How much does title insurance cost?

How much does title insurance cost?

The cost of a title insurance policy differs by state and is based on variables such as the lender, home purchase price, and amount of down payment.

Example 1

  • Policy Holder: First American
  • Title Location: Dallas, TX
  • Purchase Price: $300,000
  • Down payment: $50,000
  • Policy cost: $2,218.30

Example 2

  • Policy Holder: First American
  • Title Location: Atlanta, GA
  • Purchase Price: $300,000
  • Down payment: $50,000
  • Policy cost: $1,505

Example 3

  • Policy Holder: First American
  • Title Location: Phoenix, AZ
  • Purchase Price: $300,000
  • Down payment: $50,000
  • Policy cost: $2,245

Example figures sourced from First American Title’s fee calculator.

Final Thoughts

Regardless of where you buy the policy, in the case of complete loss of the property due to a mistake in the title report, having one will help you recoup financial losses. Consider it as a security net for one of the most significant purchases you could ever make. A good REALTOR® can aide you make the right offer for the property you’re interested in buying. For free valuation, contact us at 401-396-2888. We’re always glad to help!

 

Need an accurate home evaluation?

YOUR AGENT

Kamil Sarji - Real Estate Agent

 

Kamil Sarji

Real Estate Agent

Licensed in Rhode Island, Massachusetts, and Connecticut

Phone: (401) 396-2888

OUR BLOG

ABOUT US

If You're Selling: I know how to present and showcase your house effectively, promote and market it so that it attracts qualified buyers and get SOLD for the highest price possible.

If You're Buying: We start with really learning about your needs and what you're looking to achieve in your new home. Knowing this will help me find and show you the best homes that meet your criteria.

or

Log in with your credentials

Forgot your details?