Sandra L. Wilson a local real estate broker was searching for an alternative solution for closings in the area. Closings were always performed by attorneys and no closing company's covered this area. Many clients requested a title company to close as it has long been a common practice in other areas, however completely foreign to Tioga County, PA.

After months of preparation, Serve-U-Settlement opened its doors June 2006. The new business was quickly embraced by the realtors, and Financial Instutions as a quick, reasonable alternative for closing a property or refinancing a current loan.

June of 2005 David Stewart was hired as a title agent/searcher and Holly Campbell became the closing agent/notary. From that point on the business began to flourish as clients were satisfied with the cost savings, speed by which the closing could be completed, and the professionalism of the staff. To date Serve-U-Settlement is a thriving business providing unparalleled service to new and repeat clients. 

FAQ'S

Q: At what point do I contact Serve-U-Settlement for closing?

A: You can call us as soon as you have a signed agreement of sale by all parties, and let our office know you would like to use us. You can also let your real estate agent or loan officer contact us.

Q: What are the typical closing costs?

A: Our fees that we charge are state mandated, we do not determine the fees we charge. The only fee our office charges a buyer is for Title Insurance, any endorsements per the lender, and a Closing Protection letter, also per lender request.

There are other standard closing fees and they are estimated as follows:

• Transfer tax – typically 1% of the purchase price
• Deed recording fee – 42.00+
• Mortgage recording fee – 72.00+/-
• Proration of Real Estate Taxes – This depends on the settlement date and the amount of each property’s taxes for the year.
• Any loan fees if a lender is involved
  

Q: What is the turnaround time for a closing?

A: We typically work on a 2 week time frame.

Q: What can I expect at closing?

A: Closing usually takes no more than an hour. You will need to bring a state ID card with photo or Driver’s License. We will only accept a cashier’s check for payment over $10,000.00 for funds due at closing, the check will need to be made payable to Serve-U-Settlement.