Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the ninth and last of as many [...]
Filed under Miami Beach Short Sales, Miami Title Insurance by 
Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the seventh of several blog entries, in [...]
Filed under Miami Beach Short Sales, Miami Title Insurance by
Short sales of Miami condos and homes are often a great way for a buyer to get an excellent deal on a property and a seller to get out from under an upside down mortgage with hopefully less damage to credit and his or her pocketbook. This is the sixth of several blog entries, in [...]
Filed under Miami Beach Short Sales, Miami Title Insurance by
The National Association of Realtors has been fighting for several years to keep federally regulated banks out of the real estate brokerage and management business. They succeeded with the 2009 Omnibus Appropriations Act signed by President Barak Obama. The legislation will keep banks from gaining an anti-competitive advantage in the industry, wherein they already actively [...]
Filed under Miami Real Estate News, Miami Title Insurance by
Top Five Reasons Why Buyers Need Real Estate Title Insurance 1.The buyer’s lender requires it to protect their interests in the property. 2.The seller may be selling the property in a fraudulent manner. 3.The seller may have obtained the property in a fraudulent manner. 4.A prior seller may have acted in bad faith or committed [...]
Filed under Miami Title Insurance, Real Estate Law Tips by
Real Estate Transaction Power of Attorney Tips A power of attorney (“POA”) is a legal document which allows an individual to authorize a second individual to act on his or her behalf in order to carry out his or her will. This often occurs when the purchaser or seller of a property is not available [...]
Filed under Miami Title Insurance, Real Estate Law Tips by
Attorneys Title Insurance Fund, a popular Florida Title Insurance Underwriter recently warned its agents about inappropriate estoppel letters from lenders on short sales. These sellers’ lenders have been including language in the short sale approval estoppel letters that would allegedly void the sale subsequent to the closing upon the discovery of certain acts or information. [...]
Filed under Miami Beach Short Sales, Miami Title Insurance by
The Florida Courts clarified in a recent opinion, Reamco Development v. 499 Corp, that Florida title insurance agents’ opinions as to contract time periods are merely opinions, and not to be considered legal advice or otherwise binding. The buyer and seller, as well as their respective real estate agents and attorneys are responsible to determine [...]
Filed under Miami Title Insurance by