Explanations

As a home buyer, you’ll eventually reach a point where you have to make an offer on a house. The offer will be presented in the form of a purchase agreement, also known as a contract. This[…]

Negotiating your closing costs when buying a home could save you money. But how do you know which closing costs are negotiable and which aren’t? Average closing costs often range from 2% to 5% of the total loan amount,[…]

Halloween is among us and there’s nothing scarier than the big pile of paperwork between you and your new home. But don’t fret, Expetitle is here to help you get familiar with the key documents you’ll be[…]

Remember when people used to think millennials would never buy homes? Well, surprise! Millennial homebuyers have passed up baby boomers and Gen Xers for the fifth year in a row. While I love seeing more and more[…]

You’ve finally found your dream home and you’re getting ready to make an offer. It’s an exciting time! Congratulations!   Before you submit your bid, it’s important to understand what an Earnest Money Deposit (EMD, or even[…]

The home-buying process is a high-stakes thrill ride full of exhilarating ups and downs, but unquestionably one of the most deflating moments is when the appraisal comes in significantly lower than the accepted offer. This is, to[…]

In South Florida, when a seller is told by a buyer’s title examiner that there is a “title issue,” that usually means that there is some sort of lien, defect or encumbrance in the public records which[…]

Where mortgages are concerned, “escrow” and “escrow accounts” refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property “in escrow” until the[…]

Congratulations! You have found a home you want, been approved for the loan you need, and have now entered the final phase of loan processing. You may be ready to start unpacking and decorating, but before you[...]