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  • Casual Articles - Title Insurance – 3 Things to Watch Out For

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    at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off o

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    When financing a home, you will need a title insurance policy. Title searches are obtained to prove ownership, obtain tax information, and to investigate liens and easements. While this is an important, required factor of the mortgage process, here are three things to watch out for:

    1. Lender Recommended Title Companies

    Most lenders will recommend a title company that they use. In fact, many lenders will have a sister company that offers title insurance. While this makes the process easier for you, it may not be in your best interest to go with their company. Remember, failing to shop around will not give your lender or title company any reason to offer you the best deal.

    2. Inflated Fees at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off on

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    this is an important, required factor of the mortgage process, here are three things to watch out for:

    1. Lender Recommended Title Companies

    Most lenders will recommend a title company that they use. In fact, many lenders will have a sister company that offers title insurance. While this makes the process easier for you, it may not be in your best interest to go with their company. Remember, failing to shop around will not give your lender or title company any reason to offer you the best deal.

    2. Inflated Fees at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off o

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    Event fund raising can raise large sums of money extremely fast. If done right a good cause can benefit for many years to come with a well planned fund raising event. This article will look at some of the key points to
    mmend a title company that they use. In fact, many lenders will have a sister company that offers title insurance. While this makes the process easier for you, it may not be in your best interest to go with their company. Remember, failing to shop around will not give your lender or title company any reason to offer you the best deal.

    2. Inflated Fees at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off o

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    best interest to go with their company. Remember, failing to shop around will not give your lender or title company any reason to offer you the best deal.

    2. Inflated Fees at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off o

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    at Closing

    Since the title company you select will likely handle settlement for you, you will want to make sure you question them on all of their fees before signing off on the HUD-1 statement. You will especially want to do this if some of the fees are higher than they were on your initial good faith estimate. It is common practice for title insurance companies to overcharge for nominal services such as document preparation and deed recording.

    3. Full Price on Quick Refinances

    If you are refinancing your loan within the first year or two of home ownership, many title companies will offer you a discounted rate because their work will be less extensive due to the shortened length of time between searches. Make sure to ask your lender about finding a title company that will offer you such a discount.

    The title insurance market is one where consumers are often tak

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