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Buying New Construction in Prince William County-What to Expect at Settlement
Your new home is ready and today is the day you've been waiting for...settlement!
A quick reminder on how you finally got to this spot you can review:
Hiring a Buyer's AgentWhat to look for as you Tour the Model HomeLot Premiums, Options and UpgradesBuilder Contracts, Incentives and FinancingChange Orders and Inspections
Settlement on a new home in Prince William County isn't any different than settling on any other home.  The settlement process is actually quite simple but loaded with paperwork.  As the buyer the majority of the paperwork is yours.  The most important document that the seller has to sign is the deed transferring the title of the property to you.  On the other hand you will be signing and reviewing: 
•  HUD-1•  Property Deed (accepting the property)•  Final Loan Papers•  Deed of Trust•  Title Insurance•  Survey•  Termite Report•  Tax Documents
The settlment company we selected is experienced at answering all your questions and despite the mound of paperwork the process itself usually only takes around an hour.  Once you have finished the settlement company will send the lender back all of the signed loan documents and take the deed and deed of trust to the appropriate county courthouse to be filed.  Our last installment of ... more

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