Closing & Title Services

Real estate transactions can be complex. Exclusive Royal Realty can recommend some reputable Title Companies to make your real estate closings simple and understandable. These are the same companies that we use to close all our real estate deals.

The following Title Companies/Attorneys may further assist you with your closings:

Alan J. Marcus, Esq at Aventura Corporate Center 305-937-1800

Arnold (Skip) Straus Jr. at Enterprise Title 954-431-2000

Harvey Schneider, Esq at NP Law 561-391-9199

 

SOLD!! What Happens Next?

Now that you have decided to buy or sell your property,
what happens between now and the time it becomes
legally owned by you or another party?

Services provided by a Closing & Title Company:

Earnest Money- An agreement to convey starts the
process once it is received at the title company.
Loan application is made by the buyer and approval
is usually subject to a credit check, and appraisal
and sometimes, a survey of the property.

Tax Check- What taxes are owed on the property?
The various assessor-collectors are contracted by
Closing & Title Services, Inc.

Title Search- Copies of documents are gathered
from various public records: deeds, deeds of trust,
various assessments and matters of probate,
heirship and divorce and bankruptcy are addressed.

Examination- Verification of the legal owner and
debts owed.

Document Preparation- Appropriate forms are
prepared for conveyance and settlement.

Settlement- An Escrow Officer oversees the
closing of the transaction: seller signs deed, buyer
signs new mortgage, old loan is paid off and the new
loan established. Seller, real estate agents,
attorneys, surveyors, title company and others
performing services for the parties are paid. Title
insurance policies will then be issued to you and
your lender. In some cases some of these functions
are performed by attorneys, escrow companies,
title companies, and their agents.