Author Archives: admin

Real Estate Closing Process to Change

Whether you’re selling or buying a home, the real estate closing process can be a complex, confusing experience. With so many forms to fill out and sign, there’s always a little worry that you may be signing away more than you intended, simply because you don’t understand the process or your options. The real estate […]

Why You Need a Title Insurance Lawyer

If you’re getting ready to buy a property in Florida, there’s a lot to keep track of. While it would be nice to think you could offer a price on a home, it would be accepted and everything would be clear sailing throughout the entire transaction, that’s hardly ever the case. After all, buying a […]

A home purchase is arguably one of the biggest purchases

A home purchase is arguably one of the biggest purchases most people will make during their lives. Having an attorney with experience in handling real estate transactions is the most effective way to avoid the pitfalls and complications that can eventually lead to disastrous consequences, including the loss of the home. At Palma Law Group, […]

There are two types of title insurance, Owner’s Policies / Mortgagee Policies

Owner’s Policies/Mortgagee Policies There are two types of title insurance; owner’s title insurance (an Owner’s Policy), which protects the buyer, and lender title insurance (a Mortgagee Policy), which protects the lender. In a typical residential transaction, the title insurance often required by the mortgage lender will not safeguard the rights and interests of the homebuyer; […]

New Rules for Closing Residential Transactions

If a buyer of a residential listing applies for a mortgage loan on or after August 1, 2015, new federal regulations will apply to the loan transaction.  Generally, these new regulations will apply to all transactions involving a new residential mortgage loan. Cash and commercial transactions, even if a residence is involved, are not affected. […]