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Many unforeseen scenarios could cause problems later on if you haven't purchased the title insurance before closing.
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Title insurance is a contractual agreement that protects your rights as a property owner against any unknown or undisclosed issues.
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Florida has no laws requiring the use of a title and escrow company for real estate purchases, but this is still the best course of action.
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Remote home closings became vital at the height of the pandemic, and their effectiveness changed the standard for real estate transactions.
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Title companies are hired to conduct title searches and issue insurance policies before a real estate closing.
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Escrow refers to a process in which funds are transferred from one party to another, and it's a standard part of real estate transactions.
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Compliance is a key element in a successful escrow transaction, so it's important to choose the right Florida company to assist you.
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A combination of natural disasters and financial concerns has led to the increase of insurance costs in most parts of Florida.
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Florida's housing demand has been at an all-time high for years, but it might still be affected by housing prices and mortgage rates.
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We define each term separately before expanding on how they differ in the realm of real estate transactions.
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