Real Estate in key west
It's a great time to buy real estate in the Florida Keys. Never try to time the bottom or top of a financial market. It is clear there are great opportunities to be had over the next 6 months and even over the next two to three years. This market correction creates great opportunity for building wealth over the next 5 to 10 years.
Home Page | REO services | For Buyers | For Sellers | Contact Me

Courtesy of Scott Forman, REALTOR®

What to Keep from Your Closing

  • The Real Estate Settlement Procedures Act (RESPA) statement. This form, sometimes called a HUD 1 statement, itemizes all the costs associated with the closing. You’ll need for income tax purposes and when you sell the home.
  • The Truth in Lending Statement summarizes the terms of your mortgage loan.
  • The mortgage and the note (two pieces of paper) spell out the legal terms of your mortgage obligation and the agreed-upon repayment terms.
  • The deed transfers ownership of the property to you.
  • Affidavits swearing to various statements by either party. For example, the sellers will often sign an affidavit stating that they have not incurred any liens on the property.
  • Riders are amendments to the sales contract that affect your rights. For example, if you buy a condominium, you may have a rider outline the condo association’s rules and restrictions.
  • Insurance policies provide a record and proof of your coverage.

www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.

Click here for printer-friendly format

Contact Me

Contact me for more information.

Your Contact Info

* Required fields are blue
First Name
Last Name
E-mail
Phone

What Are You Looking For?
Property Type
Price Range
 to 
Desirable Towns or Communities
Bedrooms
Bathrooms
Square Footage
Time Frame

Your Address
Address
City
State/Province
ZIP/Postal Code
Your Message