Learn Your Community Resources

 

Learn Your Community Resources.

A knowledgeable Realtor is usually the best resource for local information about schools, parks, churches, shopping, and other resources. Also, you can find good information on the Internet at local government websites, and by contacting the local Chamber of Commerce. Often, they provide promotional literature, welcome kits, maps, and other information.

You can get information about school systems by contacting the city or county school board or the local schools.

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Learn Your Community Resources

You may also want to visit the local library. It can be an excellent source for information on local events and resources and the librarians will probably be able to answer many of the questions you have.

At First Title & Abstract, Inc., we can provide for you a list of important phone numbers for utilities, cable, and local services.

Just give us a call, or email us, and we’ll be glad to help!

When you need a closing agent and title company think of us FIRST!

Naples, FL Title Company First Title & Abstract, Inc. was the FIRST title company in Naples, Florida and has been serving Southwest Florida for nearly forty years!

 

What Is Equity?

 

What Is Equity?

Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current market.

The example this video shows – you have a house worth $300,000 today and you owe the bank $200,000.  Your equity would be $100,000.

If the house is valued at $500,000 in five years, and you still owe $150,000 your equity will be $350,000.

Equity grows if the property value goes up or if the amount owed goes down.  The key thing to remember, simple as it sounds, is that you “own” increases in value. The bank’s loan doesn’t go up if the home’s value goes up.

Increasing the value of your home is possible through “sweat equity” — work you do yourself on the home, including improvements to the inside and outside.

Equity in a home can be used as collateral for loans but a house is not a piggy bank. In other words, allow your home to build wealth for you, but don’t use it to live beyond your income means.

Home equity can become a key financial asset over time; treat it wisely.

At First Title & Abstract, Inc. we are the FIRST choice among title companies in Naples, FL and Marco Island, FL.

No other Naples FL title company can offer the reliability, experience, and friendly service.

We believe in “Putting You FIRST!”