Real estate transactions involving 1031 exchanges are becoming increasingly common here on the Emerald Coast, but they can be a bit confusing as the Internal Revenue Code has evolved in recent years. An understanding of 1031 exchanges is likely to come in handy in a future real estate transaction.
A closing (also known as settlement) is the final step in executing a real estate transaction. What does the title company do to prepare for the closing? Let’s find out. There are four parts to the closing process; information gathering, title research, document preparation and, disbursement. Information Gathering Initially the closing process is information gathering […]
WE ALL have heard the words “cyber fraud”, “wire fraud”, “email phishing”. We all think, “This would never happen to me.” Wire fraud happens more often than you think.
