Investing in a home, commercial property, or vacant land is a significant and life-changing decision. To ensure a successful transaction, it's crucial to have the right team of professionals by your side.
That's where reliable Florida real estate title services come in.
As a trusted title insurance agency, Bosshardt Insurance Title Agency in Gainesville specializes in handling residential, commercial, and vacant land transactions. We understand the importance of protecting your ownership rights and offer a range of real estate title services to make your real estate transaction as smooth and stress-free as possible.
With our expertise and commitment to excellence, you can have peace of mind knowing that your investment is in good hands. If you're looking for reliable and professional title insurance and closing services, contact us today to learn more about how we can assist you and ensure a smooth and stress-free process.
Ordering a Title Search and Preparing Title Insurance
Bosshardt Title will order a title search, which means searching the real estate records in the county where that property is located.
A property title search will
- Determine the legal owner of the property
- Reveal any mortgages, liens, judgments, or unpaid taxes that must be satisfied before the property is conveyed
- Detail any existing easements, restrictions, or leases of record that affect the property.
After completing the title search, we will prepare a Commitment of Title Insurance to the lender and/or the prospective buyer. We then correct any problems and complete necessary documents to ensure the purchaser can receive a good title and not worry about another person claiming their property.
Safely Securing Real Estate Transactions with Qualia
Our title software, Qualia, assists us with coordinating our closings with buyers, sellers, lenders, and real estate agents securely. All closing information is safely secured in Qualia.
In addition, it allows us to connect all transaction parties to improve the closing experience with secure document exchange, messaging, information requests, and real-time automated updates on closing milestones.
Although Qualia provides an excellent portal for us and the parties to the transaction to communicate, Qualia's number one focus is security. With two-factor authentication, virtualized single-tenant deployments, and other features implemented by its in-house information security experts, they continue to raise the bar for settlement software security.
Providing Smooth Sailing Through Closing and Beyond
At closing, we will collect the purchase funds from the buyer and lender. Bosshardt Title pays all transaction expenses, pays off existing mortgages, and pays the seller the net proceeds of the sale.
We can wire the seller's proceeds to their bank or issue a check. We offer the convenience of a wire transfer to sellers at no cost.
After closing, we will record all legal documents at the county courthouse and return the original documents to the correct party. New owners receive their deeds and title insurance policies. The lender holds the original mortgage documents until the loan is fully paid. Once the loan is paid, the lender will release their lien against the property.
Escrow Services
Our escrow services provide a secure way to manage funds and paperwork for a real estate transaction. We can act as the escrow agent for a transaction for a nominal fee ranging from $85 to $150.
This service ensures that all parties involved can complete the deal with peace of mind, knowing their funds and documents are being managed safely and efficiently. With our expertise in escrow services, you can trust us to handle your real estate transaction with care and professionalism.
Quotes
We are happy to provide sellers and Realtors' quotes on a settlement statement form for settlement costs. This can be a competitive advantage in listing presentations.
*Note: If an owner has a title insurance policy issued within the last three years, they will be entitled to a discount on title insurance called reissue credit. Click on the link in the lower right-hand corner of any page on our website to get a quote.
Settlement Agent
We can be the settlement agent for all residential and commercial transactions involving cash or lenders. We take over after the contract has been executed and work closely with the realtors and other related parties until closing. Our experience in settlement services makes us a trusted partner for residential and commercial transactions.
1031 Transactions
For your savvy real estate customers, we can assist with 1031 closings. A 1031 transaction is also called a like-kind exchange. This tax-deferred exchange allows for the disposal of an asset and the acquisition of another similar asset without generating a tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one business for another business or one real estate investment property for another real estate investment property.
Refinancing/Loan Modification/Reverse Mortgages
We can assist lenders and real estate owners with refinancing and modifying their loans, including reverse mortgages. If the owner has an owner's title insurance policy (regardless of age), they are entitled to a considerable discount called "reissue credit." Our professionals can guide you through the process and help you make informed decisions about refinancing or loan modification.
Construction Loans
We have experience working with buyers of vacant lots with construction loans. Our team understands the unique challenges of these types of transactions and can provide guidance and support to ensure a successful outcome. Trust us to handle your unique real estate needs.
Courtesy Closing Services
Sometimes, the seller (many times for bank-owned properties) will use an out-of-town closing attorney or agent but will need the assistance of Bosshardt Title to receive the closing package and conduct the closing in our office. For these services, we charge a flat fee of $150
Short Sale Closings
We are experienced with working with sellers and realtors in short-sale situations. We can provide a HUD-1 showing estimated closing costs, a prerequisite for lenders when considering offers. Once an offer is approved, we will work with the seller's lender until closing.
Mail-away Services
We are happy to serve property owners in Florida. Whether you're buying or selling a property, we have the expertise to ensure a smooth and stress-free closing process.
We understand that some buyers and sellers may be located out of town, which is why we offer mail-away services for closing. With our convenient and efficient services, you can rest assured that your transaction will be handled carefully, regardless of location.
Flexibility
We understand that our customers have busy schedules, so we offer flexible closing options. Our team can conduct closings before or after typical business hours, making it easier for you to attend your closing.
Additionally, we offer mobile closing services, where we meet with you at your chosen location, even outside of Gainesville. Trust us to accommodate your schedule and make your closing experience as convenient as possible.