September 16, 2022

Empora Expands Digital Title Services to Florida Real Estate Investors

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In our mission to support real estate investors across the entire US, Empora Title proudly announces the expansion of our tech-forward title and closing services to Florida. With this announcement, Empora is now licensed and operational in the states of Florida, Ohio, and Kentucky.

“We’re eager to expand on our success supporting investors in Ohio and Kentucky, and bring our revolutionary title solution to one of the hottest real estate markets in the US.” says Megan Harris, Founder and CEO of Empora Title. “Florida investors spend too much time and money to complete real estate transactions. Empora changes that!” 

Empora’s digital-first approach to title streamlines the entire title and closing process and provides significant cost savings. (View Empora’s closing cost calculator to estimate closing cost savings on a Florida property.) Built from the ground up for real estate investors, Empora gives real estate investors unparalleled transparency into their deals and reduces the time, effort, and cost required to get a property transaction closed. 

The technology gains afforded by Empora don’t come at the expense of white-glove customer service. “Our tech-first platform revolutionizes title and closing for investors, while our client success, escrow, and title teams deliver a best-in-class customer experience on every deal,” says Jessica Greene, Empora’s Head of Client Success. “We think Florida investors are going to find that Empora is the perfect partner for their property transactions – especially given that we specialize in supporting the wide range of deals that they bring to the table.”

Sample closing costs for a $200,000 Florida property with $160,000 financed – Empora vs the average title company.

Major national real estate investors are excited about the impact that Empora will bring to their Florida transactions. Austin Rutherford, a prominent investor and founder of Elevate Life says, “Empora’s platform has saved me a ton of time, and is extremely friendly for remote transactions. Empora also doesn’t charge all the fees that other title companies do. This allows investors like me to keep more money in our pocket on every deal. This is going to be big for Florida investors!”

Hot but Affordable: Florida’s Real Estate Market

Florida is one of the hottest real estate markets in the United States, and for good reason. It continues to be a hotbed for investors due to its growing population, favorable tax laws, strong job market, and robust renter’s market. Thousands of people continue to move to sunny Florida thanks to its relative affordability and favorable year-round climate.

In addition, Florida continues to experience record-breaking tourism thanks to its gorgeous beaches and an array of entertainment & amusement parks. This makes Florida a very attractive place to invest in vacation rentals – which generally become a more favorable investment vehicle when appreciation slows.

Contrary to popular belief, the Florida real estate market is much more diverse, and affordable than some might think. Even star-studded Miami is relatively affordable with a median home price of $302,000 according to Kiplinger. Florida boasts many markets with median home prices near or below $300,000. 

Florida Cities Prime for Investing

According to Policygenius, 4 of the top 25 cities in the U.S. with substantial profit potential for investors are located in Florida:

  •         Pine Hills, FL: Home Value Appreciation: 97%
  •         SpringHill, FL: Home Value Appreciation: 85%
  •         Lehigh Acres, FL: Home Value Appreciation: 66%
  •         Palm Bay, FL: Home Value Appreciation: 64%

 

Our own research has uncovered 8 Florida real estate markets that have something to offer every type of investor, from fix-and-flip investors to those focused on short and long-term rentals. Click here to check out our take on the 8 hottest markets in Florida for real estate investors.

Empora will continue trailblazing the title industry, leaving no stone unturned in providing innovative services to investors across the U.S. We’re helping real estate investors close faster, more efficiently, and more affordably and we’re gearing up to provide services to investors across the country. Florida, Ohio, and Kentucky are now live, and more states are coming soon!

Empora Title is built for real estate investors. We redesigned the title and closing process to create a digital-first experience that delivers the fastest, smoothest closings possible and simplifies the management of multiple deals.

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800 N High Street,
Suite 4-101
Columbus, OH 43215

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