What does a title company do?

A title company makes sure the property you’re buying is legally yours. It researches the property’s history, ensures there are no liens or ownership disputes, prepares the closing documents, and provides title insurance to protect your ownership.

What is title insurance, and why do I need it?

Title insurance protects you from financial loss if a problem with your property’s ownership arises after closing, like hidden liens, unpaid taxes, or errors in public records. It’s a one-time cost that protects you for as long as you own your home.

What is a title search?

A title search is a detailed examination of public records to confirm that the seller is the legal owner and that there are no outstanding issues that could affect ownership. It’s a key step before closing.

What happens at closing?

Closing is when ownership officially transfers from the seller to the buyer. The title company coordinates all funds, documents, and signatures to ensure everything is completed, recorded, and legally binding.

Who pays for title insurance, the buyer or the seller?

It depends on your location and your contract. In many Florida counties, including Broward and Miami-Dade, the seller typically pays for the owner’s title policy; however, this can be negotiated.

Can I choose my title company?

Yes! As the buyer, you have the legal right to choose your title company. It’s important to pick one that prioritizes transparency, efficiency, and communication to ensure a smooth closing experience.