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You have a choice!
Section 9 of the Real Estate Settlement Procedures Act (RESPA) prohibits a seller from requiring the home buyer to use a particular title insurance company, either directly or indirectly, as a condition of sale. Buyers may sue a seller who violates this provision for an amount equal to three times all charges made for the title insurance.
If you do not choose a title company, this decision will be made for you by the seller, lender, mortgage broker or real estate agent who may have an Affiliated Business Arrangement with whom the referring party has an ownership or other beneficial interest. Often raising prices to cover fee sharing.
We invite you to shop and compare. We do not markup the promulgated insurance rate mandated by law. And charge one of the lowest all-inclusive Settlement Fees in the market.
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