Just so happens I work for a title co. here. This is the second increase we had this year. We’re amazed that the OCI hasn’t stepped in here and claimed price fixing of some sort. Again, the little guy (Title Agents) isn’t the one getting rich here.

Just a little note………..on a 500k deal the title insurance co. makes 1500.00 and insures that the property is free of any liens, if there are any liens that pop up in the future, that were the previous owners, we have to pay no matter what the amount is. The realtors make 30k on the deal and when they close they’re done as far as liability or service goes, so…..who’s really making the big bucks here.

Moparkid………….the seller usually is the one who ends up with all the fee’s, you as a buyer would only be responsible for securing the loan. Just an FYI.