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American Title Trust LLC

AMERICAN TITLE TRUST

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We can assist buyers, sellers, realtors, investors, developers, or commercial clients. You can rely on our professionals to provide the most accurate information.

ABOUT LUANY

Get to know more about our Office Manager Luany Henriquez. She has been in the real estate industry for over 10 years. She has helped many clients get thru the most challenging closings. She and our company, take pride in providing knowledge and expertise in the field, along with our efficiency in providing excellent services for our clients. We can close any where in Florida, with flexible times to meet our clients needs.  

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DIFERENT CLIENTS, SAME HIGH QUALITY EXPERIENCE

TITLE SERVICES

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CLOSE DEALS

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BEST CUSTOMER SERVICES

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MORE THAN PROJECTS

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HAPPY FAMILY

  • MOST COMPETITIVE FEES AROUND
  • SHORT SALE PROCESSING ASSISTANCE
  • Title Searches done in 24-48 hours.
  • ESCROW SERVICES
  • Title Insurance, Owner's and Loan Policies.
  • IMMEDIATE DISBURSEMENT OF FUNDS
  • REMOTE AND AFTER HOUR CLOSINGS FACILITATED THROUGHOUT THE ENTIRE STATE OF FLORIDA
  • Preliminary HUDS and Closing Disclosures.
  • FRIENDLY AFTER HOUR ASSISTANCE
  • SALES REPRESENTATIVE POSITIONS AVAILABLE
  • NETWORKING SPONSORSHIPS TO INCREASE YOUR BUSINESS
  • Online Ordering System
  • Mobile and mail away closings
  • Notary Services

Transactions We Provide Services For

  • REFINANCES​
  • 2ND MORTGAGES
  • FHA / VA LOANS
  • LOT PURCHASES
  • CONSTRUCTION / PERM LOANS
  • Conventional Financing
  • Home Equity Lines of Credit
  • FOREIGN SELLERS / FIRPTA
  • DOUBLE CLOSINGS
  • FOR SALE BY OWNER TRANSACTIONS
  • 1031 ExchangE
  • Short sale processing with $0 upfront fees

FAQ

The word “Title” is a bundle of rights for all of your legal rights to own, use and dispose of land. Title includes all previous ownership, uses and transfers. To legally transfer real estate property, a title search must be performed, and, in most cases, the title must be found free of any circumstances that could endanger your right of ownership. Title insurance protect against the possibility of future loss should your legal rights to your property be challenged.

Title insurance is a form of indemnity insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. … Typically the real property interests insured are fee simple ownership or a mortgage.

There are two types of Title Insurance: A lender’s policy and an owner’s policy.

The lender’s policy protects the lender’s interest in the property for the amount of the mortgage loan. Your lender likely will require that you purchase a Lender’s Policy. This policy only insures that the financial institution has a valid, enforceable lien on the property. Most lenders require this type of insurance, and typically require the borrower to pay for it.

An owner’s policy protects the homebuyer for the full property value. An Owner’s Policy on the other hand is designed to protect you from title defects that existed prior to the issue date of your policy

An owner’s policy protects your interest in the property against such hidden hazards as:

  •   Mistakes in the recording of legal documents
  •  Forged deeds, releases or wills
  •   Undisclosed or missing heirs, including spouses
  •  Deeds by persons of unsound mind
  •   Deeds by minors
  •   Deeds executed under an invalid or expired power of attorney
  •   Liens for unpaid taxes
  •  Fraud

For a one-time premium paid during the closing process, your title insurer assumes responsibility for all legal expenses to defend the title to your property if ever challenged.  If the defense is unsuccessful, you are reimbursed for any reduction in the value of the land.  It is an important layer of security and protection.

 

A lender’s policy lasts until the mortgage is paid in full. An owner’s policy remains in force as long as you or your heirs have an interest in the property.  If challenges to title arise after the property has passed to your heirs, the title insurance company would defend the title for them just as it would for you.

Anyone Buying or Refinancing a Home usually purchases title insurance to protect their interest in the property.  Title insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property. There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim.

Anything in the entire ownership of a piece of real estate which may encumber the owner’s right to the “peaceful enjoyment” of the property or which may cause the owner to lose any portion of the property.

A title search is a detailed examination of all available public records on a property to verify the seller’s right to transfer ownership, and to discover any potential challenges in the closing and ownership process.  A title search should reveal unpaid taxes, unsatisfied mortgages, judgments against the seller, and restrictions limiting the use of the land.  However, even the most diligent search may fail to reveal some hidden hazards, such as those mentioned above that Title Insurance protects from.

No one can be sure the title is clean, since a lien can be recorded against a property at anytime. Therefore, by purchasing title insurance you protect yourself from any recorded liens that are not disclosed at the time of closing.

As a buyer or seller, you want to be certain all conditions of your sale have been met prior to property and money changing hands. The technical definition of an escrow is “a transaction where one party engages in the sale, transfer, or lease of real or personal property with another person who delivers a written instrument, money or other items of value to a neutral third person, called an escrow agent”. The escrow agent holds the money or items for disbursement upon the performance of a specified condition.

Simply stated, the escrow agent impartially carries out the written instructions given by the principals.  This includes receiving funds and documents necessary to comply with those instructions, completing or obtaining required forms and handling final delivery of all items to the proper parties upon successfully completion of the escrow.

The escrow agent must be provided with the necessary information to close the transaction.  This may include loan documents, tax statements, fire and other insurance policies, terms of sale and any financing obtained by buyer, and requests for various services to be paid out of the escrow funds.

If the transaction is dependent on arranging new financing, it is the buyer’s responsibility to make the necessary arrangements.  Documentation of the new loan agreement must be in the hands of the escrow agent before the transfer of property can take place.  When all instructions in the escrow have been completed, the closing can take place.  At this time, signatures are obtained by all parties, all outstanding funds are collected, and fees such as title insurance premiums, real estate commissions, inspection charges, etc. are paid.  Title to the property is then transferred under the terms of the escrow instructions and the appropriate title insurance policies are issued.

Florida regulates the rates on the premiums for title insurance. The only costs that may differ would be the actual settlement fees, such as search and examination, closing, and miscellaneous fees such as  signing fee, document storage fee or endorsements.

Yes. We will need to collect the necessary documents, to the lender’s title instructions, making arrangements for proper payment and distribution of funds. We are fully prepared to work with you from the beginning to close.

Our office will provide you with a list of documents or instructions in order to be able to close. You will want to have these items complete or in hand when you come to the closing (please confirm with your escrow officer prior to closing):

Buyer
Buyer’s copy of purchase agreementWire confirmation or Cashier’s check for amount needed to close
Proof of purchase of insurance for fire, casualty, etc.
Photo identification (passport, driver’s license, or state-issued identification card)

Seller
Seller’s copy of purchase agreement
Any unrecorded instruments that affect the title
Proof of satisfaction of any mechanics’ liens, chattel mortgages, judgments, or mortgages that were paid prior to the closing
Photo identification (passport, driver’s license, or state-issued identification card)

 

 

CONTACT US

We can assist buyers, sellers, realtors, investors, developers, or commercial clients. You can rely on our professionals to provide the most accurate information.

Orlando

5575 S Semoran blvd suite 1.
Orlando, FL 32822

Weston

2200 N. Commerce Parkway Suite 200.
Weston, FL 33326

Miami

7900 Oak Ln Suite 400.
Miami Lakes, FL 33016

We offer our services in all Florida

888-848-5320

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