by Jennifer Ferri | Sep 10, 2018 | Financing, Mortgages, Title Insurance, Title Searches
So, I have often been asked the question, “Why do I have to pay for title insurance again? I thought I was told it’s a one-time fee for as long as I own my home!” Well yes, it is. However, what you are now buying is a lender’s title policy for the new lender, but your...
by Jennifer Ferri | Aug 27, 2018 | Buying, Closing Documents, Selling
So often in a closing transaction we are most concerned with the date we close. A contract will have that date so all parties know what to work towards. The closing date is set and agreed upon on the contract signed by all parties, usually several weeks from...
by Jennifer Ferri | Aug 20, 2018 | Buying, Closing Documents, Real Estate Insurance, Title and Closing
Closing fast? That’s a thing of the past! In today’s tremendously regulated and monstrously documented charted process, you should count on your mortgage-closing timeline reaching or perhaps even exceeding two months, depending on your lender and/or the banking rules....
by Jennifer Ferri | Aug 6, 2018 | Buying, Closing Documents, Selling, Title and Closing, Title Insurance
There are a whole lot of moving parts in a Fort Myers Real Estate Closing, so here at Title Junction we recommend using a local real estate agent and local mortgage lender so we can all work as a team to facilitate a smooth closing. The closing process can be a bit...
by Jennifer Ferri | Jan 19, 2018 | Mortgages
Do you know what a qualfied mortgage means in the Fort Myers and Cape Coral areas? As this video explains, Federal laws put into effect in 2014 and supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new...
