• Reading a Florida Title Commitment: Transaction Step 18,Rebecca Redman-Hamaoui

    Reading a Florida Title Commitment: Transaction Step 18

    About two weeks before a Florida closing, the title agent sends a packet called the title commitment. It is the title company's written promise to insure the home, along with the list of things that must happen first and the things it will not cover. Buyers in Winter Garden, Horizon West and Clermon

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  • Florida Real Estate, Defined: The Closing Cost Glossary,Rebecca Redman-Hamaoui

    Florida Real Estate, Defined: The Closing Cost Glossary

    The first time most buyers see a Florida closing statement, it runs two or three pages of line items with short labels and long numbers. Sellers get their own version. Every line has a name, a reason and a party who customarily pays it, and once you know the vocabulary the statement reads much faste

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  • Owner's vs Lender's Title Policy in Florida: Transaction Step 17,Rebecca Redman-Hamaoui

    Owner's vs Lender's Title Policy in Florida: Transaction Step 17

    At most financed closings in Winter Garden, Clermont or St. Cloud, two title insurance policies get issued on the same day. Buyers usually notice one line on the closing statement, see the words "title insurance," and assume they are covered. Which policy protects you, and who pays for it, depends o

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