As we settle into the new year, let's dive into the latest trends shaping the Broward County housing market. This month, we leverage insights from Rocket Homes data showing a market finding its footing in a new normal. Key Takeaways Prices With a median sold price of, $423,678, homes in Broward County have sold for 7.4% more than they did a year ago. Inventory The Broward County real estate market had 9,102 homes for sale in February 2024, a 17.0% increase compared to January 2024. Days on Market Homes in Broward County had an average of 55 days on market in Feb 2024, up by 14.1% compar ..read more

Every year, fires, burglaries, and scams ruin the holiday season for thousands of Americans. While no one can prevent every possible tragedy, getting prepared for the season can help keep all of us safer. These tips can help you stay safe this year: Slow down to avoid scams Cyber and phone scammers like to create a sense of urgency in their targets. A sense of urgency inspires impulsive decisions. No matter how good a deal sounds or how soon the deal will expire, take a few minutes to think about it before buying. If the deal seems too good to be true, it probably is! If you are in the proces ..read more

Some property Buyers and Sellers don’t fully understand what title insurance is, and why it’s necessary (or, in some cases, required). We can understand why. Title insurance is not a topic that gets much attention in the real estate world. This lack of information leaves room for misconceptions about title insurance. As title insurance experts, we’d like to dispel a few of these misconceptions below. 1. Title Insurance Charges Annual Premiums Unlike hazard insurance, title insurance does not require annual, ongoing premium payments. Buyers and/or Sellers pay for title insurance once — at clos ..read more

In any real estate transaction, the seller and buyer can expect to pay closing costs. As buyers and sellers enter into contracts and plan for closing day, sometimes they forget to factor certain closing costs into their budget. One reason people forget about these costs? Because they aren’t always sure what, specifically, closing costs include, how much these costs are, and why they’re paying for them in the first place. Breaking Down Your Closing Costs Any real estate transaction will require at least some closing costs. While closing costs vary from state to state, and even county to county ..read more

They share a common mission. Homeowners insurance and title insurance both protect the value of your real estate investment against expensive problems. These two insurance products accomplish very different items in different ways. Title Insurance: Protects the owner’s exclusive right to own and use the property within the confines of the law. If someone in the future (after you have purchased the property), presents a legitimate claim of ownership, or an unpaid mortgage lien or other valid lien, title insurance will help resolve the issue and pay for the resolution. In short, title insuranc ..read more

As a seller, ensuring a smooth closing starts long before your closing day. The process starts before you accept an offer to purchase your property. Following these steps can help you close on time: Favor the Simpler Offers With real estate purchase offers, simpler is almost always better. That’s because offers that depend on complex, interdependent variables are more likely to fall through, forcing you back to the drawing board in search of new offers. Many times, cash offers are the simplest offers of all, but not always. For example, if the cash buyer can’t close unless they sell another p ..read more

Most people, even some experienced property buyers and sellers, don’t know much about closing a real estate transaction, and that’s OK. That’s why companies like Butler Title exist. We manage all the closing details for you. As a property buyer, you can help yourself by learning how a closing works and help your title company achieve a seamless closing by following these tips: Communicate early and often When someone from the title company asks for documents or any other information about your closing, respond as quickly as possible. Sometimes agents need the requested information to keep the ..read more

Intimate knowledge of a local real estate market and understanding pricing trends is how Realtors help buyers find the perfect property. An experienced Realtor’s negotiating skills can help buyers achieve great contract terms that can lead to sound investments. After the contract is signed, it’s the title company’s job to ensure that the signed contract results in a closed real estate deal. To do this, the title company coordinates the deal’s many moving parts, including communicating with Buyers, Sellers, Realtors, Mortgage Brokers, Lenders, Attorneys, HOAs, City and County offices, and othe ..read more

If a real estate transaction were a wheel, the title company would be its hub — the place where everything converges. By “everything” we mean the buyer, the seller, the Realtors, the lenders, the law, the third-party professional services, and even the money. Title companies do more than facilitate property transactions, and they aren’t simply the place where money gets deposited and withdrawn. To coordinate real estate closings, title companies have important work of their own to complete. A title company’s work includes: Ordering the title search to learn the ownership history of the prope ..read more

We get it. Buying title insurance isn’t the most pressing concern when house hunting. Some buyers don’t know what title insurance is, that it’s required by your lender, or how much they should expect to pay. If you’re buying property in Florida soon, these frequently asked questions about title insurance can help. What is title? Title to property proves that you are the owner of record, similar to the title of a car or boat. Your ownership is reflected on a document called a deed, which gets recorded in the County’s public records where the property is located. As title holder, you have the e ..read more