Happy New Year!

I hope this post finds you having a very happy and safe New Year.

With the New Year comes big changes in the Real Estate Industry. Title One, Inc. would like to make these changes easier for you, so we have instituted a single fee for Refinances and Purchases, called the Title One Fee. Our online calculator and invoices will now detail the Title One Fee, Lender's Policy, Owner's Policy (if applicable) and government recording and transfer charges. On the new HUD, line 1101 will now combine the Title One Fee and the Lender's Policy (line 1104 will disclose the lender's policy premium separately). Line 1103 will show the optional Owner's Policy amount. Lines 1105 - 1108 will now be additional applicable Lender's and Owner's disclosures as it pertains to the new RESPA regulations.

Thanks and have a terrific 2010!