Real Estate FAQs
Frequently Asked Questions About Real Estate
Why Is Title Insurance Necessary?
For many people, a home is the largest purchase they will ever make. Title insurance protects that purchase against claims that the house — or another parcel of real estate — is not legally theirs. In order to issue title insurance, the provider reviews the title to make sure it is clean, meaning it is free from known claims. The insurance policy helps provide some reassurance that ownership of the property is secure.
What Do I Need to Bring to My Closing?
Every real estate transaction differs, and thus may require that different documents be provided to finalize the sale. However, there are a few items that are commonly required in Florida real estate closings:
Proof of identification – a driver’s license or passport will suffice
Proof of insurance
Payment of costs related to closing
When you conduct closings with the help of (NAP), our experienced real estate attorney can help you determine what documents need to be prepared before your transaction becomes final.
Why Do I Need an Attorney?
A knowledgeable attorney can assist you with every step of the real estate process. With thousands of transactions on our record, our firm can help you determine whether the price of your real estate purchase is fair and help you negotiate the price if necessary. If your transaction requires a loan or mortgage, we can provide details on how the transaction can affect your financial well-being and explain the terms of your contract.
Real estate documents can be complex and full of vague language. Reviewing these documents so that you fully understand the details of your transaction can be crucial to minimizing the stress of selling or buying real estate. Our firm can help draft, review and revise transactional documents based on decades of experience.