by Jennifer Ferri | Sep 1, 2022 | Mortgages
We’ve all heard the phrase about ‘signing your life away’ when making a significant purchase, and while it certainly can feel that way, every last signature is important, as they serve as the buyer’s agreement to the terms of the purchase. These are the documents that...
by Jennifer Ferri | Aug 25, 2022 | Buying, Selling
Prior to officially purchasing a home, a contract is required stating that both buyer and seller are in agreement of the terms written therein. Though a lot of communication is verbal between these two parties, a verbal contract will not suffice in order to proceed...
by Jennifer Ferri | Aug 18, 2022 | Financing
There are a number of fees that make up the entire sum or your loan costs, so here’s the basic breakdown. Closing costs are fees paid when the title of the property is transferred to the buyer, making them the legal owner. Origination charges are fees...
by Jennifer Ferri | Aug 11, 2022 | Courtesy/Witness Closing
There are a variety of circumstances that can prevent or delay a closing, but there are two in particular that pertain to the condition of the home itself. A home appraisal looks at the monetary value of the property, while a home inspection looks at the structural...
by Jennifer Ferri | Aug 4, 2022 | Buying, Selling
Whenever you buy or sell a piece of real property, the transaction, like most things in life, is taxed. In Florida, this particular tax is referred to as the documentary stamp tax, or doc stamp for short. Doc stamps are paid at closing, and it’s typically the seller...
