Every transaction where we act as Closing Agent involves a lot of moving parts, people, and potential issues that need to be solved. At JK we're very well equipped — we handle thousands of transactions a year and have the team, systems, and experience to close files efficiently and cleanly.
"Our job is to get it done." — Charles J. Esposito, Esq., Managing Attorney
We have a dedicated team for opening files — that way we can maintain consistency across the board on what our process is for generating new files. Our team specifically identifies the property in question, looks for special clauses in the contract, and creates a timeline based on the Effective Date of the contract and its contingencies.
The opening team then introduces everyone involved in the transaction to the Title Team and sends out information requests to all necessary parties to get the file moving immediately.
At JK Closing Attorneys we operate a bit differently than other closing agent companies. On each title transaction, you have a dedicated team assigned — usually consisting of four people. We do this because we've found that each team member plays an important role in efficiently handling the issues that may arise during a transaction, and having only one main point of contact creates a bottleneck.
The processing team is comprised of a Processor and Pre-Processor. They are responsible for gathering all of the information we need to close a file, and communicate most frequently with Sellers, Buyers, Realtors, Attorneys, Vendors, and anyone else involved in the transaction.
The Account Executive is available to you when the processing team is unavailable, or if there's something outside the main transaction that needs to be addressed. Realtors and clients typically communicate with Account Executives before we receive an executed contract and during times when the processing team may be occupied.
JK's attorneys are available to answer legal questions regarding contracts and any other legal matters the parties to a transaction may have. On a closing agent transaction, our attorneys are not providing legal representation (unless retained), but are available to answer legal questions and draft documents and addenda in pursuit of a successful closing.
Every transaction amounts to a lot of different issues that need to be solved. At JK we're very well equipped to resolve all sorts of real estate issues because we handle thousands of transactions a year. We work with many different types of real estate professionals and rely on our underwriters, vendors, of-counsel attorneys, lenders, brokers, and others to help resolve issues quickly.
Some issues are quick and easy for us to resolve, but would take days or longer for a less experienced team to handle. Because we've seen so much, very little surprises us.
There are two main defenses to mistakes in real estate transactions:
Our team is only as good as the search we receive. If a search is incorrect for any reason, title insurance protects the parties in the transaction — giving everyone peace of mind that their investment is protected.
Because we handle so many transactions and have a large staff, we're able to deploy multiple resources to resolve mistakes — whether made by third parties or even by our own team. Our size is your advantage.
Once all of the issues are resolved on a file, we're ready to close. Our processing team will schedule signing with all of the parties. If you're signing in person, you can come to one of our many locations or we can send a Closer to you. We endeavor to make it as convenient as possible for everyone involved to close on time.
Contrary to popular belief, the As Is Residential contract for Florida real estate transactions states that the transaction is closed once the Closing Agent has received all documents and all monies — the Seller is not required to actually receive the funds in order to turn over keys. That said, we have attorneys dedicated to sending wires and we transfer funds to all parties as quickly as possible.
We have special exceptions from our bank that allow us to send some wires up to 6:00 pm — so your transaction doesn't have to wait until the next business day to fund.
We also use Qualia Connect and Qualia Shield to keep your transaction secure and protect against wire fraud — including wire insurance up to $2 million through Lloyd's of London.
Send us your contract and let our team get to work for you.