Title Insurance
Just as you wouldn't select the cheapest brain surgeon, think about quality, service and experience when choosing a title company or closing agent. Our title work is accurate and our closing fees -- while quite competitive -- do include a skill premium.
Title Insurance
Title Insurance charges are based on rate schedules filed and approved by the Michigan Insurance Commission. Prices for a "typical" residential resale of $180,000.00 range from $500 to $830, depending on the underwriter and applicable discounts. At Liberty Title, we will "shop" your transaction among available underwriters too give you the lowest possible price.
Please call us at (734) 665-6103 for an exact price quote, with comparison pricing to our competition.
Closing Services
Our minumum fees for closing services are as follows:
- Refinance (conforming):$150.00
- Refinance (non-conforming):$350.00
- Residential Mortgage Sale (Realtor):$350.00 (buyer)
- Residential Mortgage Sale (Builder):$350.00 (buyer)
- Residential Mortgage Sale (FSBO): $350.00 (buyer); $150.00 (seller)
- Land Contract Sale (FSBO): $125.00 (buyer); $125.00 (seller)
- Home Equity: $150.00
- Home Equity combined with 1st mortgage: $50.00 additional plus 1st mortgage costs.
Title Searches
- Washtenaw County: $210.00 base fee
- Livingston County: $210.00 base fee
- Additional charges may be required based upon the complexity/length of search
Escrow Services
If we are performing title and or closing services we may also provide escrow services for the following charges:
- Purchase Deposit: no charge
- Deed Escrow: (Land Contract Sale): $25.00
- Condominium Escrow: no charge
- Construction: $50.00
Other escrow services will be priced upon request.
|