Tag: title fees

Split closings are (almost) never a good idea

The other day I handled a split closing – the buyer used Federal Title & Escrow Company and the seller used another title company – and things did not go so smoothly. A closing already has many different parties involved: buyers, sellers,...

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The Closing Costs Calculator Company

With the exception of Federal Title & Escrow Company, nearly all major title companies write a check to real estate brokers or mortgage companies as a “Thank You” for the referral of business.  In some cases, the payment...

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DC title insurance rates decrease

It seems like prices never go down. Gas prices have gone up, taxes have gone up, the 5-cent bag tax has increased the cost of shopping, etc. And yet, sometimes, if you look closely enough, you can find prices that actually do drop. In this...

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Imitation: sincerest form of flattery

Recently, Todd Ewing, the founder & president of our company commented on how being copied is a form of flattery. While I do not wholly disagree, I do want to point out that it is a bit disappointing to see our competitors try so hard...

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Why aren’t more title companies transparent?

On average, title charges (i.e., settlement or closing fee, title insurance) comprise 70 percent of the total variable closing costs. Since title charges do vary significantly from title company-to-title company in DC, MD, VA, and FL, it...

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