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Florida LLC Formation: How to Make It Happen

August 12, 2019

A Limited Liability Company (LLC) is the best option for startups because it contains all the protections of a corporation without the complex maintenance. You can form an LLC as one person or if you have one partner—it does not have to be a large company (although it works for big businesses as well). Here are the steps you need to take for Florida LLC formation in Miami, FL: Choose a name: Your business requires a unique name that must contain the initials “LLC” or state “Limited Liability Company.” Most company names have LLC following their primary name (for example,... View Article

When Do You Require an Injury Lawyer?

July 29, 2019

Many people underestimate the effects of an auto accident or premises injury. It may seem like a manageable event until recovery, paperwork and maintaining the rest of your life all collide. In these cases, hiring an injury lawyer in Miami, FL after an accident becomes your best course of action. Here are five scenarios that make an injury lawyer a valuable ally when you face the effects of an accident: Serious injuries: Bone fractures or head injuries require expert attention, not only from your doctor, but also from your legal team. If the effects of these injuries are long term... View Article

What Is Private Mortgage Insurance?

July 10, 2019

Private mortgage insurance exists to protect your lender in the event you default on your mortgage payments. In most cases, a lender will require you to purchase PMI if you put down less than 15 or 20 percent on your home purchase. The PMI cost then gets automatically added to the amount you pay on your mortgage each month. Over the course of time, these PMI payments can really begin to add up, so you’ll want to get those costs removed eventually. To do that, your lender will likely require you to have reached a certain amount of accumulated equity... View Article

The Advantages of Owning vs. Renting a Home

June 26, 2019

For many Americans, homeownership is a big part of the American dream. Of course, home ownership isn’t all sunshine and roses—it’s a big financial commitment and a whole lot of work. This makes purchasing a home one of the biggest decisions you’ll ever make in your life. If you’re currently at a time in your life where you’re renting and are considering buying a home, it’s very important for you to weigh whether or not this is the right decision. As part of your consideration, you should consider the many advantages that come with homeownership over renting a home. Here... View Article

Five Questions to Ask About Title Insurance in Miami, FL

June 12, 2019

Do you know enough about title insurance in Miami, FL to purchase a home? Are you familiar with the laws surrounding title insurance? If your knowledge level is lacking, use the following guide. These questions will provide an overview of title insurance in Miami, FL to educate you on the basics of this important topic. If you have additional questions, don’t hesitate to contact a local real estate attorney at the office of Ruben J. Padron, PA. How much coverage do I need from title insurance in Miami, FL? Your lender may require additional insurance on your mortgage or your... View Article