In Florida, a commercial sale is typically closed at a “Title Company” not an attorney’s office. The home seller gets to pick the title company and both parties will work thru the title company for a successful closing. The title company is considered the neutral closing agent. Some buyers elect to hire an attorney just to review the closing documents. All funds are wired in.
When a potential buyer contacts us - we generally start off the conversation by asking the question "What type of property are you looking to buy and what is your price range? We need to quickly understand what the intended type of real estate is so we can start to factor in available market inventory in that price range that meets the buyer's criteria.
You either have to show proof of cash funds, or get pre-qualified by a Bank or Credit Union. South State Bank has been great to work with, as has Navy Federal Credit Union.
We at Paragon Realty only represent only one side of the transaction - either the seller or the buyer, NEVER BOTH in the same transaction. The seller pays our commission, not you the buyer. We will never be a dual-agency.
If you would like to talk with a knowledgeable real estate broker call the “professionals” at Paragon USA at (904)578-5596, or just click on our “Contact Us” page and complete the form and we will call you the next business day.
Buyer Requirement for Insurance
Before the closing (well in advance actually), you have to provide to the closing title company an insurance binder on the property. Insurance rates have climbed in 2024 due to the Hurricane Ian that last year that hit the Port Charlotte area of the west coast of Florida. Shop around early for insurance. We have had great success with State Farm Insurance thru the Craig Dewhurst Agency at World Golf Village. (904) 940-9740 and be sure and purchase the hurricane insurance rider. We will advise you for your follow-up if you are in a flood zone - then you will purchase a separate federal sponsored policy.
For over a hundred years our area had not seen any significant Hurricanes until 2016 when a minor one blew thru and the same in 2022. If you’re buying an older property built prior to 2002 (when new State building code became effective), be sure and have the 4-point Hurricane Inspection and Wind Performance completed; submit to your insurance agent and it will save you money on the premiums.
If you would like to talk with us about anything real estate please call us at (904) 878-5596.
