|

When you purchase real estate in the State of
Florida, it is customary for the buyer to select
the title company that will handle the closing
transactions for both parties. Colonial
America Title Services provides all the services
that a buyer requires to close.
Are you closing on a pre-construction (new)
condo? CLICK
HERE to read how we can save you money.
IF YOU ARE
BUYING A PROPERTY, THIS IS WHAT WE DO FOR YOU:
-
We hold your deposit in
escrow
-
We provide Title Insurance
to you and/or your lender
-
We coordinate the closing of
the property with all related parties
-
We prepare all the documents
necessary for closing
-
We distribute the proceeds
to the seller, lender and any other party
that will be receiving funds
-
We record the documents
(deed, mortgage, etc) with the county
offices
-
We hand you the deed to the
property and any other documents related to
your closing. We even put together a
nice, organized file for your future
reference. We can also put everything
onto a CD.
HOW TO GET
STARTED WITH US:
-
BEFORE YOU MAKE YOUR
OFFER ON ANY PROPERTY, READ THIS.
If you are planning to make an offer on a
property, your REALTORŪ will normally use a
Florida standard Contract form, called a
FAR-9 to make the offer. Since it's
customary to present a deposit check with
your Offer, you will need to decide ahead of
time to whom the check should be written to.
You, obviously, won't write a deposit check
to the seller. You want that check to
remain with a dis-interested (neutral) third
party. Some real estate offices hold
escrow deposits, but not all. The
easiest thing to do is have the check made
out to COLONIAL AMERICA TITLE SERVICES.
This way you have the assurance that your
deposit will be placed in a proper escrow
account. Our company is regulated by
the State of Florida, and we are required,
by law, to hold your money in a proper and
trusted manner. If you are going to
write your deposit check to our firm, the
Contract form that you use to present your
offer must also identify our firm as the
ESCROW AGENT. This will be on lines
21-24 of the FAR-9 form. If this seems
a bit complicated, don't worry. Your
REALTORŪ will be filling in all the
paperwork. You merely need to let them
know that our firm will be your escrow
agent.
-
You then merely give us the
check, along with a copy of your Offer.
-
Once you have a
FULLY-EXECUTED Contract you merely need to
send us a copy of the Contract, and we will
start the process of getting your documents
ready for the closing.
-
If you and the Seller are
unable to come to terms on price, and you
elect to terminate your Offer, you merely
need to notify us in writing and the funds
that you have placed into escrow are
immediately returned to you. There
will be no charge for returning escrows for
deals that do not come together.
We are happy to explain more of
the process at any time. Plus, we welcome
your questions.
Our fees are very reasonable and
competitive. We do not gouge you with
unnecessary fees and charges. We
understand that you are spending a lot of money
on your property, and every penny counts.
LEARN MORE ABOUT OUR FEES.
|