Florida title & closing
Beycome Title of Florida LLC closes home sales across Florida for a flat closing fee: $99 for sellers who prepay at checkout on beycome.com, $499 full price. Title insurance at the state-promulgated rate, underwritten by Old Republic National Title.
What you pay at closing in Florida
Our fee is the closing fee above. The other title costs are set by the state, the county or the insurer, and every one of them is itemized in your quote and on your closing statement.
Florida charges documentary stamp tax on the deed of $0.70 per $100 of the price (Fla. Stat. 201.02), usually paid by the seller; in Miami-Dade County it is $0.60 per $100 for a single-family home (Fla. Stat. 201.031). A buyer with a mortgage also pays $0.35 per $100 in stamp tax on the note (Fla. Stat. 201.08) and a 0.2% intangible tax on the loan (Fla. Stat. 199.133). Title insurance premiums are promulgated by the Florida Office of Insurance Regulation, so they are the same at every title company: an owner's policy on a $250,000 home costs $1,325.
It is negotiable, and the purchase contract decides. By custom the seller pays for the owner's policy in most of Florida, while the buyer usually pays in some South Florida counties such as Miami-Dade and Broward. The buyer pays for the lender's policy when there is a loan.
If the home is in an HOA or a condo association, the association issues an estoppel certificate showing what the seller owes, and Florida law caps the fee for it (Fla. Stat. 720.30851 and 718.116).
Licensed in Florida
- Company
- Beycome Title of Florida LLC
- NPN
- 21260275
- Florida license
- G142689
- Office
- 5701 Sunset Drive, Suite 101, South Miami, FL 33143
- Phone
- (786) 952-7143
- [email protected]
- Hours
- Mon–Fri, 9am–5pm Eastern time
- Underwriter
- Old Republic National Title Insurance Company
Selling or buying in Florida?
Sellers can list on the MLS for a $99 flat fee with Beycome, then close with Beycome Title. Buyers can get up to 2% back with the Beycome buyer program. Guide: How to sell your Florida home without a Realtor.
Questions about title in Florida
How much does Beycome Title charge to close in Florida?
Our closing (settlement) fee is $499, or $99 for sellers who prepay it at checkout when they list on beycome.com. After the listing goes live, and for buyers, the full price applies. Title insurance premiums are set by the state, so they are the same at any title company; searches, recording fees and taxes are itemized in your 2-minute quote.
Who pays for the owner's title insurance policy in Florida?
It is negotiable, and the purchase contract decides. By custom the seller pays for the owner's policy in most of Florida, while the buyer usually pays in some South Florida counties such as Miami-Dade and Broward. The buyer pays for the lender's policy when there is a loan. See who pays in each state.
Do I need a lawyer to close in Florida?
No. In Florida a licensed title agent can run the closing, prepare the documents and disburse the funds. You can still have an attorney review your documents.
I have a contract. How do I open a file with Beycome Title?
Name Beycome Title of Florida LLC, 5701 Sunset Drive, Suite 101, South Miami, FL 33143, (786) 952-7143, as the escrow agent or title company in your contract, then submit the contract. We confirm the file and order the title search.