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What buyers want in a Southwest Florida Home

The real estate industry has experienced a lot of improvements in the recent years as the adoption of new technology and design continues to revolutionize the industry. Today’s home buyers are looking for a modern home that have refined trending features that defines elegance and class.

What buyers want in a Southwest Florida Homehttp://heightstitle.com/wp-content/uploads/2018/06/southwest-florida-home.jpgIf you are a home seller within Southwest Florida, it’s important that you understand these trending features so that you can position your home to attract more prospecting buyers at a better price.

  • Spacious Laundry Room

Most home owners love a home with a large laundry room. This is one of the most sort after feature especially for those buyers with large families. A spacious laundry area gives them enough space to wash their cloths and to fold them as they carry on with their normal lifestyle.

  • Hardwood Flooring

Gone are the days when wall to wall carpets and tiles were fashionable. Hardwood flooring has taken over the flooring design and it’s the most trending feature in a modern Southwest Florida home. A house with hardwood flooring is going to attract prospective buyers easily compared to the one with the conventional wall-to-wall carpets.

Southwest Florida Real Estate

Can you believe we are in mid-2018 already? If one of your resolutions for the year was a big move, time is running out. One of the biggest decisions is buying, selling, or building a new home. But first, get acquainted with the market trends and if possible consult an expert. The financial crisis of ten years ago showed us that the real estate sector can also experience some scary crashes. It is important to evaluate how the market has behaved so far and make some predictions for the remaining part of the year.

Obviously, keeping informed is one of the most important obligations for anyone in the real estate sector, or someone considering getting in. Our role is to provide a candid opinion about the sector and to provide quality guidance. The Southwest Florida Real Estate is an interesting market and one of the most dynamic in the region. Providing this information will help you keep informed of the news and factors that affect buyers and sellers of Southwest Florida Real Estate. Such information changes regularly, so it is important to get updates regularly.

Real Estate Transactions

As security layers from reputable firms are upgraded with the state of art cybercrime defense mechanisms, hackers are going around and target clienteles and real estate agents by manipulating their real estate transactions. Such crimes have become rampant not only in US but also in the whole world. FBI has recently reported that such crimes have been committed in all the states and in over 131 countries. Luckily, Title services are committed to taking all precautions to safely secure Real Estate Transactions. The company have invested heavily in all third-party transactions and ensures a 100% effective crime liability policy to protect clients from all corners of the States.

Recently, many buyers have fallen victims to wire fraud and only realize what had happened when the real estate agents confirm that no deposits have reflected in their bank account. Hackers have learned to tap into either the buyer or the agent’s emails. After doing so, they monitor the conversation between the buyer and the agent while keenly taking note of the time the deal is to be closed and the amount of money involved. After gathering the necessary facts about the Real Estate Transactions, they send wiring instructions with details that mirror those of the agent to the buyer but with minor but precise details that allow the hacker to get away with the full proceeds from the Real Estate Transactions.

What to know when buying a foreclosed home

For new aspiring homeowners, making that first leap into the real estate market can be a financially challenging one. Finding the perfect home that doesn’t break the budget can often lead potential buyers to feel like their purchasing options are limited.

Recently foreclosed properties have presented themselves as diamonds in the rough for many new home buyers looking for a great deal on their first purchase. With foreclosures on the rise in areas like Texas and Southwest Florida, there are no shortages of options available for those willing to take a chance on a repossessed property.

However, buying a foreclosed home isn’t as cut and dry as many other real estate purchases. There are some important considerations that should be made when closing on a foreclosed home, and knowing what to look for is essential.

Maintenance and Condition of Property

Its a very rare case that foreclosed homes are in perfect move-in-ready conditions. In fact, the opposite is usually true when it comes to the state of most repossessed homes, which tends to be one of the reasons they are priced to sell. Still, many foreclosure purchases can be great investments if the proper due diligence is done ahead of time. A detailed inspection of the home and surrounding property can be a good identifier for its relative condition. Look for signs of DIY renovations, as these are usually riddled with permit issues that need to be addressed and can prove costly. A contractor can also help you assess the integrity of the home in areas not overly visible. This will help to understand the amount of work and costs required to get the property up to code.

What Southwest FL Real Estate Agents Must Know About Title Insurance

Title insurance is often misunderstood by prospective homeowners. They might know they should obtain title insurance, but they might not know why. As a Southwest Florida Real Estate Agent, it is your job to explain the importance and significance of title insurance to your clients. You’ll need to tell your clients that title insurance is necessary to ensure their legal claims to the property are protected. In order to accurately advise your clients regarding title insurance, there are four things you should know.

What Southwest FL Real Estate Agents Must Know About Title InsuranceKnow How Title Insurance Protects Your Clients

You might have explained to your client that title insurance will protect them from any claims against the property before they acquired that property. But what exactly does this mean? Let’s say, for example, that your client buys a home only to find out a contractor has filed a lien against the property because the previous owner didn’t pay up. If your client has title insurance, they are not responsible for paying the lien. However, that scenario is quite different if they don’t have the title insurance, meaning they are responsible for any claims against the property, no matter the circumstances.

Value of Title Services is Long-Term

When explaining the benefits of title insurance, Southwest Florida Real Estate Agents would do well to mention the enduring value of title insurance. Prospective homeowners need to know that for a one-time low fee at the time of the purchase, they and their heirs are protected financially from unknown defects that could cause financial hardship otherwise. The fee paid at the time of closing is based on the value of the home.