When it comes to residential or commercial real estate transactions, most run smoothly without any major complications between the accepted offer and closing. But what happens if there are setbacks? How can you keep yourself protected if things don’t go according to plan?
For most people, buying a home is the largest single transaction they will ever undertake, as well as the most complex. If you’ve done an Internet search for “title companies near me,” you’ve likely seen the name of First National Title Company near the top of the returns. That’s because FNTC is a locally owned, independently operated title company, with all the experience and financial stability to handle all of your closing needs.
You’ve looked at several properties, and finally found the perfect one. All that’s left is to make the offer, and prepare for closing. Unfortunately, the seller may not always be in a position to sell, due to problems commonly known as “title clouds.” That’s why it’s important to buy title insurance. Without it, you could find yourself facing lengthy delays and exorbitant legal fees. Most title companies offer title insurance, but you’re probably wondering “with all of these title companies near me, which one can I trust?”
There are a number of reasons to consider refinancing your home. But, just like financing, re-financing is a complex transaction, so it pays to know exactly what you’re getting into. Here are three important things to keep in mind when you consider refinancing:
A real estate transaction is often the most complex financial transaction people will ever experience, and that goes for both sides of the transaction, both buyer and seller. As a seller, you are responsible for the accuracy of your listing, keeping everything in good repair while awaiting an offer. And the Seller will also typically have to arrange service disconnects with the utilities and arrange their own move. All in all it can be a bit overwhelming.