Buying a home is one of the most exciting times in your life. It can also be one of the most complex. You have spent months trying to find the perfect home, negotiated the price, and waited for all the pieces to fall into place for this moment: Closing Day.
As your title company, Venture Title Services is responsible for ensuring the integrity of the real estate transaction. We will confirm the property’s status, review the contract terms, and remit the funds at the appropriate time to the appropriate parties. Here are a few things you should know before you head to the closing table.
How to expedite a closing
New homebuyers in Florida are excited to complete the transaction and expedite the closing process so they can quickly move into their new dream home. Transparent disclosure of your information to your title company and the lender is crucial to help move things along. The difference between days of delays and a quick close is how quickly this information is provided.
As your title company, Venture Title Services would need to know if you have experienced any of the following as they directly impact how to proceed in your Florida real estate closing.
- Bankruptcy
- Marriage
- Divorce
- Marital separation
- Death of buyer or seller
- Existing contract or deed
- Foreclosure
- Foreign seller
- Guardianship or incompetency of seller
- Liens/judgements against property owner
- Power of attorney
- Property easements
- Shared driveway
- Trust
What documents to bring
The Consumer Financial Protection Bureau’s 3-Day Closing Disclosure Rule indicates that your closing period begins 3-days before the date that you will sign your documents. At this time, Venture Title Services will provide details and final costs associated with your Florida real estate closing.
On closing day, you need to bring a government-issued photo ID. Beyond that, you need to be excited and ready to sign! Our experienced escrow officers will guide you through the process.
How to keep record of your closing documents
After the successful completion of your real estate closing, you are now the proud owner of property in Florida. Our office will record your deed to legally document your ownership of your new property. We will then deliver your confirmation and complete closing packet. It is essential to store this documentation in a safe place.
A real estate closing is a complex and sometimes frustrating process. Venture Title Services is here to provide clarity throughout the transaction process. We hope you find your dream home in Florida and feel confident in the smooth process of closing.
Ready to make a move? Venture Title Services can help ensure your transaction is smooth and stress-free. Contact us today.
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