What does a title company in Northern Virginia do? A title company handles your closing, which includes a variety of contract-to-close tasks including organizing the transfer of title, handling title insurance, processing paperwork with the city/county, handling prorations of property taxes and condo fees, preparing all closing documents between the buyer, seller and lender, doing a title search to make sure you are being delivered good and marketable title to the property, etc.
The settlement fees that a title company charges are included in the estimate of your closing costs that your mortgage professional will provide to you.
Learn about what role a title company in Northern Virginia plays in real estate closing!
A home buyer always gets to choose their settlement company in Virginia, so you are welcome to research and choose whomever you’d like. A real estate lawyer can also handle your real estate settlement.
Choosing the Right Title Company in Northern Virginia
There are a lot of title companies in Northern Virginia, and most of them offer competitive rates for their services. What usually differentiates them is the level of service that they offer.
Whichever title company in Northern Virginia that you choose, it’s important that they are organized, efficient, responsive, and have great lawyers on staff to answer questions and resolve challenges that sometimes come up in real estate contracts.
I do 25 to 30 sales per year, and I've worked with a lot of title companies in Northern Virginia. I’ve experienced a good number of title companies that don’t do a great job, which creates more stress for a home buyer.
Believe it or not, I was helping a client sell a property one time, and the title company they had used when they bought their home several years earlier had not made sure everything was recorded correctly, so my clients' names were never listed on the tax record. Needless to say, this created a huge headache when trying to sell the property.
So whichever company you use, you just want to make sure their staff is really good at what they do.
Would you like to learn more about how real estate closings work? Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com. Part of my job as a real estate agent is to guide you not only through the home searching process, but also to lead you every step of the way from contract to close.