Register Now
Already registered? Login

Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search

view all



No Min.

No Max.

Linda Willer

RE/MAX Action Real Estate
Charlottesville, Virginia
Real Estate Agent
Contact Me

Contact Me

* fields are required

What Happens on Closing Day?

The settlement agent’s role ($200 - $550 and a part of closing costs) in closing your transaction involves researching the title and arranging for title insurance as well as the disbursement of funds to the seller, lender, and others involved in the transaction. So that there is no conflict of interest, the buyer and seller each have different settlement agents. The sellers will not be present at the time of your signing papers on closing day.

You will be given a choice in settlement agents, whether it is a title company or an attorney. A title company is not able to answer any legal questions and cannot interpret legal documents. If a question arises at the last minute, attorney assistance may be needed and you would end up paying for both the closing company AND an attorney. A title company runs about $250 and an attorney runs around $450. It is your choice which you would like to use.

If you or your co-signer will be unavailable the day of settlement, it is possible to assign power-of-attorney to another party, usually for a $50 fee. Settlement can also be taken care of through the mail, if power-of-attorney is not an option.

I will be allowed to give you the keys to your new home once the deed has been recorded by the settlement agent. The settlement agent is often able to record the deed if the closing takes place before 2:00pm, your lender has wired funds prior to this time, and the day is not a holiday. Unlike other types of settlement, the parties do not meet around a table to sign documents. It is not unusual to never meet the sellers of your new home.

Start shopping online! Email for property listings in your price range

Linda Willer | 434-985-4094 | Contact Me
1770 Timberwood Blvd, Suite 101 - Charlottesville, VA 22911
Copyright © , All Rights Reserved

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu