Select Settlement Agency

Please use this page to familiarize yourself with the types of fees that are charged in order to legally change owners of a property. This is not intended to educate you on all aspects of the settlement process, but to give you a view of the fees you'll see during settlement. The information in this spreadsheet is a comparison of a few Settlement Agencies in Fairfax in April/May of 2005. All fees are subject to change and may not include all fees necessary for your particular settlement. The house used to gather quotes had a sales price of $485,000 with a loan amount of $440,000

Buyer Costs             Recording Fees            
 
   Title Ins binder
Title Search and Exam
Settlement Fee
==========

Lender only
Title Insurance
=============

Standard+Buyer
 ==============

Enhanced+Buyer		 Courier Releases County Stamps .0833 per $100 State Tax .25 per 100 Notary Fee Record Deed Fee Certificate of Satisfaction Survey
Total fees for Buyer
using Enhanced title insurance option
Key Title   $ 95.00 $ 195.00 $ 190.00 $1,118.00 $1,749.00 $ 2,028.80 $ 68.00   $ 775.62 $2,325.00 $ 9.00 $ 30.00     $ 5,716.42
 13135 Lee Jackson MMRL Hwy, Fairfax, 22033 (703) 803-8600   
 		                      
RGS   $ 85.00 $ 225.00 $ 195.00   $1,749.00 $ 2,234.00 $ 61.50 $ 59.00 $ 775.62 $2,325.00         $ 5,960.12
 2911 Hunter Mill Road Oakton, VA 22124 703-242-9600   
 		                      
MBH   $ 95.00 $ 195.00 $ 195.00 $1,118.00 $1,341.50 $ 2,088.80 $ 78.00   $ 775.62 $2,325.00   $ 79.00   $ 200.00 $ 6,031.42
4025 Fair Ridge Drive, Ste. #100
703-279-1500
*$66 special in May/June                       
Stuart Title   $ 75 $ 125.00 $ 225 $ 1106 $ 1749 $ 2234 $ 25   $ 775.62 $2,325.00         $ 5,784.62
 703 352-2900   
                        
Seller Costs                              
 
 
Grantor's Tax .50 per $500
Clerk's Fee (Per deed released)
Mortg Release
Settlement Fee
Doc Prep
R-5 Compliance
Payoff Processing Fee
Notary Fee
 Total Settlement fees for Seller
 
 
 
 
 
 
Key Title   $ 485.00 $ 31.00 $ 110.00 $ 250.00 $ 125.00     $ 9.00 $1,010.00            
RGS   $ 485.00   $ 95.00 $ 225.00 $ 150.00 $ 35.00     $ 990.00            
MBH   $ 485.00   $ 125.00 $ 225.00 $ 150.00 $ 45.00 $ 50.00   $1,080.00            
Stuart Title   $ 485.00 $ 31.00 $ 54.00 $ 235.00 $ 75.00       $ 880.00            

Click here for Frank's fascinating independent opinion on Title Insurance


Last Updated on 5/22/05