by Jennifer Ferri | Dec 31, 2020 | Closing Documents, Title and Closing
In most real estate transactions the seller will require that the buyer deposit earnest money. This money demonstrates good faith by the buyer to purchase the property from the seller, although most have no idea what role the earnest money plays in the transaction....
by Jennifer Ferri | Nov 5, 2020 | Closing Documents, Title and Closing
First timers in the world of real estate and closings are bound to come across terminology they’ve either never heard of before, or don’t completely understand. So to help with that, we’ve outlined some common closing cost terms to assist new homebuyers with their...
by Jennifer Ferri | Oct 1, 2020 | Title and Closing
Title agencies provide a valuable role during property transactions and are well-versed in many areas of real estate. In addition to title work, many title agencies act as escrow holders and provide notary services. This is helpful to your property transaction because...
by Jennifer Ferri | Jun 18, 2020 | Title and Closing, Title Insurance
At some point during the process of closing on your new home, you’ll receive a stack of papers from your real estate title company. They’ll tell you it’s your title commitment, but here’s the question: do you know what that is and why you’ve received it? A title...
by Jennifer Ferri | May 28, 2020 | Selling, Title and Closing
Once you’ve accepted the buyer’s offer or negotiated a deal acceptable to all parties, you can expect to spend about 6-8 weeks working to get to the closing table. Fortunately you won’t have to do all of the work by yourself, but you’ll need to spend time completing...
by Jennifer Ferri | May 14, 2020 | Title and Closing, Title Insurance
When you purchase a new home in Fort Myers or Cape Coral, your title company will give you the option to purchase title insurance. While it’s tempting to say ‘nah, I’m good’ and simply close on the house without a second thought, you should first consider what you’re...