The Difference Between a Deed and a Title

March 15, 2020

Many homebuyers and sellers are overwhelmed not only by the process of buying and selling a home, but also by the terms and legal jargon involved. From escrows and encroachments to deeds, titles, and adverse possession, it’s easy to be confused. Title Partners of South Florida serves Broward County, Miami-Dade County, and Palm Beach County…

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What Does a Title Company Do for You?

If you’re buying or selling a home, you’ll need the service of a title company. So what does a title company like Title Partners of South Florida do in a real estate transaction? In short, we protect the interests of everyone involved in the transaction. Whether you’re buying or selling a property, providing financing or…

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What’s the Difference between a Fixture and a Chattel?

Understand the difference When buying or selling a home it is important to understand the different types of property that may affect the sale and purchase of real property. Understanding the difference between a fixture and chattel can be crucial when buying a new home or investing in a piece of real estate. Buyers who…

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Disclosing Flood Insurance on Loan Estimate and Closing Disclosure

According to US federal laws, anybody who wants financial assistance from a recognized financial institution must adhere to some rules such as the TILA-RESPA Integrated Disclosures. These are a set of rules also known as “Know Before You Owe” meant to streamline mortgage financing and home loans in the US. In the recent CFPB session…

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Probate and Property Conveyance

In most states, wills are governed by the Uniform Probate Code (commonly known as the UPC) either in whole in parcel. States that have adopted the UPC in whole include; Alaska, Arizona, Colorado, Florida, Hawaii, Idaho, Maine, Michigan, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Carolina, South Dakota, and Utah. Other states have adopted…

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Why Refinancing Requires Title Insurance?

Why people refinance and what they need Borrowers refinance their mortgages to improve their financial standing. They look for lower payments, reduced interest and better terms overall. Having to purchase title insurance when they already purchased a title insurance policy when they bought the home may seem like an unnecessary expense. However, title insurance when…

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Achieving your Goal of Home Ownership

How to acheieve owning a home Buying your first home can seem like a daunting process. From mortgage rates to taxes to closing costs, there’s certainly a lot to consider. And because your new home will likely be the biggest investment of your life, it’s crucial that you educate yourself about the process before you…

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Foreclosures and Title Companies

Home foreclosures concern the title insurance industry According to the National Foreclosure Report approximately 549,000 homes in the United States were in some stage of foreclosure in 2014. How is this mess affecting homeowners and homebuyers and how will it concern the Title Insurance Industry? Any home buyer especially those purchasing homes through a foreclosure…

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What is a Clear and Marketable Title?

A purchase contract should be clear A real estate purchase contract should include a clause that requires the sellers to provide the buyer with clear and marketable title to the property at closing. If the sellers are unable to provide clear and marketable title, the buyer should be able to withdraw from the contract without…

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The Importance of Title Insurance

The process of buying a home is complicated. Consumers can become confused and frustrated with the mounds of paperwork and documents to sign. Fees show up at closing that can sometimes surprise the buyer. Understand title insurance Title insurance is one of those charges little understood by homebuyers, who often see it as just another…

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Choosing the Right Title Company

When buying or selling your Florida home you most likely do the appropriate research before choosing your real estate agent, your lender, your moving company and others. But did you know that you also have the right to choose your title company? It is critical to choose a reputable, experienced company to ensure that you…

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