SIMPLE BUYER Q and A – to help with closing
Normally the title company will call you. However, sometimes your real estate agent will call to make arrangements for your signing.
When can you tell me the amount of funds required to close?
Upon receipt of your loan documents, the title company will contact your real estate agent and/or you to let you know the amount of funds you will need for closing.
Can I give the title company a personal check?
No, ALL funds MUST be in the form a cashier’s check or via wire transfer.
When do I get my keys?
On or before the closing your real estate agent will contact you regarding the disbursement of the keys. Usually this is on the possession date.
How much time should I allow for my signing appointment?
Please allow 45-60 minutes for your signing appointment.
When should I shop for homeowners/flood insurance?
Due to recent natural disasters in our state, I suggest that you start shopping for homeowners/flood insurance as soon as your offer is accepted (it is a good idea to call your current insurer first). If you are purchasing a condominium, check with the association to see what they cover. If you are using a lender, you will want to check with them on their requirements.
What will I need to take to the Title Company when I go in to sign my papers?
You will need to bring your cashier’s check payable to your title company. Bring a valid driver’s license, Florida I.D. card, valid passport or Military I.D.. Most title companies should tell you this when they call to schedule your closing.
When will I get my deed showing proof of ownership?
The day of closing you will get a copy of the executed deed showing your ownership. It could take a couple of weeks from that date for the documents to be recorded and it show in public records.
Have a question that we didn’t cover?
Please call me at 239-415-6574!
Posted on August 24, 2012, in Title and tagged Buy a Home, Buyer, Cashier's Check, Closing, Closing Costs, Condo Association, Condominium, Executed Deed, Flood Insurance, Florida I.D., Fort Myers, Homeowners Insurance, Jennifer Ferri, Loan Documents, Military I.D., Ownership, Possession Date, Property Guiding, Public Records, Real Estate Agent, Realtor, SWFL Real Estate, Title Junction, Title Work, Valid Driver's License, Wire Transfer. Bookmark the permalink. Leave a comment.