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| *Loan,banking and credit>>>property insurance |
At closing, the Owner's title insurance cost me $1231.00 for the property cost 265k. Is it kind of high? |
At closing, the Owner's title insurance cost me $1231.00 for the property cost 265k. Is it kind of high? The problem is that no one ever shops for title insurance. The realtors work deals with title companies for kick backs. Next time, make sure to shop around for the insurance. Source(s): http://www.regionalmortgages.com... Title insurance premiums are set by the state. In NY, that would have cost you $1,493.00. By the way, "kick-backs" are illegal. expensive to me....damn no way. my sister had to pay 5000.00 for 210k. still think it's expensive ? its ok depends upon the state you are in. |
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