REAL PROPERTY TRANSACTIONS LAWYERS STUART, MARTING COUNTY

Title Insurance Issues

Title insurance insures real estate purchasers and mortgage holders against loss from defects in title, liens, and encumbrances. A title policy generally states that, if the status of the title to a parcel of real property is other than as represented, the insurer will:

The amount of coverage provided by an Owner’s Policy of Title Insurance is generally equivalent to the purchase price of the real estate, while the amount of coverage provided by a Mortgagee Policy of title insurance is generally equivalent to the loan amount. The original premium charged when the policy is issued is your only cost as long as you own the property.

There are no annual payments to keep your title policy in force. An Owner’s Policy of Title Insurance is highly recommended for all purchasers of real estate and a Mortgagee Policy of Title Insurance is often required by lenders. If you have any questions relative to title insurance, please contact one of the real estate attorneys in our firm.

Crary Buchanan writes title insurance on behalf of Chicago Title Insurance Company (premier.ctic.com) and Attorneys Title Fund Services, LLC (www.thefund.com). We can efficiently and competitively handle your closings and issue title insurance for all your real estate deals. To learn more about our services or to see how we can help you, contact our office.

At Crary Buchanan, we know that real estate issues can be complicated. Our firm is here to assist. Let us use our vast experience in Florida real estate law to benefit you. When you contact a Stuart, Martin County attorney from our firm, we will treat you as an individual with unique needs, not a case number. We firmly believe that there is no “one size fits all” solution to your real estate issues, which is why we are committed to being client-focused. Since 1927, our firm has been legally advising on real estate matters, so let us help you as well.

Contact a Stuart title insurance lawyer from Crary Buchanan today!

Mortgage Loans in Stuart, Martin County

A mortgage is a document that secures a loan used to purchase real estate, usually a home. When purchasing a home, individuals pay a certain amount as a down-payment and then get a loan from a bank for the remainder of the purchase price. The loan is paid back to the bank in monthly payments with interest. There are many types of mortgages and variable terms within those mortgages. With the help of a Stuart, Martin County real estate lawyer from our firm, you can navigate the mortgage agreement process quickly and smoothly. Let our firm put more than 85 years of local legal experience to work for you and call our office today.

Whenever your real estate transaction involves a loan closing, a legal professional is beneficial for drafting or reviewing documents and advising on the real estate transaction. Unfortunately, many people are unaware of the language used in mortgage documents, which is why it helps to consult an attorney when considering a mortgage loan. When issues regarding a mortgage arise, Crary Buchanan has the experience to advise and resolve questions on Florida’s real estate law.

Crary Buchanan can also assist sellers of real estate offering owner-financing in preparing the requisite financing documents such as a promissory note, mortgage, and security agreement, and ensuring the documents are promptly and adequately recorded to protect the seller’s lien.

Crary Buchanan is no stranger to Treasure Coast real estate. In fact, our firm has been around since 1927, helping clients just like you achieve their real estate objectives. When you contact a Stuart, Martin County attorney from our firm, you will secure the legal help of a legal professional that you can trust. An attorney from our firm can help you find the answer to many questions regarding your mortgage, and we consistently provide this service to clients who seek our help.

For help with your mortgage concern, contact a Stuart real estate lawyer from Crary Buchanan for real estate help you can trust.

When dealing with purchasing, selling, or leasing a home in Florida, you may run into any number of problems. In order to avoid unfair deals, work with a legal professional experienced in real estate law. Our expertise in this practice area will be an invaluable resource as you seek to find the best solution to meet your real estate objectives.

We have attorneys who are experienced in handling real estate transactions for Canadian and German clients. This is advantageous to you because we understand your goals and the closing procedures within these jurisdictions. We will always have your best interest in mind and strive to meet your needs as a buyer or seller.

Whether you are about to enter into a real estate transaction or have experienced a difficult one, get in touch with one of the real estate lawyers from our firm.

If you are looking to purchase locally or internationally, speak with a member of our legal team today. We are committed to serving the local community and our clients. To learn more about your legal options with our real estate team, contact our office today, and schedule your initial consultation.

Contact a real estate lawyer from Crary Buchanan today for more information.

Looking to purchase property on the Treasure Coast?

Are you a foreign investor looking to purchase or sell real estate on the Treasure Coast? Crary Buchanan is well-equipped to handle the legal implications of foreign real estate transactions. Every country has unique regulations when it comes to property and taxes, which is why it is essential to obtain the help of an attorney who understands United States property laws and what the law says about international real property issues. Regulations will differ depending on the type of property that is being bought/sold and the function of the property.

Real estate can be purchased through domestic or foreign trusts. A foreign trust is one not governed by the U.S. but may be used for investments and asset protection for U.S. property. The asset protection benefits that an individual receives from this kind of trust will be governed by whatever country governs the trust. Foreign trusts are favorable for a number of reasons. The purchase or sale of property in Florida is a valuable investment for many foreigners. One of the main reasons for purchasing a property in the U.S. is so valuable is because the American dollar is weaker in comparison to certain foreign currency.

Those who wish to invest in this type of property must comply with all tax requirements of Florida and the United States. Property taxes may be greater for non-resident Florida home and property owners. Each country also has specific regulations regarding estate taxes. For example, Canadians may not be subject to U.S. estate taxes unless their total estate value exceeds $2 million USD (United States Dollars). Even foreign residents who are not obligated to pay estate taxes must still file an estate tax return for their U.S. property, as long as their property is worth more than $60,000.

Individuals who want to purchase vacation homes and rent them out have to abide by U.S. rental income taxes (which is 30 percent withholding). When non-U.S. citizens decide to sell their Florida property, they will incur capital gains tax. This is a 10 percent withholding tax. For those foreign investors who wish to purchase or sell U.S. property, they must file for a taxpayer ID. Our firm can help you make sure that you are abiding by all the necessary tax regulations in the U.S. while minimizing your withholding. We have assisted British, French, German, Belgian, and Swiss clients. You don’t have to handle the real estate transaction process alone. Contact our office today for the legal help that you need.

Experience