Bill Evans and Settlements, Inc. has specialized in real estate
practice in Manassas for more than 30 years. He and his staff have the experience
and expertise to handle all real estate settlement matters. Their many years
of excellent service includes purchases, refinancing, construction, and
home equity loan closings. In
addition, they are actively engaged in providing legal services to the
home building industry, and have extensive knowledge and expertise in
the acquisition, development, subdivision, and sale of new homes.
"For Sale by Owners" are welcome to contact Bill and
his staff for assistance with selling a home or property.
Bill
Evans and Settlements, Inc. are conveniently located just six traffic
lights from I-66 at exit 47A. His helpful staff is available to answer
any questions regarding your real estate matters.
Please call or contact Bill Evans and Settlements, Inc.
by email
and let them help you with your real estate needs.
— Bill
Evans and Settlements, Inc. Fee
Schedule —
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Seller:
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Buyer:
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| Settlement
Fee |
$250.00 |
Settlement Fee
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$185.00 |
| Document Preparation |
$150.00 |
Title Search |
$185.00 |
| Release of Mortgage |
$120.00/release |
Document Preparation |
$100.00 |
| Overnight Courier Fee |
$45.00
(for mortgage payoff) |
For Sale By Owner
Contract Preparation |
$100.00 |
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Title Insurance |
Quote given upon determination
of Sales Price/Loan Amount |
To complete our Request
For Title form, please CLICK HERE. |
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Title
Insurance – Protection You Need
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| Throughout the years, Equitable
Title Agency has grown in stature with a solid reputation
for integrity and standing the test of time. It is our business to
use information to protect real estate property buyers and lenders
from problems that might affect title ownership. Coverage is provided
on residential and commercial properties.
Title insurance is issued after a careful examination of copies
of the public records. But even the most thorough search cannot
absolutely assure that no title hazards are present, despite the
knowledge and experience of professional title examiners. In addition
to matters shown by public records, other title problems may exist
that cannot be disclosed in a search.
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Searching the public records will disclose:
- Prior owner(s) of record
- Prior deeds
- Outstanding mortgages
- Court judgments
- Liens and foreclosure actions
- Tax and Assessment liens
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Title Insurance insures your right and 'title' to the property. It
also protects you from hidden defects in title, such as:
- Incorrect legal description of the property
- Claims of undisclosed heirs
- Title taken by an improperly probated will
- Missed, lost or forged documents
- Impersonation of another
- Confusion of title due to similar names
- Falsified marital status
- Documents signed by minors or incompetents
- Clerical error at the courthouse
CLICK HERE to complete our Request
For Title form.
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| Why do you need title insurance?
To protect possibly the most important investment you'll ever make
- the investment in real estate.
A lender goes to great lengths to minimize the risk of lending
money for the purchase of real estate. First, credit is checked
as an indication of the borrower's ability to repay the loan.
Then, the lender seeks assurance that the quality of the title
to the property to be acquired and which will be pledged as security
for the loan is satisfactory. The lender does this by obtaining
a loan policy of title insurance.
The loan policy does not protect the borrower. The loan policy
protects the lender against loss due to unknown title defects. It
also protects the lender's interest from certain matters that may
exist, but may not be known at the time of the sale. But, this policy
only protects the lender's interest. It does not protect the borrower.
That is why a real estate purchaser needs an owner's policy, which
can be issued at the same time as the loan policy.
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| What is Title Insurance?
Title insurance insures your rights and title to the property you
are purchasing. It insures that you have 'marketable' title, a title
insurance commitment, and subsequently, a policy is issued to the
borrower.
Why do I need it?
Generally, you need title insurance to guarantee to you that there
are no liens or encumbrances on the property you are purchasing.
It insures you against loss or damage from defects of title to the
property or loss of the property due to existing liens at the time
of insuring.
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To complete our Request
For Title form, please CLICK HERE.
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