by Jennifer Ferri | Jan 26, 2023 | Buying, Financing, Sales Process
Earnest money is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price. However, the amount can vary depending on local customs and...
by Jennifer Ferri | Jan 12, 2023 | Buying, Closing Documents, Title and Closing
Purchasing a home is exciting. Finally, all of your house hunting and negotiating has paid off! However, once escrow begins the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate. Watch this...
by Jennifer Ferri | Jan 5, 2023 | Buying, Selling
Closing on a property doesn’t mean closing the relationship you’ve developed with your clients. An important part of a closing comes in the aftermath, when you have an opportunity to receive feedback from the client about their experience. Here are 5 tips for...
by Jennifer Ferri | Dec 29, 2022 | Buying, Closing Disclosure Form (HUD1), Financing, Loan Estimate Form (GFE), TRID
Looking to buy a home in the Fort Myers or Cape Coral areas and wondering if your settlement charges can change if you are in the middle of the closing process? Yes, your settlement charges can change if circumstances change, such as: A natural disaster damages...
by Jennifer Ferri | Dec 8, 2022 | Buying
Square footage is one of the most common terms you’ll hear when it comes to discussing property features, and for good reason—it’s what determines how much living space you’ll have in your residence! Typically, square footage is calculated by measuring the length and...
by Jennifer Ferri | Nov 17, 2022 | Buying, TRID
Applying for a loan in the Fort Myers or Cape Coral areas and trying to understand the loan terms of your purchase? Page 2 of your Loan Estimate provides the current estimated cash to close. Some costs will stay the same between estimate and closing while some...
