Virginia

Virginia

Service Fee
Settlement Fee - Arlington, Fairfax counties; City of Alexandria (all inclusive) $975
Settlement Fee - other counties (all inclusive) $1,275

Our settlement fee includes the following services:

  • Title abstract
  • Courier costs
  • Tax certificate
  • Admin fees
  • Closing fee
  • Notary fees
  • Title insurance binder
  • Recording service fee (if applicable)

For bank-owned / foreclosure, new construction, short sale and commercial properties, settlement fees may vary. Use Quick Quote for an accurate and anonymous closing cost estimate.

The all-inclusive fee does not include the following services, as these are additional services not required for all transactions.

Additional Services Fee
Power of Attorney Document Preparation $125
Simultaneous 2nd Trust settlement fee* $300
Buyer Remote Closing/Signing** $250
Expedited Closing*** $350
  • * An additional fee of $300 applies if you obtain a second mortgage (i.e., home equity line of credit) simultaneously with your transaction.
  • ** IMPORTANT: Due to the numerous documents required to be signed by homebuyers and the lender-imposed signature rules, buyer remote closings pose a significant risk to the homebuyer. For lender financed transactions, original wet-ink documents must be signed and returned to our offices no later than the date of closing. Additionally, a missing signature, initial, improper document date, or improper notarization would nullify the closing and require a re-scheduling of the closing date; the result of which may jeopardize the homebuyer’s performance under the terms of their sales contract and put them at risk of a default. Note also that many mortgage lenders prohibit the practice of homebuyer remote closings/signings.
  • *** For requests to close within 10 business days from the date of the title order.
Prices applicable to Arlington and Fairfax counties and the City of Alexandria. All other jurisdictions, use our [Quick Quote].

Settlement fees are fixed, meaning they remain constant regardless of purchase price; however, settlement fees are not the only fees included in closing costs.

Consumers must also pay transfer & recordation taxes (buyer & seller, respectively) and a title insurance policy premium. These costs vary depending on the purchase price of your home. We encourage you to grab a Quick Quote today for an accurate and anonymous estimate of how much money you will need to bring to the closing table.

By law, it is the buyer's right to choose what title company handles their closing. A little shopping can save a homebuyer thousands of dollars.

Updated 01-06-2016 | Information reliable but not guaranteed

Virginia

The settlement fee is $975 in Alexandria, Arlington and Fairfax counties. In all other counties, the fee is $1,275.

The following services are included:

  • Title abstract
  • Courier costs
  • Tax certificate
  • Admin fees
  • Closing fee
  • Notary fees
  • Title insurance binder
  • Recording service fee (if applicable)

For bank-owned / foreclosure, new construction, short sale and commercial properties, settlement fees may vary. Use Quick Quote for a fast, anonymous and accurate estimate of closing costs.

Please note: The lump sum does not include the following services, as these are additional services not required for all transactions.

1.  Location survey*^

 * Only applicable for single family homes
 ^ Survey prices may vary with location

A location survey may be required by your lender.
Cost is $360 in Virginia.

2.  Power of Attorney preparation
Cost is $125 in Virginia.

3.  Simultaneous 2nd Trust settlement fee

An additional fee of $300 applies if you obtain a second mortgage (i.e., home equity line of credit) simultaneously with your transaction.

  Prices applicable to Arlington County, VA; Fairfax County, VA and City of Alexandria, VA. All other jurisdictions, please use our Quick Quote.


Settlement fees are fixed, meaning they will not change regardless of the purchase price of your home.

Settlement fees are not the only fees associated with closing costs.

Consumers must also pay transfer & recordation taxes (buyer & seller, respectively) and a title insurance policy premium. These costs vary depending on the purchase price of your home.

By law, it is the buyer's right to choose what title company handles their closing. A little shopping can save a homebuyer thousands of dollars.

We encourage you to grab a Quick Quote today for an accurate and anonymous estimate of how much money you will need to bring to the closing table.

Updated 10-30-2013 | Information is reliable but not guaranteed.