What is title insurance and why should any buyer purchasing a home in the Tampa Bay area get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn’t the attorney or settlement company handling...
Shopping lenders for your new home purchase in the Tampa Bay area? Have you come across the term “Escrow Account” and wondered what it means or if you even need one? As we show you in this video, an escrow account is an account, established by your lender, to...
Like the video says – real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is...
For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself you should receive a copy of your Mortgage Note – your obligation to...
What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney’s or escrow fees (Yours and your lender’s if applicable) Property taxes (to...
While this video simplifies things to help you remember: you’ll present your paid homeowner’s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of...