Closing on a Florida Keys home?

Closing on a Florida Keys home is a significant step in the real estate process. You have a choice between using an attorney or a title company to facilitate the closing. Typically, real estate agents in the Florida Keys recommend their clients to work with local attorneys for a smooth closing process, but ultimately, the decision is yours.

Attorney or Title Company: Whats the Difference?

Attorney:

• Attorneys can offer legal advice and protect your interests during the closing process.
• They can assist with complex legal issues and contractual matters.
• Hiring an attorney may provide added peace of mind, especially for unique cases.
• Charge More than a title company

Title Company:

• Title companies specialize in ensuring a clean title for your property.
• They handle the title search, insurance, and the closing process efficiently.
• Title companies can streamline the process, often with lower costs compared to attorneys.

Funds at Closing:

No matter if you opt for an attorney or a title company, it’s crucial to prepare for the financial aspect of closing. It’s important to note that your real estate agent does not handle the disbursements; this responsibility falls to the closing agent.

• Closing Statement: Prior to the closing, you’ll receive a Closing Disclosure or Settlement Statement. This document outlines all the financial details of the transaction

• Bank Information: Before the closing, you will provide the attorney or the title company with your bank information so that they can facilitate the wire transfer of your funds.

Signing the Paperwork: In-Person or Mail-Away?”

When it comes to the final steps of a Florida Keys home closing, there’s one task that often stands out – signing the paperwork. But how do you prefer to handle this crucial step – in-person or by mail? Let’s explore both options:

In-Person Signing:

• The traditional choice involves meeting at a designated location
• In-person signings offer a personal touch and the opportunity to address any last-minute questions or concerns.

Mail-Away Signing:

Since most of our buyers and sellers do not live in the Florida Keys many of our closings are done by mail.

• Documents are sent to you, and you sign and return them.
• This option provides flexibility, especially if you’re unable to attend the closing in person.
• It’s convenient but may lack the face-to-face interaction of an in-person signing.
• Documents need to be FedExed out a few days before closing so that they come back in time.
• Make sure you tell your closing agent beforehand that you will not be attending the closing.

Ultimately, the choice between in-person or mail-away signing depends on your preferences and circumstances. Your convenience and peace of mind are of utmost importance in the closing process.

Closing day as a seller of your Florida Keys home brings a mix of emotions. Handing over the keys to the new owner signifies the end of an era and the start of a new chapter. The Florida Keys’ natural beauty, with its tropical charm, surrounds you, offering a fond farewell to a beloved property. This moment marks not just a sale but a parting of memories. With the closing process complete, it’s a time to reflect and embrace the journey ahead, knowing that new adventures and horizons await.

Have questions about Closings. Give us a call.

Also check out our Sellers Page for more important information on selecting a Marathon, Florida Realtor

Prumo & Carden

Amy’s success as a Florida Keys Elite Agent and Diamond Award Winner is truly awe-inspiring. With over 13 years of experience in the real estate industry, she has cemented her position as a trailblazer and pioneer. Her unwavering commitment to excellence is reflected in her impressive academic credentials, which include a Master’s Degree in Marketing and Management. Amy’s marketing programs are simply unmatched, ensuring that your property is showcased to the widest audience of potential buyers, thus guaranteeing maximum exposure.

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