|
 |
| When will my funds be disbursed? |
| Champion Title will process the disbursement of your settlement funds quickly and efficiently. Virginia law requires that all funds must be received in cash or its equivalent, and that the funds be deposited prior to disbursement of proceeds. Further, the Deed and the lender documents must be recorded in the clerk’s office to ensure the purchaser received good, marketable title to the property. You should expect to receive your funds within two days of settlement. In most cases funds will be available the next business day. If you are planning on attending settlement on another property within two days of settlement, please provide the details of that settlement so that we may coordinate the transfer of funds to the settlement agent. Our staff can wire transfer funds directly to your account if you provide a voided check; the net proceeds can be mailed pursuant to your instructions; or you can arrange to pick up the funds after settlement. |
|
|
|
|
