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WHAT IS A 1031 EXCHANGE?

 

A 1031 exchange, also known as a tax-deferred exchange, allows you to exchange investment property and defer the "capital gains", which is the difference between the purchase price and selling price, when the selling price is greater, and "depreciation recapture taxes", which is the element of capital gain attributable to depreciation deductions taken on your property in prior years.

 

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When you choose Barrister Title Company you are choosing the best in the industry





While we know price and service is important, experience and legal knowledge to protect your rights are even more important. When you choose your title insurance company chose the company that has the legal knowledge and expertise to ensure that you are receiving a clear marketable title, free of any "defects".This power of choice is a tool you can use to be sure your closing goes as smoothly and quickly as possible. Closing is about preparation, service and anticipating your needs before and long after the closing. Making the right choice on service is a major component of Value and can save you thousands of dollars in the long run.

 

  • Butler Rebate

    The savings could be 30 percent or more of the original title policy. In Florida there is a "Butler rebate" decision which led the way in allowing title insurers to deeply discount their fees on title insurance, and now on closing fees.

  • Refinance transactions

    Barrister Title can also coordinate the settlement process between borrowers and lenders. Having fewer parties involved in the process allows refinance closings to be conducted by our agents.If you are refinancing and have a previously written Owners or current Lender's Title Policy, ask if you qualify for a "reissue rate" or "substitution rate".

  • Escrow Services

    Many business and personal transactions require the services of an independent escrow agent to hold title to property or potential proceeds. Barrister Title Company can provide the professionalism that these transactions demand. Barrister Title Company will consult with all parties to help tailor an arrangement that provides for all circumstances. Once the plan is created, we will hold title to the property and proceeds until the conclusion of the transaction.

  • Real Estate Closing Services

    We can provide you with a full range of real estate services. We can prepare the HUD-1 and other necessary documentation. We can provide you with escrow services and handle the disbursement of payments to remove existing liens and mortgages. We can help remove existing liens and mortgages. We can make sure that the mortgage and title insurance companies requirements are fully met and ensure that all documents are correctly filed with the Clerk of the Court. With Barrister Title Company all of our closing are overseen by one of our attorneys.

  • Home Warranty

    Barrister Title can assist you with the purchase of a home warranty. Home warranties generally cover major systems such as heating and cooling systems, plumbing, electrical, and large appliances. Some may also cover roofs, pools, spas, pumps, ceiling fans, private septic systems and wells as well. These contracts normally insure these systems regardless of the make and model or age. Home warranties allow for the repair or replacement, for a full year upon closing, and existing home's covered systems that unexpectedly stop working due to normal wear and tear. The policies are prepaid for a year in advance, at which time they expire or can be renewed. Whether purchasing or selling a home, it is nearly impossible to predict when problems may occur. Unplanned repair expenses can likely create a significant strain on a family budget. It's a good idea to get a Home Warranty or Home Protection Plan. It's especially a good idea to obtain a home.