Expetitle Blog | A Florida Title Company

April 1, 2020

The "Pending Sale" Breakdown

Few moments are as exciting for both a home seller and homebuyer than the moment that a “sold” badge is added to the “For Sale” sign in front of your property. But when you drive through neighborhoods, especially as you’re house hunting, you may see the occasional “sale pending” badge posted instead.But what does it mean when a property is pending?

March 25, 2020

How to Claim Closing Cost Deduction on Income Tax Return

If you’ve recently purchased a home, some of your closing costs are tax deductible on your federal income tax return. It’s essential to know which of the many expenses incurred during closing are deductible and which are not. Check your mortgage closing cost statement for the amounts you paid.

March 18, 2020

What Zero Rates, Sub-1% Bond Yields Mean for Your Mortgage

There’s a silver lining in the economic anxiety Americans face: Interest rates are at unprecedented lows, and benchmark bond yields have dropped below 1% for the first time in history, conditions that are likely to cut borrowing costs even further on everything from mortgages to student loans.

March 11, 2020

The 3 Things That the Best Miami Title Insurance Company Should Provide

The closing procedure must be free from stress and easy to understand from the client’s perspective. Due to this, the best Miami Title Insurance Company must work hard to provide the most convenient closing experience for their clients. They must accomplish their responsibilities, such as payoff negotiations, taking care of the required paperwork, and title clearing.

March 4, 2020

Spotting and Avoiding Title Fraud in South Florida

In the real estate world, there are many dangers buyers need to look out for and title fraud is one of them. Title fraud occurs when an individual alters the title or ownership of a property in a fraudulent way. In Florida, avoiding title fraud can be relatively easy. In fact the majority of cases related to title fraud occur due to ignorance, which leads to the careless handling of personal information during real estate transactions.

February 6, 2020

Mortgage Basics: What is FHA, and How Does It Work?

The Federal Housing Administration (FHA) is a government-created entity that essentially runs and manages an insurance pool to help lenders manage mortgage risks.The insurance fund program was created in 1934 as part of the National Housing Act. Its creation came in the wake of the Great Depression and a wave of bank failures that made getting a mortgage nearly impossible. The FHA’s premise is that in exchange for making mortgages under common standards, lenders would be indemnified against losses on mortgages they made. The FHA was the mainstay of the mortgage industry until the creation of Fannie Mae (1938) and Freddie Mac (1970), whose mortgage missions were different and whose roles in the market have changed over time.

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