Southwest Florida Title Insurance & Real Estate Blog -
Certificate of Title

This is the ninth of FSBO: 10 Tips for Selling Your Real Estate which can be downloaded as a free guide.

Once you’ve accepted an offer to sell your home and have finalized the contract, it’s closing time! But first, you should make a list of all the things that you and your buyer must do before closing.

For example, the property may need to be formally appraised, surveyed, inspected or repaired. Depending on the written contract, you may pay for all, some, or none of these items.

Your title company or real estate attorney can help you review this list and ensure you understand what you will be responsible for.

If each procedure returns acceptable results as defined by your contract, then the sale may continue. If it is discovered that there are problems with the home, then your next step will depend on the terms set forth in your contract.

At this point, you or the buyer may decide to walk away, open a new round of negotiations, or proceed to closing.

Once an offer is accepted, any earnest money from the buyer should be deposited with the title company. In some states, so-called “escrow companies” hold these funds. However, in Florida a title company or the attorney handling the real estate settlement and title insurance could hold the earnest money.

When you submit a fully executed agreement to the title company, the title work will begin.  The title process starts with a title search – a search of the public record that discloses documents of record that could affect the title to the property. Examples of such documents include:

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My company, Winged Foot Title, (a Fort Myers title company) understands the value of home ownership. More importantly, we understand the value of protecting the American dream. We know that title insurance is the key to eliminating risks in real estate transactions.

Title insurance is valued by:

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Winged Foot Title has received an email from a client…

…that raves about their closing services!

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NOT LEGAL ADVICE: This information is not to be construed as legal advice. Legal advice must be tailored to the specific circumstances of each case. Every effort has been made to assure that this information is up-to-date as of the date of publication. It is not intended to be a full and exhaustive explanation of the law in any area. This information is not intended as legal advice and may not be used as legal advice. It should not be used to replace the advice of your own legal counsel.

Winged Foot Tite, LLC is not associated with the government, and our [short sale orchestration] service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.