THE CLOSING COMPANY
Toll Free: (877) 900-0036 or (305) 271-0100 x 701
Tips for a Stress-Free Closing
Work with a signed contract A purchase contract signed by all buyers and sellers is the roadmap to a successful closing. Make sure to specify a set closing date. We can prepare a contract for you at no additional charge
Closing Costs Ask your lender, realtor and title company what your closing expenses will be. This is know as a "Good Faith Estimate".
For Sale by Owner Buying and selling on your own has pros and cons. Make sure to have a checklist of what you should be doing or what needs to get done. Have an Attorney or Title Agent review your contract prior to signing and make sure all expense and repair issues are addressed in advance.
Shop around and you will most likely save hundreds of dollars, if not thousands. Get all your estimates in writing. You may also use our handy closing costs calculators for both refinance or purchases at the following link. Closing Costs Calculator
Seller's Disclosure Get one ! Even on a For Sale by Owner. Make sure you are aware of what the seller knows is wrong or needs repair on the property.
Property Inspection Do not even think about buying a property with out one. No matter how new or how clean a property appears, inspectors know how to search every nook and cranny of roofs, electrical systems and plumbing just to name a few. Termites, mold and water damage are extremely common in Florida and costly to repair.
Survey Surveys are required for lenders and title companies on single family homes only. A survey will show any potential encroachment (something crossing over your property boundary) or utility easements (i.e. Florida Power and Light or a road easement). Whether financing or paying cash, a survey is relatively low cost (approx. $350) and provides a homeowner peace of mind.
Signing Make sure all buyers and sellers are available to sign the day of closing. If not documents can be signed in advance, by overnight mail and in certain cases using a Power of Attorney. All Power of Attorneys must be approved in advance.
Is the property for sale part of an estate or in probate? If an owner on property that is being sold is deceased, we will need a legible copy of the death certificate and probate documents in order to close. Make sure everyone in the transaction is aware if a property is in probate.
Legal advice Get legal advice when being asked to sign any unusual documents that do not seem customary. Do not sign documents transferring legal title to your property without consulting an Attorney.
