| 
Purchase price of $250,000, with $200,000 in new financing
| |
Title One |
Burnet
Title |
Dakota Abstract & Title |
Edina Realty Title |
|
Closing Fee |
$225.00 |
$280.00 |
$250.00 |
$290.00 |
|
Exam Fee |
135.00 |
145.00 |
125.00 |
140.00 |
|
Name Search |
25.00 |
35.00 |
25.00 |
30.00 |
|
Plat Drawing |
55.00 |
60.00 |
50.00 |
50.00 |
|
Recording Service Fee (satisfaction
and one mortgage) |
50.00 |
50.00 |
40.00 |
40.00 |
|
Title Insurance
Lenders |
400.00 |
577.50 |
812.50 |
562.50 |
|
Owners |
250.00 |
330.00 |
300.00 |
|
Adjustable Rate Rider |
0.00 |
50.00 |
50.00 |
50.00 |
|
Package Processing Fee |
20.00 |
|
|
|
|
TOTALS: |
$1,160.00 |
$1,527.50 |
$1352.50 |
$1,462.50 |
|
Total Savings |
|
$387.50 |
$212.50 |
$322.50 |
| |
Title One |
Stewart
Title |
Chicago
Title |
Walsh Title |
|
Closing Fee |
$225.00 |
$250.00 |
$275.00 |
$275.00 |
|
Exam Fee |
135.00 |
130.00 |
130.00 |
140.00 |
|
Name Search |
25.00 |
30.00 |
30.00 |
30.00 |
|
Plat Drawing |
55.00 |
60.00 |
60.00 |
60.00 |
|
Recording Service Fee (satisfaction
and one mortgage) |
50.00 |
50.00 |
60.00 |
30.00 |
|
Title Insurance
Lenders |
400.00 |
575.00 |
575.00 |
562.50 |
|
Owners |
250.00 |
287.50 |
287.50 |
300.00 |
|
Adjustable Rate Rider |
0.00 |
50.00 |
0.00 |
50.00 |
|
Package Processing Fee |
20.00 |
|
|
|
|
TOTALS: |
$1,160.00 |
$1,432.50 |
$1,417.50 |
$1,447.50 |
|
Total Savings |
|
$292.50 |
$277.50 |
$307.50 |
| |
Title One |
1st American Title |
Fiserv Lending |
Excel Title |
Closing Fee |
$225.00 |
$270.00 |
$250.00 |
$275.00 |
Exam Fee |
135.00 |
160.00 |
200.00 |
125.00 |
Name Search |
25.00 |
36.00 |
30.00 |
50.00 |
Plat Drawing |
55.00 |
60.00 |
60.00 |
60.00 |
Recording Service Fee (satisfaction
and one mortgage) |
50.00 |
30.00 |
30.00 |
60.00 |
Title Insurance
Lenders |
400.00 |
508.75 |
687.50 |
575.00 |
Owners |
250.00 |
306.75 |
175.00 |
287.50 |
Adjustable Rate Rider |
0.00 |
0.00 |
50.00 |
0.00 |
|
Package Processing Fee |
20.00 |
|
|
|
TOTALS: |
$1,160.00 |
$1,371.50 |
$1,482.50 |
$1,432.50 |
Total Savings |
|
$231.50 |
$342.50 |
$292.50 |
| |
Title One |
Old Republic Title |
Commonwealth Title |
|
Closing Fee |
$225.00 |
$250.00 |
$275.00 |
|
Exam Fee |
135.00 |
125.00 |
130.00 |
|
Name Search |
25.00 |
25.00 |
30.00 |
|
Plat Drawing |
55.00 |
60.00 |
60.00 |
|
Recording Service Fee (satisfaction
and one mortgage) |
50.00 |
40.00 |
50.00 |
|
Title Insurance
Lenders |
400.00 |
537.50 |
562.50 |
|
Owners |
250.00 |
345.00 |
300.00 |
|
Adjustable Rate Rider |
0.00 |
50.00 |
50.00 |
|
Package Processing Fee |
20.00 |
|
|
|
TOTALS: |
$1,160.00 |
$1,432.50 |
$1,457.50 |
|
Total Savings |
|
$292.50 |
$317.50 |
| Even more savings: $165 closing fee
on most transactions involving new financing in which both the
buyer and the seller use Title One, Inc. |
*Our competitors' figures
were obtained from verbal quotes in April/May of 2005 and are well
documented. However, verbal quotes may be inaccurate and they are
not guaranteed. The purpose of this Rate Comparison is to demonstrate
the substantial savings at Title One, Inc.
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