Abstract & Title Services Inc
Working With You
Real Estate Transactions. Simplified.
Title insurance and real estate closings can be complicated, which is why our goal is to keep you from being overwhelmed by the countless details of selling, buying, or refinancing by putting the pieces together for you. Our reputation has been built on an ability to resolve issues before they become problems.
Exceptional Service From
A North Florida Title Insurance Company
At Abstract & Title Services, Inc., we accommodate our clients at no extra charge. We offer the option of weekend real estate closings and after-hours real estate closings, as well as the option to close your real estate transaction in our office, your lender’s office, or your office. It is our goal to make your real estate closing as comfortable as possible.
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Our offices are conveniently located throughout North Florida, professionally staffed, and offer competitive pricing. We have the skills, knowledge, and decades of experience that will add value to your needs. We look forward to building a successful, life-long relationship with you.
Services
Expertise. Intuition. Ingenuity.
Real Estate Title Transactions
Whether you need residential real estate closing services or commercial real estate closing services, a real estate sale or a mortgage refinance, our Florida title insurance agentsare here to guide you through the real estate settlement process and to make it as convenient as possible. A few of our most popular real estate closing services are listed below:
North Florida Real Estate Closing Services
Residential Real Estate Closings
Short Sale Real Estate Closings
24-Hour Title Commitments
4-Hour Ownership & Encumbrance Reports
Foreclosure Settlements
Short Sale Settlements
Mobile Home Title Transfer Services
For Sale By Owner Closings (FSBO Closings)
HELOC 2nd Lien Insured Reports
Courtesy / Mail-Away Closings
Butler Rebates & Substitution Rates
Section 1031 Exchange Processing
Property held for investment, business, or productive use can be exchanged for property of a similar type (referred to as a like-kind exchange) in an effort to defer capital gains tax that would normally be realized if the property was sold for cash or a "non-like-kind” good. This process is referred to as a Section 1031 Exchange or Like-Kind Exchange. Our title insurance agents can help answer your section 1031 exchange questions about the process of completing a section 1031 like-kind exchange.
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The Internal Revenue Service (“IRS”) sets forth the guidelines for section 1031 like-kind exchanges and gives a very general definition of “like kind” to real property. This allows for the swap of many different classes of like-kind real estate without violating the section 1031 exchange rules. For example, improved property, unimproved property, ranches, farms, a leasehold interest in the property, and even perpetual water rights are all considered “like kind” in certain circumstances. However special care must be taken when personal property, cash, and certain liabilities enter the exchange as the section 1031 exchange rules become much more defined.
Very friendly people, I felt like I had known them for a while. They treat you like family while maintaining their professionalism and most importantly getting the job done quickly.
Connie McKenzie
Mike Harrell, the owner, is a man of great integrity as well as the golden gut of business. There are very few business professionals within the industry that are as agile and anxious to adopt new technology and trends as he is at Abstract & Title. You can depend on them to complete all of your real estate transaction needs in a timely and competent fashion.
Ali Wainwright
Super friendly folks & was quick and easy to get everything done!