WE MAKE REAL ESTATE INVESTMENT EASY FOR OUR INVESTORS
The purchase process is transparent and agile.
We offer a complete service to make real estate investment easy. Our investors have control and access to the management of their properties at all times.
The steps in the purchase process are:
1. Property reservation:
When an investor decides to buy, a reservation of the chosen property is made, which will be put on hold for the purchase contract to be sent.
2. Purchase agreement:
Clearly specifies the basic terms and conditions of the purchase. It shows the property that is sold, the time it will take to complete the purchase and the details of the necessary inspections.
3. Ernest Money Deposit (EMD):
A withholding deposit of about $1,000 – $2,000 is sent by the buyer to keep the property reserved while all checks are prepared. The deposit is refundable if the investor changes their purchase decision. The withholding deposit is held in Escrow by the title company.
4. Property Registration Title:
When the contract and deposit have been received by the securities company, the necessary controls are initiated to provide a clean and charge-free title to the investor.
5. Lease copies and inspections:
While the notary work is being carried out we provide copies of the leases. In this time period you can organize or carry out an independent property inspection and send a report to the buyer.
6. Simple note and closing documents:
Once the checks are completed the rest of the funds will be sent discounting the initial deposit. Within one week of purchase, a Deed will be issued and emailed to the buyer.
What is a title company ?
The American purchase process is fast and transparent.
When selling a house to our clients we always use a title company.
A title company makes sure that the title to a piece of real estate is legitimate and then issues title insurance for that property.
The title company makes sure a property title is legitimate so that the buyer can be confident that once he buys a property, he is the rightful owner of the property.
To ensure that the title is valid, the title company will do a title search, which is a thorough examination of property records to make sure that the person or company claiming to own the property does, in fact, legally own the property and that no one else could claim full or partial ownership of the property.
Once the title company is sure that the title is legitimate, they then issue title insurance for that property.
Title insurance proves a clean title and protects the buyer and/or owner against claims against the property.
Title companies also maintain escrow accounts — these contain the funds needed to close on the home — to ensure that this money is used only for settlement and closing costs, and conduct the formal closing on the home.
At the closing, a settlement agent from the title company will bring all the necessary documentation, explain it to the parties, collect closing costs and distribute monies.
Finally, the title company will ensure that the new titles, deeds and other documents are filed with the appropriate entities.