So, you’ve worked hard to search for the right home, save money for a down payment over countless months, and finally, negotiate with a realtor to get a good deal on a mortgage that you can afford. At this point, you’re in the final stretch of the home purchasing process. The light at the end of the equity tunnel is within sight!
Providing Help With Closing For Broward, Miami-Dade, And Palm Beach Counties
Though you’re likely set on moving into your new or new-to-you home (and believe us, we don’t blame you!), there are at least two important thoughts that you must consider: title insurance, and the closing process itself.
Fortunately, you have a connection in the title insurance industry — that’s us here at Title Partners of South Florida. As experts in clearing titles and providing South Florida homebuyers with the true peace of mind that comes with a hassle-free title insurance experience, we’re your last stop before finally occupying your home.
Now, to get approved for a mortgage and afford your home, you’ve likely been carefully budgeting your money. Paying for title insurance probably isn’t the first thing on your mind, but it’s extremely important to consider the following question: Who pays for title insurance in Florida? Keep reading below to learn the answer from Title Partners of South Florida.
Who Pays For Title Insurance In Broward County, Miami-Dade County, Palm Beach County, And Beyond?
In truth, there is no universal answer to this question. That’s because the person responsible paying title insurance on the property in question depends on what county the property is located in. However, this can also be negotiated within the terms of the title insurance contract itself.
In most counties, the seller generally pays for title insurance. The seller also chooses the title company.
However, when it comes to Sarasota County, Collier County, Miami-Dade County, and Broward County, the buyer typically pays for title insurance (and also chooses the title company they’d like to work with).
Work With Our South Florida Title Insurance Company To Learn More!
Again, it’s worth noting that title and closing costs are negotiable and relative to the contract that you sign. We strongly recommend requesting a free quote from us, reading our reviews, or referencing our extensive Florida title insurance Q&A page to learn more before getting in touch with us. Title Partners of South Florida looks forward to working with you!