Por: Alejandro E. Jordan, Esq. El proceso de comprar una propiedad es un viaje multifacético que involucra numerosos pasos para garantizar una transacción fluida y segura. Un elemento crucial que desempeña un papel fundamental en este viaje es la cuenta de fideicomiso. Una cuenta de fideicomiso actúa como un resguardo,…
By: Alejandro E. Jordan, Esq. Purchasing a property involves navigating through a series of intricate financial processes. Two terms that often surface during these discussions are “escrow account” and “down payment.” While these concepts are interrelated, they serve distinct purposes in a real estate transaction. At ESQ.title, a distinguished real…
By: Alejandro E. Jordan, Esq. When considering a real estate transaction, potential buyers are often on the lookout for ways to maximize their savings and make the most of their investment. One such opportunity that has gained popularity in recent years is the buyer rebate. A buyer rebate is a…
By: Alejandro E. Jordan, Esq. When buying a property, it’s essential to be prepared for the costs associated with the closing process. Closing costs are the fees and expenses incurred by both buyers and sellers during the final stages of a real estate transaction. Understanding these costs and having the…
By: Alejandro E. Jordan When you’re ready to embark on the exciting journey of buying a property, one of the essential steps is determining how much loan you are eligible for. Lenders assess various factors to evaluate your creditworthiness and ability to repay the loan, which ultimately determines the amount…
By: Alejandro E. Jordan, Esq. The world of real estate can be complex, with numerous intricacies to navigate for both buyers and sellers. One of the essential components of a real estate transaction is the escrow process, which acts as a safeguard for all parties involved. At ESQ.title, a reputable…
By: Alejandro E. Jordan, Esq. When you embark on a real estate transaction, you’ll likely encounter the term “escrow.” For many buyers and sellers, this concept may seem complex and intimidating. However, understanding escrow is essential for a successful real estate deal. At ESQ.title, a reputable real estate law firm…
By: Alejandro E. Jordan, Esq. The real estate market is ever-evolving, and recent trends have shown a significant shift in distressed asset classes. According to recent reports, offices have overtaken malls as the most distressed asset class in the second quarter, with a staggering $25 billion worth of troubled properties,…
By: Alejandro E. Jordan, Esq. A 1031 exchange is a powerful tax-deferral strategy that allows real estate investors to sell a property and reinvest the proceeds into another property, all while deferring capital gains taxes. However, one of the challenges investors face in a 1031 exchange is finding suitable replacement…
By: Alejandro E. Jordan, Esq. A 1031 exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another property, all while deferring capital gains taxes. However, it’s crucial to understand and manage the time constraints associated with a 1031…