Delays experienced by homebuilders can be minimized by contacting an experienced title agency early in the building process. Actions initiated by a proactive title agency that will minimize problems down the road can include the following:

  • Setting a meeting with all parties from the onset (homebuilders, developer, attorney, engineer, architect, escrow holder, etc.). Establishing time frames, responsibilities and expectations from the beginning improves efficiency and project effectiveness.
  • Expediting title/ lien searches and examining those records early on for potential issues.
  • Coordinating with subcontractors so their concerns can be dealt with in the early stages of the project.
  • Advising on mechanic’s lien coverage and other title insurance needs of parties to the transaction
  • Setting up sale escrow accounts for timely disbursements upon closing

Title agency personnel can help homebuilders or developers establish ownership rights to property, ensuring local government that a project is worthy of proceeding. This can expedite plat approval. The title agency can also insure titles to individual lots in a development on a mass production basis, often at a reduced rate, so new owner’s policies can be promptly furnished to home buyers with a simple title update.

Additionally, a pre-existing title insurance policy on the land makes construction loan financing considerably more attractive to a buyer’s lender. Construction loans can free up homebuilders cash flow and provide more investment opportunity.

We take care of the details so that you and your clients can proceed to the closing table with confidence and self-assurance.

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Have any questions about TitleTeam? We love what we do and welcome the opportunity to speak to you about any real estate related matter.

111 N. Magnolia Ave., Suite 150 Orlando, FL 32801

Toll Free: 855-377-8848

Local: 407-591-3726

Fax: 407-455-7073

Or complete the below form and a TitleTeam licensed title agent will respond to you promptly.

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