Kessel Holdings LLC Endorses Florida Abstract & Security Title Corp
We exclusively associate with FAST Corp to manage all our Florida land closings (settlements). We communicate with our dedicated closing agent on a daily basis and enjoy a professional and pleasant working relationship with the entire FAST staff. As a result, our clients receive professional, personalized, and dedicated settlement services throughout the entire settlement process.
We have total confidence in the services FAST offers to our company and to our clients. FAST provides important title services for our company to ensure our clients enjoy a thorough title examination and clear title with every property they purchase from us.
Florida Abstract & Security Title Corp.
Experience . . .
For over 20 years the dedication of the team at Florida Abstract & Security Title Corp. have strengthened the combined knowledge and experience in real estate, title insurance, mortgage documentation, closing techniques, and services, developing a clear understanding of the industry and the individuals that will benefit from services provided by our company.
FAST Co. has over 60 years combined experience in Real Estate transactions throughout the state of Florida. Our expertise and attention to detail has earned us an exceptional reputation and dedicated following.
Convenience . . .
We know that time is money and that many clients find it difficult, running to a title company to sign papers, or taking time off from their jobs to travel across town for a closing, FAST Co. offers the right alternative for you! We will close any transaction at your convenience. Our commitment to satisfying our client is top priority!
Competitive Rates . . .
At FAST Co. we understand that closing costs can be burdensome on homeowners and new homebuyers. Some closing agents have little or no regard as to how important it is for your transaction to close promptly and cost effectively. With this in mind, FAST Co. strives to offer competitive rates to keep the client's cost to a minimum while still maintaining both integrity and professionalism.
Communication . . .
From beginning to end, FAST Co. keeps you informed. Our processors will contact you upon receipt of your order and keep you informed throughout the closing process. We try to explain everything as simply as possible, thus minimizing confusion and ensuring no surprises at closing.
Technology . . .
Using the most advanced technologies and closing software, we are able to simplify the closing process saving our clients valuable time and money. Our system allows FAST Co. the ability to make changes quickly. Each file closed is electronically stored for quick retrieval and protected by a security system ensuring the confidentiality and protection of records.
Location . . .
FAST Co. is centrally located in the heart of Charlotte County to serve you better.
Title Search
What is a title? When you purchase a home, you are really purchasing the title to the property—which is the right to occupy and use the space. That title may be contested based upon past rights and claims asserted by others. These types of claims can infringe upon your purchase of the property or cause you to lose money.
What is a title search? A title search is a detailed examination of the historical records concerning a property. These records include deeds, court records, property and name indexes, and many other documents. The purpose of the search is to verify the seller's right to transfer ownership, and to discover any claims, defects and other rights or burdens on the property. What kinds of problems can a title search reveal? A title search can show a number of title defects and liens, as well as other encumbrances and restrictions. Among these are unpaid taxes, unsatisfied mortgages, judgments against the seller and restrictions limiting the use of the land
Title Insurance
What is title insurance? Title insurance is your policy of protection against loss if any of these problems—even a “hidden hazard”—results in a claim against your ownership.
How does title insurance protect my investment if a claim should arise? If a claim is made against your property, title insurance will, in accordance with the terms of your policy, assure you of a legal defense—and pay all court costs and related fees. Also, if the claim proves valid, you will be reimbursed for your actual loss up to the face amount of the policy.
How much does title insurance cost? Probably a lot less than you think. Charges vary in different sections of the country, but generally the cost of title insurance (including search, examination and related services) amounts to about one percent or less of the cost of the property. And unlike other insurance premiums, which must be paid annually, a title insurance premium is paid one time only, usually at settlement.
The Closing
What is a closing? Closing, which is also known as “settlement” or “escrow,” is the event where the title to a property is transferred from seller to buyer. Closing is typically held in an office, such as that of an attorney, title agent or title insurance company, and involves the completion of all the necessary paperwork to finalize the agreement between buyer and seller. In addition, all financial issues are settled at closing—closing costs—and once the title is successfully transferred, the necessary documents are prepared, signed, and filed with local authorities.
What are closing costs? Closing costs are all costs required to close the real estate transaction. They can include (but are not limited to) surveying fees, property taxes, title insurance, attorney fees, agent fees, points, loan origination fees, primary mortgage insurance (PMI), and the balance of your down payment. Prior to closing, you should review your final closing statement or HUD-1 Statement (whichever is in use) to ensure that all the calculations are correct and that you have been given all the credit for deposits and other agreed upon buyer and seller credits. Also recheck all lender, title, and escrow fees to make sure they are accurate.
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