What are the costs associated with title insurance? Lenders and Owners fees.. New York, Long Island Area.

Tjt
Home Buyer
11714

Answers (3)
Best answer: Deborah Endr…
First to answer: Anna Brocco
Andy Yakubovsky
Broker
11793

Speak to your attorney about who he/she recommends for title insurance & the fees involved. If you trust your attorney then trust his recommendations to you.

Andy

Mon Nov 2 2009, 08:36
Deborah Endres...
Broker
White Plains, NY
BEST ANSWER

Hi Tjt,
The lender and owner title policy fees are actually set by the State of NY and do not vary among title companies. The only fees that vary are the fees for searches, endorsements, etc.
Here is a link to an excellent site that can provide you with a proposed title bill for any transaction. http://www.JudicialTitle.com Just click on "Rate Calculator" on the left menu. You will then choose your county and the details of your transaction i.e. Purchase, Refinance.
In the case of a Refinance a discounted reissue rate is available if you have had title insurance coverage in the past (ten years I beleive).
This Rate Calculator is easy to use and very accurate.
If you get stuck or have further questions I would be pleased to assist you.
Best of Luck,
Deborah

Mon Nov 2 2009, 07:39
Anna Brocco
Broker
Williston Park, NY
FIRST ANSWER

All fees vary, for accurate answers call around and get quotes and hear answers for yourself.

Mon Nov 2 2009, 07:26

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 4
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback