Understanding Short Sales

Understanding Short Sales

In today’s evolving real estate market, short sales remain a critical transaction type that title companies must handle efficiently. While not as prevalent as during past housing crises, short sales still arise when homeowners face financial hardship and owe more on their mortgage than their property’s current market value.

These transactions present unique challenges and requires guidance from experienced professionals.

What Happens to Funds Held in Escrow by a Florida Title Company?

What Happens to Funds Held in Escrow by a Florida Title Company?

In many Florida real estate transactions, a portion of the seller's proceeds may be held in escrow after closing. These funds are commonly retained to address post-occupancy agreements, unresolved permit issues, code violations, repairs, or other obligations that remain outstanding after the transfer of ownership.

But what happens when the funds remain unclaimed or the parties cannot agree on their release?

What Sellers of Real Estate Need to Provide at Closing and Typical Closing Costs in Florida

What Sellers of Real Estate Need to Provide at Closing and Typical Closing Costs in Florida

Selling real estate in Florida involves more than just finding a buyer and signing a contract. As a seller, there are several documents you’ll need to provide before closing, along with certain costs that are typically your responsibility. Understanding these requirements in advance helps ensure a smooth and timely closing.

FinCEN Real Estate Reporting Requirements for Home Buyers Effective March 1, 2026

FinCEN Real Estate Reporting Requirements for Home Buyers Effective March 1, 2026

Starting March 1, 2026, new FinCEN real estate reporting requirements will impact certain residential property purchases in the United States. If you're planning an all-cash home purchase or buying property through an LLC, corporation, or trust, you may be subject to federal reporting rules.

Here’s what home buyers need to know.

Buying a Condo in Florida? Why Reviewing Condominium Documents Is Non-Negotiable

Buying a Condo in Florida? Why Reviewing Condominium Documents Is Non-Negotiable

Purchasing a condominium can be an exciting step—often more affordable than a single-family home and packed with appealing amenities like gyms, pools, and shared outdoor spaces. When you buy a condo, you’re not just purchasing a unit—you’re also agreeing to live under a specific set of rules and to share financial and legal responsibilities with other owners.

That’s why reviewing condominium documents, rules, and regulations before purchasing is absolutely essential.

What Title Insurance Does Not Cover: Building Permits, Code Violations, and Open Code Enforcement Cases

What Title Insurance Does Not Cover: Building Permits, Code Violations, and Open Code Enforcement Cases

When buying or selling real estate, many people assume that title insurance protects against every possible issue related to a property. While title insurance is a critical part of a real estate transaction, it’s important to understand its limitations—especially when it comes to building permits, code enforcement cases, and violations

Title insurance does not cover governmental or regulatory compliance issues unless those violations have already turned into a recorded lien.