Settlements

Our Role In the Settlement Process

Provident Title & Escrow takes its role in the settlement process very seriously. We recognize the importance of the process to all parties involved. A settlement conducted correctly does not have to be filled with problems. Provident Title & Escrow has the experience and ability to make the settlement process a very positive experience.

Because we have organized and conducted thousands of settlements over the years we know how to produce a very smooth and informative settlement. We can anticipate most of the potential problems surrounding the process and solve them before they become an issue.

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Steps to the Settlement Process

In real estate, the settlement is often referred to as “the closing.” It’s the final stage in a home transaction, when ownership of the property is transferred from the seller to the buyer. There are several basic steps when it comes to the settlement process.

  • Open an escrow account with Provident Title & Escrow

  • Prepare and process title components (i.e. title search, title insurance, etc.)

  • Negotiate closing costs

  • Complete the home inspection for any hazards

  • Complete a pest inspection

  • Contact utility companies

  • Lock in the interest rate and remove contingencies

  • Do a final walkthrough and inspection of the property

  • Make a settlement appointment to sign the deed

What You Need to Know

Once a contract is presented, Provident Title & Escrow orders the title exam, survey, payoffs and contacts all necessary parties as soon as possible. With our extensive experience, we are able to identify and resolve most title and survey issues well before they can cause a delay in the settlement.

We provide all of our fees up front so no one has to guess their settlement charges. Our fees*** are listed at the bottom of this page. By aggressively gathering all required information our goal is to provide a completed settlement statement with all lender charges well before settlement. We don’t believe people should be discovering their charges for the first time at settlement.

All settlements are conducted in a very professional and friendly environment. All settlement documents are thoroughly explained prior to signing. Copies of all signed settlement documents are provided immediately after the documents have been signed. We can also place your signed copies on a disc to reduce the amount of paper documents you need to store after the settlement.

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Settlement Fees

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Settlement Fees - Full Sale

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Settlement Fees - Refinance

All settlement companies are not alike. When deciding on a settlement company, choose one that has the experience and skill to provide the quality settlement you expect. A settlement company you can trust to take care of your money and the title to your most precious asset, your home. Let Provident Title & Escrow relieve your worries about the settlement process.

What Are You Waiting For?

Get in touch with us today!

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Continued Real Estate Education

The Provident School of Real Estate was established to provide educational opportunities to Virginia Real Estate Agents. Post Licensing and Continuing Education Courses are designed with the Real Estate Agents' needs in mind. We offer classes satisfying the mandatory and elective requirements determined by the Commonwealth of Virginia. All Provident classes have been approved by DPOR for license renewal.

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Real Estate Settlements

All settlements are conducted in a very professional and friendly environment. All settlement documents are thoroughly explained prior to signing. Copies of all signed settlement documents are provided immediately after the documents have been signed. We can also place your signed copies on a disc to reduce the amount of paper documents you need to store after the settlement.

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Law Offices

All settlement companies are not alike. When deciding on a settlement company, choose one that has the experience and skill to provide the quality settlement you expect. A settlement company you can trust to take care of your money and the title to your most precious asset, your home. Let Provident Title & Escrow relieve your worries about the settlement process.