condo is a dream come true for many people. It’s no wonder many potential homeowners are flocking to areas such as Bonita, Sanibel and Marco in Southwest Florida. Remarkable high rise condos on impressive locations, drawn by sugary white beaches, and fabulous sunsets, what’s not to like? It’s therefore pertinent that these buyers understand more about title insurance policies to secure their dreams and protect their investments. Unfortunately, many people don’t think they need insurance until something bad happens but by then it’s often too late to get insurance. It’s therefore best to eliminate these risks and prevent the possibility of losing your investment. A title insurance will cover any buyer in the event of previous legal issues associated with the property that they may not be aware of.

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.

Owners Title Insurance

There is a lot to think about when buying a home. From mortgage costs to property taxes to homeowners and mortgage insurance. Some people don’t want to think about Owners Title Insurance as well, but they should. Here are 4 reasons why you will be happy you took the time to find and buy an owners title insurance policy.

Title Insurance Protects Your Investment

A home is a large investment. For many people it will be the single largest investment they have. (I do know someone who bought a truck that cost more then their mobile home, and I know someone else with a Lamborghini that cost more then their condo, but for the average person, the home is the most valuable investment they have). Title insurance protects that investment from any legal issues that may come up from before you purchased the property. You protect your car, your home, your property, and even your life with insurance. Title Insurance protects your title to the land and home you live in. 

Move to Southwest Florida

There are many places in the world that people choose to move.  Southwest Florida is one of the best places to choose.  Here are a few reasons why.

My family moved to Southwest Florida when I was very young.  After college, I decided to move away and find my way in Los Angeles.  But after 20 years, I decided that my parents made the right move by coming to Southwest Florida, and I returned.  

The Weather

Sure, June, July and August can get humid enough to make you think the whole state was slid inside a giant sauna. But the rest of the year is pretty pleasant. Most Floridians start complaining the weather is to cold if temperatures drop below 70. When it does get cold in the winter, it is usually a cold front that lasts a few day to a week, then the temperature goes right back up to pleasantly warm again.

Closing A Real Estate Deal in Southwest Florida

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, the deed, the deed of trust/mortgage are all recorded in the county recorder’s office.