Title Services and Closings in Tampa
Title services are a crucial part of nearly every real estate transaction. Real property carries with it a history. Sometimes this history can include baggage that can adversely affect the value of the realty or make it difficult to sell. A thorough title inspection in Florida can uncover these defects and encumbrances. And an experienced Tampa real estate lawyer can take steps to resolve these discrepancies so that the transaction can go forward.
At Westchase Law, P.A. we offer comprehensive real estate services to both buyers and sellers engaged in property transactions. Through contract negotiation, Florida title search, and closing—a Tampa attorney can provide advice and representation throughout the entire process.
What is a title search?
Every property has a chain of deeds that chronicle its history. But sometimes this history contains harmful material that can impair the value of the property or make sale difficult. This can include old mortgages and liens, easements, adverse claims of ownership, deed covenants, and other encumbrances. When these types of impairments surface, the parties must usually deal with them before the transaction can go forward.
While there are a variety of ways to accomplish this, the first step is always identifying the impairment by tracing back the record of title for the property. This can be a complex task depending on the history of the property in question, but the attorneys of Westchase Law, P.A. have the skills and experience to conduct thorough title searches on behalf of our clients.
Closing is the actual transfer of title from seller to buyer, usually accompanied by the transfer of the purchase money from buyer to seller. This can be a complex and multifaceted process that usually occurs through an intermediary called an escrow agent. But before the transfer can take place, several things must occur. The parties must make certain that each satisfied its obligations under the contract. The buyer must usually procure financing for the purchase. The seller must draft a deed for transfer to the buyer and the buyer must usually prepare or review mortgage documents for its lender. At Westchase Law, P.A. our attorneys conduct and coordinate this process so that the parties can close their sale with minimum delay and expense.
Get skilled legal support from a real estate attorney in Florida
The attorneys of Westchase Law, P.A. remain constantly apprised of the latest developments in the laws of Florida. Their diverse real estate practice includes commercial and residential transactions, landlord tenant disputes, foreclosure defense, real estate litigation, closing and title services, and short sale negotiation. If you are buying or selling property in Florida, facing foreclosure, or involved in any other type of real estate or rental dispute, our experienced attorneys may be able to help. Contact us at 813-490-5211 or through our web contact page.