Wednesday, June 21, 2017


Selling a home can be a rewarding experience, but there may be delays in the closing due to situations that could have been avoided. Although closing procedures vary from state to state, having an understanding of what may be required at closing and preparing accordingly will help your settlement process go as smoothly as possible.

MORTGAGES ON THE PROPERTY: Please provide detailed information, including loan number and
payment address, for all mortgages on the property. Home Equity lines, even if they have a zero balance, will also require detailed mortgage information in order to satisfy the original loan requirements. 
BUYER PROTECTION PLAN: If a home warranty product is being provided and shown on contract,
advise the closing agent of the purchase amount to be collected.
MAINTENANCE CONTRACTS: If there are service contracts on equipment or appliances that the purchaser wants to assume, provide the closing agent with a copy of the service contract.  
JUDGMENT SEARCH: Any judgments, tax liens, etc., filed against you which attach to the property, must be paid at closing. 
INTERNAL REVENUE SERVICE (IRS): The closing agent is required to report the sale of the property to
the IRS. Please provide your social security number(s) and forwarding address at closing. 
citizen, the closing agent may be required to deduct and withhold a tax equal to 10% of amount realized (generally the amount paid for the property). Please review the FIRPTA requirements prior to closing. 
POWER OF ATTORNEY: The use of a Power of Attorney must be approved in advance of settlement by the closing agent. If you are planning to use a Power of Attorney, inform the closing agent as soon as possible to allow time to properly review the document.
MARITAL STATUS: Spouses may be required to sign closing documents even though they do not appear to hold title and their name does not appear on the deed. Spouses must always sign the deed when homestead property is being conveyed, even if they are not in title.
MAIL-AWAY: If you are unable to attend the closing, provide the address where the closing documents should be mailed and a contact phone number. Your signature on certain affidavits, real estate deeds and other documents may require the services of a notary.

Thursday, May 11, 2017

“It’s About Your Image” Event, May 24, 2017, 2:00 PM to 7:00 PM at Catalyst Media Center

Last year, Scott Livingston, a Senior Loan Officer with Movement Mortgage, noticed that
many small business owners wanted to have an updated professional headshot but
often put it off because of time constraints or the commonly charged fee of $150 or
more. “I teamed up with a local professional photographer to offer an inexpensive
oneday opportunity for small business owners to have a winning professional photo
taken.” The event was such a success that Mr. Livingston decided to do it again, and
this year’s event has been expanded to provide more opportunities for small businesses
to connect and grow. He has partnered with Lynn DeSena of STA Title & Escrow, Pam
Kuper, Realtor at Century 21 New Millennium, Cheryl Yancey, owner of Beauty & Logic
Designs, and Bryce Kinsey, owner of Catalyst Media Center. On May 24th,
photographer Tiffany Baird, of Images by Tiffany, will set up a one day
studio at Catalyst Media Center, located at 3451 Jefferson Davis Hwy, Fredericksburg, VA 22408,
where business owners can take advantage of a 15 minute time slot between 2:00 PM and
7:00 PM to get photographed. Additionally, Catalyst Media Center will be conducting
Onsite video interviews to be released to participating guests. Five local charitable
Nonprofit organizations will also be present at Catalyst to talk about volunteer openings
and upcoming fundraising events. To add to the fun, there will be special musical
performances and gift basket drawings. Fredericksburg favorites, Will’s Place, and Pifer
Brother’s food trucks will be onsite as well. Admission is free but attendees are asked
to bring in canned goods for the Fredericksburg Regional Area Food Bank or business
clothing items to help the Fredericksburg Area Association of Realtors (FAAR) with their
annual “Clothing for a Cause” drive. To reserve your spot, email Lynn DeSena at or find the Facebook event page, “It’s About Your Image.”


Wednesday, May 3, 2017

How Errors in Public Records Can Affect Your Home's Title 

Although the property you just purchased is new to you, it has a history, and sometimes, these histories can include unwanted baggage. During a real estate transaction's closing process, a title search on the property is completed to determine whether there are title defects that can have an effect on the purchase.
One common title issue buyers face when completing a title search is an error in public records. Humans aren't error-free, and a clerical or fi ling error regarding your property can have an effect on the deed and result in costs you may not have expected.
A title search is performed in order to determine if your home's title is clear, as well as to fi nd any mistakes that could have been made in public records.
An example of an error that could be fi led in public records is a description of the property that may appear to be accurate but isn't, like the square footage of the home. Since banks and lenders will only offer about 80-to-90 percent of a home's appraised value, if the home's actual square footage is different than what is listed on the documents, buyers may run into an issue with receiving the needed loan amount. As a result, buyers may be unable to obtain the loan and therefore unable to purchase the property.
 Improperly fi led legal documents, pending legal action or unreleased mortgages mishandled by public records can result in additional headaches for the buyers unless these issues are resolved.

Friday, March 31, 2017

Take a look at our Home Seller Guide. Please feel free to share with you clients. If you or your client have any questions give us a call and let one of our licensed title agents help you. (540) 368-5501. We also have a seller quote generator on our website If you need a log in email.

Monday, March 20, 2017

Common Types of Deeds


 is the strongest deed and warrants to the Grantee:
A.      That the Grantor has not previously conveyed the estate or any interest therein to
anyone except the Grantee; and
B.      The estate is free from encumbrances.
The General Warranty Deed is the deed most used in insuring titles to real property and gives the most protection to the Grantee.


limits the warranty to: “by, through or under the Grantor but not otherwise.”

These deeds are often used when the conveyance is from an executor, administrator, trustee, guardian, etc. There must be a valid reason for the Grantor to be limiting the warranty. We want to be certain that the Grantor does not have knowledge of some defect in the chain of title that is not being acknowledged.


 does not contain “grant and convey” language.
Quit claim deeds are not acceptable in the direct chain of title and are normally used only for curative matters. An example would be where a Divorce Decree properly divests one spouse’s interest in the property to the other–a Quit Claim Deed may then be used to satisfy disposal of the spouse’s interest in the real property records.
You can rely on our knowledgeable professionals to work diligently to ensure the orderly and efficient transfer of real estate.
We understand the importance of your transaction and are available to answer your questions.

STA Title & Escrow

Monday, January 30, 2017


How you hold title is affected by your marital status. Be sure to make both your lender and the title
company aware of any changes in your marital status so that documents can be prepared correctly.

A job change may result in your loan being denied, particularly if you are taking a lower-paying position or moving into a different fi eld. Don’t think you’re safe because you’ve received approval earlier in the process, as the lender may call your employer to re-verify your employment just prior to funding the loan.

After the lender has verifi ed your funds at one or more institutions, the money should remain there until needed for the purchase.

If your Loan Officer advises you to pay off certain bills in order to qualify for the loan, follow that advice. Otherwise, leave your accounts as they are until your escrow closes.

A major purchase that requires a withdrawal from your verifi ed funds or increases your debt can result in your not qualifying for the loan. A lender may check your credit or re-verify funds at the last minute, so avoid purchases that could impact your loan approval.