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What are Title and Settlement Services? (A Real Estate Loan Estimate Guide)

3/23/2022

 
Picture

​Everything is in place to close on your new home. Your mortgage company has just handed you a loan estimate.

​On it you see a cost for title and settlement fees.
 
For most people, this is an unfamiliar term. What does it mean and why should you pay for it?


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    Tammy Lilly

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What Our Clients Are Saying


Great place to do your home buying with. Tammy knows what she is doing. Carol Ashman

The crew at Lilly Title and Settlement are the best! When they handle a settlement, I never have to worry. I never have to ask about the status of a closing because they send me weekly updates, and if there is anything I need to know in the meantime, they contact me right away.

As a busy Realtor, that's extremely important. Their knowledge and years of experience are simply unbeatable. In all the years I have worked with them, I have not seen a mistake.

​Tammy Lilly is meticulous in making sure every document is checked and double-checked before it leaves her office. I always trust Lilly Title to operate with total integrity and to always have a positive "can-do" attitude! Ed Davis, Realtor

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Lilly Title & Settlement
934 North Augusta Street
Staunton, VA 24401-3282
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  • Home
  • Real Estate Articles
    • What Does a Title & Settlement Company Do? >
      • Common Title Issues That Delay Closings
    • Do I Really Need Title Insurance?
    • VA Real Estate Closing Guide
  • Service Areas
    • Waynesboro, VA
    • Staunton, VA
  • Services
    • Homeowner Real Estate Closings
    • Homeowner's Title Policy
  • Title Insurance Blog
  • Testimonials
  • About Us