Close Under Clear Skies
With our extensive experience and expertise in the industry, we understand the complexities of the local real estate market. Whether you’re a first-time homebuyer, an experienced investor, or a seasoned realtor, we are here to guide you through the entire process and ensure a smooth and efficient transaction.
Removing the Clutter from Your Home-Buying Journey
As an impartial third-party entity, Palm Title plays a vital role in facilitating your home-buying process. We handle essential tasks such as conducting thorough title searches, consulting with all involved parties to set the closing date, and ensuring that all necessary documentation is obtained by the closing deadline.
The Essential First Step in Home Ownership
A title search is a key step in the home-buying process. It involves a detailed examination of public records to confirm the legal owner of the property and uncover any title defects or encumbrances.
As a leading title company, Palm Title conducts comprehensive title searches to ensure the property’s title is clear of any issues. This process includes researching the chain of title, conducting property surveys, and providing a title abstract for review before closing on the home.
Your Home’s Boundaries Are Important
Property surveys are a crucial part of the title search process that Palm Title conducts. One of the primary purposes of property surveys is to verify that the home you’re purchasing aligns with the space indicated on the title. This involves confirming the property’s boundaries and ensuring that it does not encroach on neighboring properties or public land. By comparing the legal description of the property with its physical boundaries, surveys help mitigate the risk of boundary disputes and legal issues down the line. The legal issues could potentially affect your ownership rights.
Palm Title enlists professional surveyors to conduct these property surveys, ensuring the accuracy and reliability of the results. This meticulous process provides an added layer of assurance, enabling you to proceed with the real estate transaction confidently.
Title Insurance
Your Protection Against Unforeseen Claims
Buyer’s Title Insurance Policy: What It Covers and Why You Need It
The buyer’s title insurance policy is designed to protect the home buyer’s investment. This policy covers any legal fees, unpaid taxes by a previous owner, or other title defects that might arise after the purchase. Essentially, the owner’s policy protects the home buyer from any discrepancies in the property’s title that were not identified during the title search process.
Title Insurance Cost and Coverage
Title insurance cost is typically a one-time fee paid when closing on the property. It covers the home for as long as the it is owned by you or your heirs. While the seller of the home usually pays for the buyer’s title insurance policy, the buyer pays for the lender’s policy. Title insurance protects against financial losses or legal costs from claims or lawsuits related to previous owners.
Closing Process and Settlement Services
In addition to our standard services, we also offer settlement services to assist with any necessary changes or adjustments before the closing date, further enhancing the efficiency and convenience of the process.
We’ll Simplify the Closing Process
As part of our commitment to a smooth closing, we handle all necessary changes before the closing date, such as adjustments to the final loan amount or the addition of a cosigner. We coordinate with all parties involved, ensuring that all legal documents are in order and that everyone is well-prepared by the closing date.
Easy Closing For Your Real Estate Transaction
Beyond conducting title searches and providing title insurance, Palm Title also offers settlement services to help close your real estate transaction. This includes preparing and reviewing the closing disclosure, calculating the final closing costs, and managing the signing of legal documents.
As a neutral third party, Palm Title ensures that all aspects of the closing process are handled fairly and transparently. This includes making sure that all funds are correctly distributed and that the legal owner of the property is properly recorded in public records. With Palm Title’s settlement services, you can be confident that your real estate transaction will be closed with utmost precision and professionalism.
Remote and Physical Closings
Flexibility for Today’s Home Buyer
Recognizing the need for flexibility in today’s fast-paced world, Palm Title offers both remote and physical closings. This means you can choose the option that suits you best, whether you prefer the convenience of closing from the comfort of your own home or the reassurance of a face-to-face meeting.
Remote closings allow you to review and sign all necessary legal documents electronically, saving you time and potentially reducing closing costs. Physical closings, on the other hand, provide an opportunity for you to ask any last-minute questions and ensure that all documents are correctly understood and signed.
Behind the Scenes
How Palm Title Streamlines Your Closing
Palm Title is committed to ensuring a smooth and efficient closing process. We handle all the behind-the-scenes work, reaching out to you only when necessary. This approach allows you to focus on the excitement of your home purchase rather than getting bogged down in the details of the closing process.
We also harmonize with the mortgage lender, real estate agent, and other parties involved, ensuring that all necessary steps are completed in a timely and efficient manner.
Our Recommendation
Choose an Attorney-Owned Title Company for Your Home Purchase
One standout feature of Palm Title is that it is an attorney-owned and operated title company. This means that not only do they have a real estate attorney of record, but the company is also owned and operated by a legal professional. This gives them a unique advantage in navigating the complex legal landscape of real estate transactions.
An attorney-owned title company like Palm Title can provide expert legal advice and guidance throughout the home-buying process. They can help you understand the legal implications of your property survey, interpret the fine print of your title insurance policy, and provide advice on handling any potential title claims.
Navigating Changes Before Closing
The Palm Title Advantage
When buying a home, unexpected changes can often arise before the closing date. These changes may include alterations in the final loan amount, the addition of a cosigner, or even the discovery of title defects.
Navigating these changes can be daunting for both the buyer and the seller. With Palm Title, you have a trusted partner that can guide you through making these changes with ease.
Palm Title’s team of real estate professionals and attorneys is well-versed in handling such changes. We work closely with all parties involved, including mortgage lenders and real estate agents, to ensure that these changes are addressed promptly and efficiently. By doing so, we help avoid any delays in closing and ensure that the real estate transaction progresses smoothly.
With Palm Title, you will close “under clear skies” and have your dream of owning a home in South Florida.
Call (954) 824-9920 or CLICK HERE to use the simple online form
Title Company: Home Buyers and Sellers | FAQ
Who gets to choose the title company in Florida?
Why does a buyer need a title company?
Is it worth shopping around for a title company?
Consider factors like the company’s reputation, the scope of its services, and its ability to provide a title insurance policy. Palm Title, for instance, stands out for our meticulous title searches and the protection we offer through owner’s title insurance.