For Sale By Owner:
If you are selling your home chances are you have experienced the closing process from the Buyer’s side. Now as the seller, what can you expect? You may have enlisted the help of a qualified Real Estate Agent to help in the selling process. They are able to assist and give you guidance throughout the process. Whether you choose a real estate professional or not you will still need a title company for the closing settlement procedure. In many areas of the state of Florida such as Central Florida, the Seller pays for the Owner’s Title Insurance Policy and therefore will normally have the choice of which title company will assist you with the transfer and sale of the home. In other areas it may be customary for the Buyer to pay all title fees and to have the choice of the title and closing provider.

Contract:
It is important to realize that only a licensed Real Estate Agent, an Attorney, or you as an individual can prepare a Contract for Purchase. A Contract should be clear and should detail all agreements between you and your Buyers.

Earnest Money Deposit:
If you are selling your property yourself, you can enlist your title company to help you with your closing needs. As the title company, we are able to hold the Buyer’s Earnest Money Deposit. A copy of the executed contract between you and the Buyers stating “Palm State Title” as the company holding the deposit will need to be provided along with the funds to create the escrow account.

Closing Documents:
We will prepare all closing documents on your behalf. Our first step is to have the title search completed which provides us with the status of your title and lets us know what steps must be met in order to transfer a clear title to your Buyer. We work diligently to clear all outstanding issues prior to closing. We will close the sale based on the terms stated in your contract. We will record all documentation required to obtain a free and clear title and transfer the title to the new Buyer.

Closing fees:
We will collect all required funds and disburse all funds as stated on the Settlement Statement prepared for closing and is signed and agreed to by all parties. As the “third party”, we represent all parties and our responsibility is to assure everyone’s interests and needs are accounted for while creating a free and clear title being transferred by you the Seller and closing to the terms of your contract.

Policies:
We will issue the new “Owner’s Title Policy” to the new Buyer and any “Loan Policy” to the Buyer’s lender that may be required depending on the Buyer’s financing of the transaction once all documents have been recorded.

Services:
Any mortgage payoffs you may have will be paid through the closing and will be sent overnight to your current lender(s). Any property taxes due will be paid through the closing. Transfer information will be provided to the community Homer-Owner Association, if any, along with any fees collected at closing that the association requires.

Our knowledgeable team is ready to provide caring, friendly, professional experience in our quest to assist you with one of the biggest transactions you may have. We take our business seriously but have fun doing it. Come experience it with us.