Tag Archives: title company

Customary Closing Costs for a Buyer on a Real Estate Transaction

Customary Closing Costs for a Buyer on a Real Estate Transaction

If you’ve been through the process of buying or selling a house or you’ve refinanced your current home, you’ve had to pay closing costs. In the state of Virginia, title companies are used for closings. During your transaction with them and settling on the house, you most likely got a document from them that looked like this, listing out everything that you’d be paying for at closing. Maybe you didn’t quite understand it, or maybe you’re a first-time homebuyer and need to know what all you’ll be paying for at closing. Here’s a breakdown of many of the costs for buyers. Continue reading

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What is the role of a title company in Northern Virginia?

What is the role of a title company in Northern Virginia?

During the home buying process, roles like those of the realtor and home inspector are easily understood. Other roles, like the role of the title company, may be puzzling. It’s important to understand the critical role that the title company plays in the purchase of your new home, as it protects you from legal disputes over the property. If you are purchasing a home in Northern Virginia you have the right to use a title company or a real estate attorney to close and process your transaction. With most residential transactions in Northern Virginia, a title company is used. Here are some key points to know about your title company. Continue reading

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