 For
all real estate settlement matters, Settlements Inc. and Equitable Title
Agency will handle required legal work related to purchases, refinancing,
construction, and home equity loan closings. They are also 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
and even For Sale By Owner (FSBO) contracts.
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.
at: Phone: 703-368-7600 - or -
Toll Free:1-800-303-5710
or by Email at: william@settlementsinc.com
and let them help you with your real estate needs.
—
Bill Evans and Settlements, Inc.
Fee Schedule — |
Seller:
| Buyer:
| | Settlement
Fee | $250.00 | Settlement
Fee
|
$200.00 |
| Document Preparation | $150.00 | Title
Search |
$200.00 |
| Release of Mortgage | $150.00/release | Document
Preparation |
$175.00 |
| Overnight Courier Fee | $45.00
(for mortgage payoff) | For
Sale By Owner
Contract Preparation | $100.00 |
| | | Title
Insurance | Quote given upon determination
of Sales Price/Loan
Amount |
To complete our Request For Title
form, please CLICK HERE. |
|
Title
Insurance – Protection You Need |
| 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.
|
|
|
|
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
|
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.
|
|
| 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.
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. |
To complete our Request For Title
form, please CLICK HERE. | |
