Realtors and Mortgage Lenders: Have You Noticed This Lately?
Mr. Title, Keith Stonehouse
Providing Peace of Mind to Commercial Brokers/Lenders as well as Residential Brokers/Lenders Across the Entire World. Keynote Speaker, Networker, Connector.
Have you looked closely at what title insurance companies are charging home buyers, borrowers, and sellers these days?
As we get busy sometimes these things slip by, in terms of new costs, fees, and pricing across the board and that's exactly what is happening right now. Take a closer look at your CD and you'll notice that title insurance companies are adding in extra fees that once were not there at all. Fees like processing fees, recording processing fees, document retention fees, etc etc. the list goes on and on with these new fees and costs. Not only that but, the closing fee has gone way up as well.
How do I know this? Because, we deal with split title (2 different title insurance companies - 1 covering the home buyer and the other covering the seller) so, we get to see first hand what the other title insurance companies are charging these days. Here at Franklin we have one simple closing fee to close anywhere-anytime in the state of Michigan and well, that's all. If you are truly looking out for the best interest of your clients, I ask you to please, take notice and look closer at all these new fees being charged and do not allow this to happen. I just wanted to bring this to your attention and make you aware. Please, if there is anything that I/we here at Franklin can do for you and your clients - I am simply an email, a phone call, or a text message away. Have a great day and week ahead,
Vice President, Franklin Title Agency.com
248-894-4785 cell/text
248-564-4022 office