For Sale by Owner Assistance in Broward County
1031 Exchanges provide investors with one of the best tax strategies for preserving the value of an investment portfolio. By using an exchange, the investor is able to defer the recognition of capital gains taxes that would otherwise be incurred on the sale of investment property. The investor can then use the entire amount of the equity to purchase substantially more replacement property.
At Consumers First Title, we have an abundance of knowledge when it comes to these types of transactions and work seamlessly with the intermediary to ensure that your Exchange is completed within the necessary timeframes. We work directly with your intermediary to consummate a seamless exchange through closing.
At Consumers First Title, we have an abundance of knowledge when it comes to these types of transactions and work seamlessly with the intermediary to ensure that your Exchange is completed within the necessary timeframes. We work directly with your intermediary to consummate a seamless exchange through closing.
1. It is best that you contact Consumers First Title (“CFTC”) before you actually begin the process of looking for a home.
2. Once you have contacted CFTC and find a home you would like to purchase, any deposit that you make on that home will held by CFTC.
3. To the extent that you need to make an offer on the home, CFTC will guide you in the preparation of your offer.
2. Once you have contacted CFTC and find a home you would like to purchase, any deposit that you make on that home will held by CFTC.
3. To the extent that you need to make an offer on the home, CFTC will guide you in the preparation of your offer.
4. Once your offer is accepted, any additional deposits will also be held by CFTC.
5. Once a contract is signed, the friendly staff of CFTC will assist you with any additional arrangements necessary prior to closing.6. After that, the staff at CFTC will take charge and make sure that there are no liens on the property, the taxes have been paid and any association fees or dues have also been paid.
7. CFTC will then prepare a closing statement for your review, collecting all the costs and credits that you are entitled to as a purchaser of the home.
7. CFTC will then prepare a closing statement for your review, collecting all the costs and credits that you are entitled to as a purchaser of the home.
