Southern Sun Title Company - Closing At It's Best
If you’re looking for high quality and personal service, you’ve come to the right place. At Southern Sun Title Company we’ll give you the attention and personal service you’ll come to expect and enjoy. We offer the best in service and professionalism. Southern Sun Title Company has been serving Homosassa, Florida and surrounding areas since 1998.
Let us put our experience to work for you.
OUR SERVICES
TITLE SERVICES
Title insurance insures against loss sustained by an insured due to the condition of title being other than as insured. The beneficiaries of title insurance policies generally are real estate buyers and mortgage lenders. A title insurance policy protects the named insured against title defects, liens and encumbrances existing as of the date of the policy and not excepted from coverage. For a one-time premium, the policy remains in effect until the property is sold or refinanced.
ESCROW SERVICES
Southern Sun Title Company offers full escrow services on transactions for which we are issuing title insurance. The cost of this service is dependent upon the transaction value and the extent of service required.
In a real estate transaction, escrow provides a “safety mechanism” for all parties involved in the real estate transaction.The escrow agent is an impartial third party who holds the funds and legal instruments necessary to complete the transaction and makes concurrent delivery of the deed to the purchaser and the purchase money to the seller when all of the terms and conditions of the transaction have been performed.
The authority given to an escrow agent is strictly limited by the instructions provided by the parties involved. These instructions are usually contained within the purchase agreement. Consequently, an escrow agent acts on the mutual instructions given and does not represent any party to the transaction. Some of the tasks an escrow agent may perform are as follows:
- Order payoff information on existing liens
- Calculate and prorate taxes, liens, interest, rents and insurance policies
- Arrange for title insurance protection for the buyer and lender
- Pay costs and liens as agreed upon by the parties to the transaction
- Close the transaction after all instructions from buyer and seller have been satisfied
- Prepare a closing statement for the parties to the transaction, showing disposition of funds in the transaction
- Arrange for recording of the conveyancing documents and any other legal instruments necessary to transfer title to the property pursuant to the purchase agreement
CLOSING COST ESTIMATOR
Closing costs are the fees paid at the end of the home buying process. This estimator will provide information on interest and monthly payment amounts as well as other associated costs.
OUR TEAM
Tracy Gough
Vice-President
352-382-3339
tgough@southernsuntitle.com
36 years experience
Danielle Smallridge
Closer
352-382-3339
dsmallridge@southernsuntitle.com
24 years experience