Simply by way of the structural differences in the instruments and the rights and interests they protect and secure.It is good you have had a long history without issue.  

@Hannah Hammond  I would assume your going to use the 200k to pay cash and have no debt.. other than if your private lender wants a debt instrument on the property. so that's your budget .. what ever works..

@Jeff Rappaport has good information on the types of instruments.  

It is certainly NOT ideal to be making swift assumptions based on automated calculators only - agreed!

Matt was instrumental in the negotiations of this house and I would absolutely recommend him to anyone (especially investors) looking to buy a home in the Greater Pensacola area.

You can usually find some information through the automated system IF you have the SSN, which I'm assuming you don't. 

There is a point that this really does seem to become overwhelming (and to think that I THOUGHT I had things automated - I've got a ton more to do), but don't fear - your growing!

If you transfer the property into a trust, the trust is viewed as an estate planning instrument and the bank will be fine. 

I think of myself as good with Excel, but I prefer automation and syncing my bank accounts with a program.I do use Excel for a static estimator.

Deeds and other instruments; recording; when effective as notice; possession of real estate; not effective as notice; when.(1) Except as otherwise provided in sections 76-3413 to 76-3415, all deeds, mortgages, and other instruments of writing which are required to be or which under the laws of this state may be recorded, shall take effect and be in force from and after the time of delivering such instruments to the register of deeds for recording, and not before, as to all creditors and subsequent purchasers in good faith without notice.