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Why choose Consumers First Title?
We keep our clients informed every step of the way and strive for excellence and 100% customer satisfaction at every closing.
Flat Fee Guarantee
Closings can be confusing and complex, Consumers First Title wants to simplify things for the consumer. That’s why we offer a “Flat Fee” settlement fee. Just one fee plus the cost of the title insurance itself.
On time and efficient closings onsite at one of our three convenient South Florida locations or remotely at the agent's or lender's office, even at the borrower’s home or office. We also offer a secure video closing service and traditional mail-away services, the choice is yours!
Our team of professionals understand the complexities of the local market and have worked through many real estate transactions. We provide title insurance for clients anywhere in Florida. When you work with our team, you can expect:
- A full explanation of costs and fees.
- Cooperation with other professionals.
- Assistance with escrow, title and closing paperwork.
- Quick turnaround times.
Other benefits include:
- Security – Protecting your data is our top priority. Consumers First Title is vetted and verified by SSI and compliant with all the industry’s best practices, standards, state and federal laws and regulations.
- Consistent communications with all parties involved in your closing.
- A relaxed, stress-free atmosphere.
- Real Estate Closing Experts in South Florida and Beyond.
Residential
Whether you are a first-time homebuyer or an investor, you will appreciate the fact that Consumers First Title truly puts you, the consumer, first. We assist you from beginning to end and work with all parties involved to ensure that your deal closes on time without complications.
Our first-class customer service, coupled with our reasonable rates, are only two great reasons to utilize our services the next time you are purchasing or refinancing a home.
Commercial
Consumers First Title can close any commercial transaction in the state of Florida. We offer superior service, a customer-focused staff, consistent quality, resourcefulness and professionalism. This, backed by the financial strength of our underwriters, assures you a safe, smooth and seamless commercial transaction.
Reverse Mortgage
A reverse mortgage enables older homeowners (62 and over) to convert part of the equity in their homes into tax-free income without having to sell the home, give up title or take on a new monthly mortgage payment. The reverse mortgage is aptly named because the payment stream is “reversed.” Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you. At Consumers First Title, we have the knowledge necessary to make sure your reverse mortgage closing is as smooth as any other.
Refinance
For many homeowners, there are large benefits to renewing the mortgage process on an existing home. Typically referred to as mortgage refinancing or a second mortgage, reapplying for a new loan can help you save money, earn cash, and lower your monthly payments. When you decide to refinance, call us! We have exceptional rebates on title insurance for current homeowners on top of our great rates.
1031 Exchanges
Whether you are a first-time homebuyer or an investor, you will appreciate the fact that Consumers First Title truly puts you, the consumer, first. We assist you from beginning to end and work with all parties involved to ensure that your deal closes on time without complications.
At Consumers First Title, we have an abundance of knowledge when it comes to these types of transactions and work seamlessly with the Intermediary to ensure that your Exchange is completed within the necessary timeframes. We work directly with your Intermediary to consummate a seamless exchange through closing.
Important Things to Know in a 1031 Exchange Transaction:
- It is best that you contact Consumers First Title (“CFTC”) before you begin the process of looking for a home.
- Once you have contacted CFTC and find a home you would like to purchase, any deposit that you make on that home will held by CFTC.
- To the extent that you need to make an offer on the home, CFTC will guide you in the preparation of your offer.
- Once your offer is accepted, any additional deposits will also be held by CFTC.
- Once a contract is signed, the friendly staff of CFTC will assist you with any additional arrangements necessary prior to closing.
- The staff at CFTC will take charge and make sure that there are no liens on the property, the taxes have been paid and any association fees or dues have also been paid.
- CFTC will then prepare a closing statement for your review, collecting all the costs and credits that you are entitled to as a purchaser of the home.
Need guidance or a referral for an Intermediary? Call us! We work with several great companies and can provide you with several referrals.
Short Sales
Consumers First Title is here to assist you and give guidance during the foreclosure process. We can work directly with your real estate agent or refer you to one of our preferred agents that are short sale certified.
A short sale is viable when the owner is in financial distress and owes more than what the home is worth. The transaction can be negotiated, and the sale is approved by the mortgage holder(s) even though the property will sell for less than what is owed.
Some of the advantages of selling your house through a short sale are:
- Your credit rating can be preserved.
- Your other assets can be preserved.
- The deficiency and or tax liabilities can be negotiated.
- In some instances, the mortgage holder offers incentives or relocation assistance.
Call us today at 954-340-5150 to see if you are a short sale candidate.
FIRPTA
FIRPTA stands for the Foreign Investment in Real Property Tax Act. This Act is enforced by the Internal Revenue Service. Foreign national sellers have specific requirements that apply to them when selling U.S. real property. If a seller is not a U.S. citizen or resident, FIRPTA requires a prepayment to the Internal Revenue Service of a withholding tax on the real property. How does FIRPTA affect foreign national sellers? Here is a brief explanation of the withholding tax regulation on real property and the limited exceptions:
Does FIRPTA apply to me?
Effective February 1, 2016
| BUYER INTENDS TO USE AS A RESIDENCE? | SALES PRICE IS $300,000 OR LESS SALES PRICE IS GREATER THAN $300,000 & NOT OVER $1,000,000 | |
| Yes | Exemption* | 10% withholding |
| No | 15% withholding | 10% withholding |
Important Information Regarding FIRPTA Transactions
Substitution Rate Refinancing
When the SAME BORROWER and the SAME LENDER make a substitution loan on the SAME PROPERTY, the title to which was INSURED BY AN ISSUER in connection with the previous loan, the substitution loan premium rates for the substitution loans may apply.
Consumers First Title offers Substitution Rate Refinances for referred refinance clients.
As a mortgage professional, you can feel good referring your clients to us knowing not only will your customer get the best customer service but also the best possible rates. Consumers First Title prides itself on being an industry leader and a business partner to all our clients. Helping you, help your clients save money is what it’s all about!
Call us at 954-340-5150 and ask for Michele or email us at orders@cftitleco.com today.
BETTER RATES, BETTER SERVICE, BECAUSE YOU AND YOUR CLIENTS DESERVE BETTER!
Title Search/Property Information Report (formerly called O&E)
Title Search
Quit Claim Deeds
Our Dedicated and Professional Title Specialists:
Tom Streda, President and Florida State Licensed Title Agent
Michele Streda, Marketing, Communications and Public Relations
Client Account Representatives
