New Construction · Builder Closings · Construction Loans
New Construction Closings in Virginia
Locust Grove Title and Settlements, LLC assists builders, buyers, Realtors, and lenders with new construction transactions throughout Virginia, including spec homes, custom builds, and construction financing transactions.
Experienced with Land, New Construction, and Traditional Residential Closings.
A breadth of closing experience that many residential-only title companies don’t offer.
What we handle on new construction files
From a single custom home to a full subdivision rollout, we close new construction transactions across Virginia with the same care we bring to every residential settlement.
Builder Transactions
Settlement services for Virginia builders — from single-lot custom homes to multi-lot subdivision draws. We coordinate with your construction lender, project manager, and Realtor partners to keep closings on schedule.
Spec & Custom Homes
Spec home sales, model home closings, and one-of-a-kind custom build settlements. We handle deed preparation, escrow, and title work whether you're the builder, the buyer, or the buyer's agent.
New Subdivisions
Lot-by-lot closings inside new Virginia subdivisions, including HOA document handling, plat review, and coordination with the developer's title or escrow requirements.
Construction-to-Permanent Financing
Construction-to-perm and modification closings handled directly with your lender — initial construction draw, modification at completion, or single-close C-to-P programs.
Lot Purchases + Construction Loans
Buying the land and financing the build together? We close the lot purchase and the construction loan as a coordinated transaction so timing, payoffs, and title work line up.
Title Insurance for New Construction
Owner's and lender's title policies for newly built homes — including mechanic's lien coverage considerations and date-down endorsements on construction draws, subject to underwriter requirements.
Coordination
Built for builders, lenders, and Realtor teams
New construction closings involve more moving parts than a standard resale — draw schedules, lien waivers, certificates of occupancy, HOA documents, and last-minute punch-list timing. We coordinate directly with everyone at the table so the closing date holds.
- Direct communication with builders, project managers, and superintendents
- Coordination with construction lenders on draw schedules and payoffs
- Realtor-friendly file updates from contract through certificate of occupancy
- Deed prep, HOA document handling, and plat / subdivision review
- Lien waiver collection and mechanic's lien risk review
- On-time CDs and clean settlement statements for builder and buyer files
Closing a new build in Virginia?
Send your ratified contract, construction loan package, or builder file and we’ll open it the same business day. Not sure which forms apply? Call us — we’ll walk you through it.