|
Purchase price of $500,000 with $400,000 in
new financing
| |
Title One |
Burnet
Title |
Edina Realty
Title |
Home Title |
| Quote Date |
|
02/08/08 |
02/19/08 |
02/08/08 |
| Closing Fee |
$225.00 |
$280.00 |
$315.00 |
$295.00 |
| Exam Fee |
135.00 |
145.00 |
160.00 |
140.00 |
| Name Search |
25.00 |
30.00 |
34.00 |
30.00 |
| Plat Drawing |
55.00 |
60.00 |
60.00 |
65.00 |
Recording Service Fee*
|
50.00 |
50.00 |
25.00 |
50.00 |
Title Insurance
Lenders |
750.00 |
1,052.50 |
1,037.50 |
1,050.00 |
| Owners |
400.00 |
430.00 |
400.00 |
337.50 |
| Adjustable Rate Rider |
0.00 |
50.00 |
50.00 |
|
| Package Processing Fee |
20.00 |
|
|
|
| TOTAL: |
$1,660.00 |
$2,097.50 |
$2,106.50 |
$1,967.50 |
| SAVINGS: |
|
$437.50 |
$446.50 |
$307.50 |
| |
Title One |
First American Title |
LandAmerica
Commonwealth Title |
Old Republic Title |
Stewart Title |
| Quote Date |
|
02/08/08 |
02/08/08 |
02/19/08 |
02/08/08 |
| Closing Fee |
$225.00 |
$280.00 |
$275.00 |
$270.00 |
$275.00 |
| Exam Fee |
135.00 |
175.00 |
150.00 |
150.00 |
130.00 |
| Name
Search |
25.00 |
36.00 |
30.00 |
30.00 |
30.00 |
| Plat Drawing |
55.00 |
60.00 |
60.00 |
60.00 |
60.00 |
| Recording Service Fee* |
50.00 |
60.00 |
50.00 |
50.00 |
30.00 |
Title Insurance
Lenders |
750.00 |
1,061.70 |
1,037.50 |
912.50 |
1050.00 |
| Owners |
400.00 |
389.75 |
400.00 |
545.00 |
387.50
|
| Adjustable
Rate Rider |
0.00 |
0.00 |
50.00 |
50.00 |
|
| Package Processing Fee |
20.00 |
|
|
|
|
| TOTAL: |
$1,660.00 |
$2,062.45 |
$2,052.50 |
$2,067.50 |
$1,962.50 |
| SAVINGS: |
|
$402.45 |
$392.50 |
$407.50 |
$327.50 |
| |
Title One |
Nations Title |
Realstar Title |
Title Nexus |
Quote
Date
|
|
02/08/08 |
02/18/08 |
02/08/08 |
| Closing Fee |
$225.00 |
$250.00 |
$275.00 |
$275.00 |
| Exam Fee |
135.00 |
150.00 |
130.00 |
135.00 |
| Name Search |
25.00 |
45.00 |
35.00 |
50.00 |
| Plat Drawing |
55.00 |
65.00 |
65.00 |
60.00 |
|
Recording Service Fee* |
50.00 |
|
60.00 |
|
Title Insurance
Lenders |
750.00 |
1,018.75 |
912.50 |
1,050.00 |
| Owners |
400.00 |
611.25 |
545.00 |
387.50 |
| Adjustable Rate Rider |
0.00 |
|
50.00 |
|
| Package Processing Fee |
20.00 |
|
|
|
| TOTAL: |
$1,660.00 |
$2,140.00 |
$2,072.50 |
$1,957.50 |
| SAVINGS: |
|
$480.00 |
$412.50 |
$297.50 |
| 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 a combination verbal and written quotes. The
quotes have been thoroughly documented, however, we cannot guarantee
their accuracy. The purpose of this Rate Comparison is to demonstrate
the substantial savings at Title One, Inc.
*Assumes
recording
of one satisfaction and one mortgage
<< To $250,000 fee
comparison
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|
