Title Company Naples, Florida
Title & Escrow Services
01. // Getting Started
The Process Begins
Our Order Entry team opens the file, provides wire instructions and remote check deposit instructions to Buyer. OE pulls information regarding the property from the property appraiser’s site, tax collector’s site, and MLS, and orders the title search, permit search, and municipal lien search, and requests zoning information from the municipality.
Getting Started
02. // Estimates & Schedule
The Processor
The Processor provides the estimated title costs and the important dates and deadlines to the client and requests that the client complete the electronic closing information worksheet, requests commission verification estoppels from the Agents, and begins collecting information required for closing the transaction and fulfilling contractual and title requirements. The Closer maintains communication with the client and agent throughout the process, whether for deposit deadlines, inspection items, or to provide status updates.
Estimates & Schedule
03. // Escrow Deposits
The Funding Team
The Funding team delivers the escrow deposit verifications to all parties on the file.
Escrow Deposits
04. // Underwriting
The Closer
Once the title search is received from the title insurance underwriter, the Closer prepares the title commitment, notifies the parties of extraordinary title defects, and begins working on the documents necessary to close and insure the transaction. If a survey is required for the transaction, the Closer reviews the survey and identify encroachments to be listed as title exceptions. Once the estoppels are received by Cottrell, the estimated settlement statement is circulated for the parties to review, and upon approval, the Closer requests the Buyer deliver their funds to close by wire transfer. The Closer schedules the signing appointment for the client with one of our notary and signing specialists.
Underwriting
05. // The Closing
Executed Documents & Signatures
Whether online or in-person, the client executes their closing documents and the documents are provided for the Closer to review and approve.
Once the Closer is in a position to close and disburse the transaction, the Closer notifies all parties, provides copies of the executed documents to the client, and commences the disbursement process. At this time, the real estate agents facilitate the release of the keys to the Buyer.
The Closing
06. // Release Funds
Funds Distribution
The Funding team disburses the transaction and provides wire transfer confirmations and/or notification once checks are ready for pickup or delivery.
Release Funds
07. // After Closing
Recording
After Closing, the title insurance policy is issued to the Buyer, and the Buyer receives an electronic copy of the recorded Warranty Deed. If there are any funds held in Escrow, the closer follows up with the parties to ensure they are appropriately disbursed after closing.
After Closing
Defining the Closing Experience
- On every closing we provide proactive communication and offer timely solutions throughout the transaction.
- Through a blend of best-in-class technology along with a personal touch, we provide the utmost peace of mind to Realtors and their customers.
- Our technology helps Realtors pull mobile Seller net sheets and Buyers Closing Costs in seconds.
- We provide remote online notarization.
- With ZOCCAM escrow deposits are transferred electronically in minutes (no more driving around with Escrow deposits).
- We utilize technology providing real-time closing updates to keep all parties fully informed during the closing process.