Buying New Construction in Prince William County-What to Expect at Settlement

Real Estate Agent with Integrity Real Estate Group

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 Agent
What to look for as you Tour the Model Home
Lot Premiums, Options and Upgrades
Builder Contracts, Incentives and Financing
Change 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: 

Settlement Documents•  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 Buying New construction in Prince William County will cover punch list repairs and builder warranties. In the meantime you've got a chance to unload the moving truck and celebrate with the bottle of your favorite chilled beverage!

If you are ready to get started on looking at new construction in Prince William County give Cindy Jones a call at 703-346-2213. Let my experience with builders and new home contracts give you an edge to get the deal you really want on your new home. Now more than ever an experienced buyer's agent on your side is critical to protect your best interests.


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If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

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Integrity Real Estate Group
Real People*Real Life*Real Estate

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Monique Hailer
Schooner Bay Realty., Inc. & CENTURY 21 New Millenniun - Cape Coral, FL
South West Florida & Southern Maryland Homes

Hi Cindy,

Great Post about Prince Williams County. I almost bought my first home in 1987. I was young and scared. I am still kicking myself.

Aug 23, 2009 01:44 PM #1
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Cindy, this is a great post and very informative for home buyers.  It was great of you to share this.

Aug 24, 2009 01:40 AM #2
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Cindy Jones

Pentagon, Fort Belvoir & Quantico Real Estate News
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