Provident Title & Escrow
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Provident Title & Escrow
The Provident School of Real Estate was established to provide educational opportunities to Virginia Real Estate Agents. Post Licensing and Continuing Education Courses are designed with the Real Estate Agents' needs in mind. We offer classes satisfying the mandatory and elective requirements determined by the Commonwealth of Virginia. All Provident classes have been approved by DPOR for license renewal.

All settlements are conducted in a very professional and friendly environment. All settlement documents are thoroughly explained prior to signing. Copies of all signed settlement documents are provided immediately after the documents have been signed. We can also place your signed copies on a disc to reduce the amount of paper documents you need to store after the settlement.

All settlement companies are not alike. When deciding on a settlement company, choose one that has the experience and skill to provide the quality settlement you expect. A settlement company you can trust to take care of your money and the title to your most precious asset, your home.
Services
The first office opened in Burke, Virginia and is operated under a licensee agreement with RGS Title, a large regional settlement company.
Since the opening of the first office in 2001, Provident Title has opened three additional offices in Lorton, Springfield and Chantilly, Virginia.
The Burke, Lorton and Springfield offices are operated under the RGS Title name, while the Chantilly office is operated under the Provident Title name.
John and Cathy Richter have been conducting settlements for over 20 years in Northern Virginia.
Provident Title & Escrow takes its role in the settlement process very seriously.
We recognize the importance of the process to all parties involved.
A settlement conducted correctly does not have to be filled with problems.
Provident Title & Escrow has the experience and ability to make the settlement process a very positive experience.
Because we have organized and conducted thousands of settlements over the years we know how to produce a very smooth and informative settlement.
We can anticipate most of the potential problems surrounding the process and solve them before they become an issue.
The purchase of a home can be one of the most stressful transactions in a person's life.
With so many different aspects to worry about, title insurance is something that most people don't consider until the day of closing.
Title insurance is an important part of the transaction and can end up saving you time and money in the future.
The main purpose of title insurance is to guarantee that no one else can claim your property.
It also provides the peace of mind that you will not incur unexpected debts from your new property.
What does refinancing mean in real-estate?
In the world of real estate, the term "refinancing" refers to when you want to exchange your existing mortgage with a new one (that extends more benefits to you, the borrower).
Typically, refinancing is done so the borrower can obtain a better interest term and rate for their property.
For borrowers with good credit, refinancing is a way for them to switch to a fixed (and much lower) interest rate.
For borrowers with bad credit, refinancing may be a risky move.
At Provident Title & Escrow LLC, we are proud to announce we have established the "Title Insurance and Settlement Company Best Practices" according to the recent suggestions and guidance provided for by the American Land Title Association (ALTA).
ALTA created these Best Practices to help its members highlight policies and procedures the title insurance industry exercises to protect lenders and consumers, while ensuring a positive and compliant real estate settlement experience.
While our title agency has historically maintained the vast majority of these business practices in conducting our day-to-day business and also understanding that these ALTA guidelines are strictly voluntary, Provident Title & Escrow LLC has chosen to ratify and embrace the sum total of these Best Practices on behalf of our customer's real estate transactions.
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