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CLOSING PREPARATION
Buy New Orlando is not a title company or law firm. Use this page to organize questions for the licensed title professional, closing agent, lender and attorney involved in your specific Florida transaction.
Ask the closing professional to explain the title commitment, exceptions, settlement or closing documents, charges and any items you do not understand before signing.
Ask what owner's and lender's title coverage is being offered, who is issuing it, what it covers or excludes, and how the premium and other closing charges appear in your transaction.
Confirm who is handling escrow, closing, disbursement and recording, what identification or funds are required, and how you will receive final recorded documents and any title policy.
Who is the licensed title or closing professional handling this transaction, and what does the purchase contract require?
When will I receive the title commitment and closing documents, and who should answer questions about exceptions or charges?
What owner’s title insurance coverage is available, and what exclusions or exceptions should I review?
What documents or funds must I provide, and how will wire instructions be delivered and independently verified before money is sent?
Are there unresolved title, lien, permit, recording or other closing items that require action before the transaction can close?
When should I expect the deed and any final title policy or recorded documents after closing?
A title or closing professional has a defined role in the transaction, but legal advice about a purchase contract, construction lien rights, disputes, or your obligations should come from a qualified Florida-licensed attorney. Do not sign documents you do not understand.
If you are considering a new-construction home, tell the realty team what stage you are in. They can help organize the real-estate questions to raise with the builder and the licensed professionals handling your closing.
Disclaimer: Buy New Orlando is not a title company and does not provide title insurance or legal advice. Title, escrow and closing services must be provided by the appropriately licensed or authorized professional for the transaction. Consult a qualified Florida-licensed attorney for legal advice about your contract, rights or obligations.