Services
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Who we serve
Realtors
Investors
Sellers & Buyers
Commercial Agents
Developers & Builders
Lenders & Mortgage Professionals
CONTACT US
Why Title Insurance?
Title Insurance is all about protection! It serves as a defense against any potential defects that can remain hidden regardless of the most thorough research of public records. The Bank is always going to protect their interest in the property, meaning if there is anything wrong with the title to the house, they will not be held responsible. In the same manner, it is important and almost necessary that you protect your personal interest and that is where Title Insurance comes in. Should any issue arise, you would have the insurance coverage. It is necessary that you protect your interest, or you may run the risk of possibly losing your house while still having to pay for it.
Paragon Title Services has worked with many realtors, investors, sellers, buyers, etc. on a wide variety of real estate transactions, and we have earned a strong reputation. We conduct the closings in a professional and timely manner, as well as working to ensure the closing experience is superb for both buyers and sellers. Our goal with our clients is to give them the confidence in Paragon Title Agency to happily leave the closing to us. We take pride in offering an exceptional closing experience from start to finish.
Please contact us to discuss how we can work together to achieve fantastic results in your closing process.
Why a Short Sale?
Understanding what a short sale is and the benefits of selling versus bank foreclosure are sometimes confusing to homeowners. While a short sale will still do damage to your credit, overall it will be a lot less harmful than a foreclosure. Meanwhile, a foreclosure may bring down your credit score anywhere from 175 to 300 points, a short sale might only bring it down 50 to 60 points.
A short sale occurs when a lender agrees to allow a homeowner to sell their home for less than the mortgage owed. The lender will cover the difference between the amount paid after the sale of the property and the amount owed or may require the borrower to pay back the difference in a repayment plan, lump sum or a deficiency judgment.
Do I qualify?
In order to avoid foreclosure and opt-out will a short sale, you must actively be working towards that goal. You must not wait for foreclosure notices to be sent to your home. Seek independent counsel pertaining to the sale of their home with regards to any state, federal and legal implications. Obtain the conditions for a short sale from your lender and ensure you meet all their requirements and deadlines in order to succeed. Paragon Title Agency will assist realtors and homeowners with the short sale negotiations. We have a short sale submission package designed to gather all information necessary to submit the short sale package to the bank once a buyer and seller have executed a purchase contract. A Short Sale agreement must be executed between the seller and Paragon Title Agency. We will handle the process from the beginning through the closing.
Closing Costs
Closing Costs are fees associated with purchasing a home at the closing of a real estate transaction. Closing is the point in which the title of the property is transferred from the seller to the buyer.
What to expect?
- Inspection Fees: A licensed inspection company comes into the property to check the structure of the roof, appliances, and check for termites.
- Survey: Find out the exact boundaries of the property.
- Title Insurance: It serves as a defense against any potential defects that can remain hidden regardless of the most thorough research of public records.
- Casualty and Flood Insurance: Protection your property from fire or storm.
- New Construction: Most developers/builders charge a closing fee of between 1.5% and 1.75% to cover the cost of Florida Documentary Stamp Taxes and Title Insurance.
- Closing Fee: The closing agent’s charge for closing.
- Real Property Taxes and Homeowner Association Fees: These items need to be prorated at closing depending on the time of year.
- Title Examination: The closing agent’s fee for examining the status of the title on the property.
Closing Cost for a Mortgage or the refinancing of an Existing Mortgage
Application fee
Lender’s fee before closing. ($50-$550).
Underwriting fee
Lender’s fee for approving the loans.
Flood Certificate Fee
Lender’s fee to determine if the property is in a flood zone.
Tax Service Fee
Lender’s fee to monitor payment of real property taxes.
Loan Origination
Lender’s fee for giving the loan.
Loan Discount Fee
Lender’s fee for reducing the interest rate on the loan.
Document Preparation Fee
Lenders fee for preparing loan documents.
Escrow’s
Lenders may require that you escrow money in advance for real estate taxes and insurance.
Prepaid Interest
Unless you close on the last day of the month, then you must prepay interest for the rest of the month.
Settlement Fee
Closing Agents fee for closing your loan.
Title Insurance
Requirement from lender to close.
Intangible Taxes
.0020% of loan amount charged by State of Florida at closing.
Documenting Stamp Taxes
.0035% of loan amount charged by Florida at closing.
Happy Customers
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Very knowledgeable and friendly. Awesome team to work with- thank you! 
Aime J Gomez
May 2, 2018 - Amazing team and exceptional service. They go above and beyond to ensure your clients are well taken care of. Would highly recommend to anyone. Can't wait to work with them again!
Stephen Castellanos
June 29, 2018 - The service and result were beyond my expectation. Thank you
Maty Duque
March 9, 2018
PARAGON TITLE AGENCY, LLC.
1747 N University Drive Pembroke Pines, FL
954.838.7970
info@paragontitleagency.com
