Now I’ll turn the conference over to your host, Jamie Lillis. pleased with our third quarter results, the best performance on a quarterly basis for our title business in 16 years. We are well.
From making sure your financial documents are in order to packing boxes, there are several moving parts when you’re closing on a home. One thing homebuyers give little thought to is how to title.
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How much does title insurance cost? Title insurance premiums can vary from a couple of hundred dollars to a couple of thousand dollars. Some factors that can affect the cost of your premium include the title search, examination, and expected cost of any title defects.
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Lender’s Title Insurance. This comes by way of the lender’s title insurance loan policy. The lender’s policy expires once the loan has been paid in full and satisfied. You will likely be required to purchase lender’s title insurance each time you refinance or buy a new home.
A closing agent-usually an attorney or official from a title or mortgage company, and not to be confused with your real estate agent-oversees this process, which typically takes place at a title company, escrow office, or your home. Mortgage closing costs are a big part of buying or refinancing a home.