REAL ESTATE CLOSING IN FLORIDA
Buy or Sell Your Property with Confidence
It may not be a requirement to hire a lawyer to close a real estate transaction in Florida; however, it is highly recommended.
Title insurance premiums are based on promulgated rates set by the State of Florida. Therefore, insurance rates offered to consumers are generally the same between title companies and law firms. Hiring a qualified and experienced lawyer to conduct a real estate closing in Florida is always beneficial, and more often the settlement/closing fees charged by a lawyer are less than the rates charged by a title company.
Unlike a title company, a real estate lawyer can provide in-depth, legal explanations about the important transaction documents you are required to sign, as well as the implications of any potential title issues, defects, encumbrances, and/or restrictions.
In addition, a real estate lawyer can draft unusual and/or complicated transaction/documents that a title company may not be aware are necessary to complete the closing. An attorney is also able to more effectively work with lenders and banks in satisfying mortgages and/or liens on the subject property in order to prevent any delays in closing.
I am affiliated with Old Republic National Title Insurance Company and Attorneys’ Title Fund Services, LLC (“The Fund”), one the highest rated underwriters in the industry. Along with providing competitively priced closing/title services, I provide real estate legal services at one low, combined rate. Most often, fees for real estate legal services are paid out of the closing costs, so you do not need to worry about incurring any out-of-pocket expenses.
Contact me today to learn more!