Phone: 239.540.7007
Real Estate
Home Closing 101
Do you know what to expect on closing day?
Most people don’t. And that can lead to some uneasiness. But help is here. The American Land Title Association, or ALTA, has created a website featuring information every homebuyer can use to help familiarize themselves with the closing process before walking into the closing
The Home Closing 101 Site
At Home Closing 101 you will find information you can use to prepare yourself for closing. The site covers topics such as title insurance, escrow fees and closing costs. So when the time comes to sign on the dotted line you’ll feel fully prepared.

Home Closing 101 is especially helpful for first time buyers. Buying a house is an exciting time and the more you know about the process, the more relaxed you’ll be going through it. Spend a little time on the site and you can walk through the home buying process, receiving explanations for each step and helpful hints on how to find the right people to help you on your journey to homeownership.

Click here to start learning about the home buying process.
What Is American Land Title Association (ALTA)?
Founded in 1907, ALTA is the national trade association and voice of the title insurance industry. ALTA members search, review and insure land titles to protect home buyers and mortgage lenders who invest in real estate.

ALTA members advocate safe and efficient transfer of real estate and insist on high standards when searching land title records and preparing insurance documents. The industry seeks to eliminate risk before insuring, which provides homebuyers with the best possible chance of avoiding land title problems. But, title difficulties can and do occur, and members offer both Owner’s and Lender’s title insurance policies as effective safeguards.

Click here to visit the ALTA website.
About Stewart Title Insurance
Stewart (NYSE: STC) is a leading provider of real estate services, including global residential and commercial title insurance, escrow and settlement services, lender services, underwriting, specialty insurance and other solutions that facilitate successful real estate transactions. Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, through our direct operations, network of approved agencies and other companies within the Stewart family. Through a focus on integrity, smart growth and conservative management, Stewart remains committed to serving our customers, innovating and improving to meet their needs in an ever-changing market. 

Please click on the link below for more information:
Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than your mortgage holder, no one else should have any claims or restrictions against your home.

Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property.

Title insurance is different from other types of insurance in that it protects you, the insured, from a loss that may occur from matters or faults from the past. Other types of insurance such as auto, life, or health cover you against losses that may occur in the future. Title insurance does not protect against any future faults, but does protect you from risks or undiscovered interests. Another difference is that you pay a one-time premium for a policy that remains effective until the property is sold to a new owner - even if that doesn't occur for decades.
What is a Lender's Policy?

A lender's policy, also known as a loan policy or a mortgage policy, protects the lender against loss due to unknown title defects. It also protects the lender's interest from certain matters which may exist, but may not be known at the time of the sale.

This policy only protects the lender's interest. It does not protect the purchaser. That is why a real estate purchaser needs an owner's policy.
What is an owner's policy?

An owner's policy protects you, the purchaser, against a loss that may occur from a fault in the ownership or interest you have in the property. You should protect the equity in your new home with a title policy.

What does an owner's policy provide?

- Protection from financial loss due to demands that may be charged against the title to your home, up to the cost of the title policy.
- Payment of legal costs if the title insurer has to defend your title against a covered claim.
- Payment of successful claims against the title to your home covered by the policy, up to the cost of the policy.
Why the seller needs to provide title insurance?

Any purchaser will need evidence that his investment in your property is free of title defects. The title insurance policy that you provide the purchaser is a guarantee that you are selling a clear title to your real estate, unencumbered by any legal attachments that might limit or jeopardize ownership. It will reassure your purchaser that he or she is protected from any risks or losses and could help you close your deal.
Why the buyer needs title insurance?

Without title insurance, you may not be fully protected against errors in public records, hidden defects not disclosed by the public records, or mistakes in examination of the title. As a result, you may be held fully accountable for any prior liens, judgments or claims brought against your new property. If this should occur, your title policy insures that you will be defended at no cost against all covered claims up to the amount of the policy.
How much does title insurance cost?

