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Post by Admin on Mar 31, 2014 18:21:27 GMT -5
I will try to put a recent misunderstanding to rest...it was reported that Real Estate Title Services in Lake Wales on Stuart St no longer was closing for non-realtor assisted transactions.
Not true, according to Dwan. (Not misspelled)
The misunderstanding came as a result of someone wanting to close using a Quitclaim deed. The insurance carrier for the Title Company does not permit the company to do title conveyances using Quitclaim deeds because there are "many problems with them".
The title company continues to offer closing and settlement services to Saddlebaggers but will only convey title using Warranty or a Grnt Deed.
They will do a closing with cost to the Seller currently priced at $300 which includes a title search and the cost to the Buyer is currently $100. The property search takes 7-10 business days during busy times (in season) and 3-5 business days off season.
People need to bring their sales contract and if they are conveying a trailer they must have their original title registration of the vehicle with them. They cannot accept cash.
Phone # is 863-678-1543
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