Answers by Christine Nargi

At a Florida closing, the title/closing agent collects the buyer’s funds, pays off all your liens and closing costs, then sends you the remaining equity as your net proceeds, usually by wire or check the same day or within 1–2 business days. The title company prepares a seller settlement statement showing sale price, all payoff amounts, prorations, and fees, and the final “bottom-line” amount you will receive. On closing, they receive the buyer’s wire, confirm lender funding (if financed), and then disburse: payoffs, commissions, and your net proceeds. You choose check or wire in their seller information form. If there is a mortgage or HELOC, those are paid in full from proceeds before you see any money; only the remainder is your usable equity.