The insurance commission approves and controls the premiums for title insurance policies. The premiums are paid only once and the cost depends upon the purchase price of the property and the policy amount must be equal to the purchase price.
What does title insurance protect from?
  • Fraud
  • Adverse possession
  • Rights of divorced parties
  • Deeds by minors
  • Undisclosed Heirs
  • Errors in tax records
  • False affidavits of death or heirshipProbate matters
  • Deeds and wills by persons of unsound mind
  • Conveyances by undisclosed divorced spouses
  • Forfeitures of real property due to criminal acts
  • Deeds by persons falsely representing their marital status
  • Documents executed by a revoked or expired Power of Attorney
  • Defective acknowledgements due to improper or expired notarization
  • Mistakes and omissions resulting in improper abstracting
  • Forged deeds, mortgages, wills, releases and other documents
  • False impersonation of the true land owner
Right before you get the keys to your new home, you need to make sure everything is in order, which is why you need to do a final walk-through. Here’s what you need to look out for.

The Final Walk Through Before Moving Into Your New Home

Your offer has been accepted and the home buying process is almost complete. You have to wait until your mortgage goes through, the home inspection and home appraisal, and your title insurance policy is in your possession. Once you’ve got those things ready, you need to go for the final walk-through. That usually happens a few hours or a few days before the closing. The final walk-through is your last chance to make sure everything is safe and in order before you move in. Here’s what you should be looking out for.

Before You Go

Before you head to your new home for the final walk-through, you need to get ready. Pack your contract to verify that all terms and requirements are met. Bring along a notepad and pen to take some notes and your phone to take photos. If there are some uncompleted repairs, changes you don’t like, or damages to the property, you’re going to need proof to dispute them. You should also bring you phone charger to try out the electrical outlets. Of course, your trusted real estate agent should be by your side as well to guide you and answer any questions.

What You Need to Look Out For


You most likely negotiated some repairs into your real estate agreement, which is why the first thing you need to check is that those repairs are complete. Make sure that job is of good quality and that nothing will break as soon as you move in. don’t forget to ask the seller for warranties for all the works. Don’t be afraid to ask for what you want.

Plumbing System and Bathrooms

Make sure that all toilets and faucets are fully functioning. So flush that toilet and open that faucet! You should also verify that there’s hot water and that no faucet is left leaking when you close it. Pay close attention to any sign of mold, because it can grow in a matter of days.

Electrical System

You can’t possibly live in the dark, can you? Verify that all the electrical systems work. Turn the light switches on and off in every room. Check that the circuit breaker is clean and functioning. Lastly, take out your chargers and plug it into all electrical outlets to confirm that they are safe and working. It’s possible that there might be a problem with the wiring if the sockets are not functioning.

Title Issues

The state of the title is not related to the physical shape of the house, but you don’t want to purchase a home that’s full of legal issues. By this point in your home buying process , you should be aware of any liens placed on the property. Once you become the legal owner you’re responsible for any legal situation that the house is involved in. Get your title insurance in Fort Myers before the closing so the seller can fix any title issue that arises. You can learn more about the reasons why you need title insurance and how you can get your policy by calling Schutt Law at (239) 540-7007.

Doors and Windows

You have to make sure that your new home can provide safety and privacy, which is why you need to check that the doors and window all shut correctly. Test them out. They should be closing completely and not making squeaky or creaky noises. Don’t forget about the window screens! Check them too.

Major Appliances

If you’re purchasing a house that includes major appliances such as a stove, dishwasher, washing machine, or something along those lines, you need to test them out. If something is wrong and they’re not functioning properly, you need to let the seller know. You should also make sure that the air conditioning/heating system is in top shape too. Repairing any major appliance or system can be costly, you don’t want to be the one dealing with those issues.


Unless stated in your contract, you shouldn’t expect a picture-perfect clean home. In fact, most real estate contracts state that the house should be left “broom clean”. But the place should be free of debris and furniture by the time you go for the final walk-through.

New Damage

It can happen that the previous owners accidentally damaged the house while moving out. Look for new holes in the drywall, scratched walls and floors, and let the previous owners know so they can fix the issues.

Talk to the Title Insurance Experts in Fort Myers

You need to make sure that your home title is safe as well before you start preparing for the movers’ arrival. Call Schutt Law at (239) 540-7007 to request your title insurance in Fort Myers and get the process started.