What Is a Perfect Title?

Tuesday, 03 July 2012 by

Also known as a good title, a perfect title is a deed for a piece of real estate that is completely free of any type of liens or claims that would complicate the sale of the property. This is in contrast to a quiet title, where there is some sort of obligation currently attached to

Punta Gorda’s Canal Maintenance

Wednesday, 20 June 2012 by

The City of Punta Gorda’s Canal Maintenance Division strives to provide quality service for the seawall system throughout the City. Residents of PGI and BSI finding sinkholes at their seawall should notify Public Works at 575-5050. A crew will be dispatched to properly fill the sinkhole and determine its cause. This service is covered by

What Is a Land Contract?

Tuesday, 12 June 2012 by

A land contract is a contract between the buyer and a private seller of a property, wherein the seller holds the title or deed to the property until all agreed upon payments have been made in full. The laws governing land contracts can vary by jurisdiction, so it is important that the governing laws be

What is Probate Property?

Tuesday, 05 June 2012 by

Before we discuss probate property let’s touch on probate itself. In legal terms,probate is basically the legal process of administrating a will. It’s also the judicial supervised process for marshaling a decedent’s assets, paying proper debts, and distributing the remaining assets to the persons or entities entitled to them. In basic terms, probate is the

What is a Lien?

Thursday, 31 May 2012 by

A lien is a legal claim or a “hold” on some type of property, whether personal or real property, making it collateral against money or services owed to another person or entity. Liens usually exist in situations such as second mortgages, loans against vehicle titles or money loaned against any other substantial items owned by

HUD-1 Form

Monday, 28 May 2012 by

Definition of ‘HUD-1 Form’ A form used by a settlement or closing agent itemizing all charges imposed on a borrower and seller in a real estate transaction. This form gives a picture of the closing transaction, and provides each party with a complete list of incoming and outgoing funds. “Buyers” are referred to as “borrowers”

As technology continues to influence the real estate industry, reconfiguring the way residential and commercial brokers market themselves and their services, we should not overlook an essential principle: service. The value of bringing clients together – the benefits of enjoying longstanding contacts with buyers and sellers, and landlord and tenants – far exceeds the virtual

Every investor wants to be sure of the security of his investments in the longer run. Each one of them wants to keep away from any complications that might cause them some kind of a loss in future. Besides, restrictions are imposed on all forms of businesses at one time or the other. These have

Thanks to the massive wave of foreclosures that swept across Florida, the state claims eight of the National Association of Realtor’s top 10 “Turnaround Towns.” The report looks at which local markets experienced the greatest appreciation in median price and largest reductions in inventory age and inventory levels from the fourth quarter of 2010 to

Cape to consider UEP restart

Monday, 14 May 2012 by

After being put on the shelf for more than three years years, the Utilities Expansion Project may be one step closer to resuming. A plan will be put forth Wednesday at a special meeting of the City Council at 5 p.m. at City Hall, and although there may not be any shovels of dirt in