Our employees are experienced professionals who are eager to work with you and make your closing an enjoyable experience. All employees have their own specialties, are meticulous in their work and have a combined 70+ years experience in the real property title search industry.
When you obtain a home, in fact you are buying the title to the real property - which is the legal authority to own and use the territory. That title may be disputed based on former rights and claims asserted by others. These types of assertions can intrude upon your investment in the real estate or make you experience a financial lose.
A property title search is an accurate research of the chronologic documentation concerning a property. These records include property and name indexes, deeds, court records and many other authority archives. The aim of the title search is to report the seller's legal right to transfer ownership, and to bring to light any claims, faults and other rights or encumbrances on the property.
A property title history can reveal a number of title faults and liens, as well as other burdens and conditions. These might include judgments against the seller, lis pendens, unpaid taxes, unsatisfied mortgages, foreclosures and bounds limiting the use of the land.
Cash flow nothing but the difference between your income and your expenses on a real estate property. You could have a positive cash flow or even negative one. Any body would love to have positive cash flow. On cash flow you receive, never use all of it for rapid debt reduction. You would be walking on a thin line. Keep a strong positive cash flow, and then you would have more options and space to plan.
Appreciation: Appreciation simply means increase in the value of real estate property. There are two types of appreciation. The first is "Inflation" that is economic conditions beyond your control. You may not gain much form this type of appreciation as the gain is balanced by higher cost of living. The second type is market appreciation, which you could control. When you develop your property, you increase the value higher. You could buy a piece of real estate property in need of repairs and bring it back up to neighborhood standards property or slightly higher; this would in turn give you a property that is much higher in value.
Leverage: Leverage is a capacity of borrowing a certain percentage of the value of a piece of property. Real estate, in comparison other field investments, offers you an extremely high degree of leverage. In some real estate investing, a couple buying a single-family home could obtain 95% financing. This further allows people to purchase real estate property with little.
Amortization: With leverage and the use of other people’s money, comes with a repayment schedule. Your outstanding balance is decreased with every payment made by you. Part of each payment goes to interest and rest of the payment goes to pay the principal. The principal reduction is called amortization, dropping debt. Hence, amortization could make you opulent, slowly and steadily.
Tax advantages: Owning real estate with the objective of making a profit allows you to withhold interest payments and other expenses come tax time. But don't be fooled into buying real estate for the tax advantages; rather, buy it as it makes economic sense to do so.
The friendly professionals at American Agency combine personal service with the ability to deliver quick and timely closing services anywhere throughout the United States through the use of state of the art technology. Our in-house legal counsel helps us maintain the highest level of accuracy by providing professional expertise and carefully examining each document for any inaccuracies before it is released.