Refi Title Services
Should I go with what was suggested by bank or should I try to find the cheaper ones. And if yes, how would you go about it. HSBC provides title service for $2400 on $230K refi. How does it look?
Should I go with what was suggested by bank or should I try to find the cheaper ones. And if yes, how would you go about it. HSBC provides title service for $2400 on $230K refi. How does it look?
Use this site to run certian fees
http://stewartstar.com/SRC/RateCalculator/Main.aspx
Vanessa Thatcher
ATLANTIC HOME CAPITAL
Tel: 631-687-3510 x106
EFax: 631-918-5222
Title insurance is regulated by law. Usually easier and cheaper to go with the bank’s title company.
Title is regulated in NYS. NYS also requires a re-issue rate if your policy is recent. I’m almost positive if your last title is within 5 years you get the reissue rate.
I ask my title co for reissue rates on all deals regardless of how long my client has the mortgage.
If you want a different set of eyes call
JIM CHECKOSKY
P 212-483-9206
APPELLATE LAND SERVICES
PRINCIPAL
SERVING NY,NJ,CT,FL,MD
516-801-6366 X2
a refi sometimes can get your old policy reissued-at a much lower rate. Also since you already have title insurance from when you bought the house, you really don’t need another policy. The Bank will require it for them however.
If its a Refinance do you need a new title poicy. Why not look at your old title policy and give them a call.
title service rates are fixed by law
Stay away from First American Title…
They are thieves noted for guaranteeing bogus loans.