VETERAN OWNED AND LED
Choose a settlement provider that can explain the work needed for your actual property transaction. A general list of escrow services is less useful than a clear description of the provider’s responsibilities, fees and communication process.
Start with the transaction type
Tell the team whether you are buying or selling residential property, refinancing, or completing a commercial transaction. Pike Title provides title and settlement services for these real estate transactions. Ask about a specialized situation before assuming it is included.
Confirm who holds and handles funds
Ask who holds the earnest-money deposit and how the contract directs its credit or release. Discuss the final amount needed for closing, accepted payment methods and how payment instructions are verified. Transaction escrow is separate from the lender or servicer account used for recurring mortgage taxes and insurance.
Compare the actual services and fees
- What title research and settlement services are included?
- Which title insurance policies are proposed?
- Who answers questions about the file?
- Which charges are estimates that may change?
- What arrangements are available if a signer cannot attend?
Ask about the steps after signing
Confirm the expected funding, recording, payoff and disbursement sequence for your specific transaction. Ask how you will receive confirmation and which records you should keep. Avoid relying on a general promise about when proceeds will arrive.
For a Roanoke transaction, provide the complete property address and identify whether it is in Roanoke City, Roanoke County or another jurisdiction. This helps the title team identify the relevant records and transaction details.
Discuss your title and settlement questions
Pike Title’s Roanoke office provides title insurance, escrow services and attorney-directed closings at 2727 Electric Road, Suite 200, Roanoke, VA 24018. Call (540) 300-6911 or request a settlement quote with the property address and anticipated closing date.