FSBO Closing in Florida Without a Realtor? Yes, You Still Need a Title Company
Selling your home "For Sale By Owner" (FSBO) is a great way to save on real estate commissions. However, it doesn't eliminate the need for a crucial partner in your transaction: a reputable title and escrow company. Here’s why.
The Role of a Title Company in an FSBO Sale
In any real estate transaction, the legal transfer of ownership must be handled correctly to be valid. A title company acts as a neutral third party (or "escrow agent") to ensure all legal and financial requirements are met. Without real estate agents involved on both sides, our role becomes even more critical to protect both the buyer and seller.
Essentially, we manage the entire closing process to ensure the sale is secure, legal, and that the new owner receives a clear title to the property.
Top 3 Reasons You Need a Title Company for Your FSBO Closing
1. To Ensure a Clear Title
We conduct a thorough title search to uncover hidden liens, judgments, or ownership disputes. We then work to resolve these issues and provide the buyer with an Owner's Title Insurance policy, protecting their investment.
2. To Handle Funds Securely
As an escrow agent, we securely hold the buyer's earnest money deposit and final funds. We ensure your existing mortgage is paid off and that you receive your sale proceeds promptly and securely after closing.
Selling Your Home FSBO in Florida?
Let Location Title & Escrow LLC be your trusted partner. We provide the expertise and security you need to navigate your FSBO closing with confidence.
Get Your Free FSBO Closing QuoteReady to learn more about selling FSBO?
Check out our detailed guide for a complete walkthrough of the process.