How To Shop For Title Insurance
Are You Really Getting Such A Great Deal?
Beware of Junk Fees
Title insurance is only one of several fees that fall under the label of: “title charges.” Generally, you must also pay attorney fees, title examination fees, courier fees and recording fees. While some title companies offer discounted title insurance rates, they may be charging you higher fees for other costs.
When you get to closing you realize that you have been the victim of a bait and switch. The $200 savings on title insurance was offset by an inflated title examination or other miscellaneous fee.
Kane Title Services provides you with all of our fees upfront. No hidden fees, no surprises…
What About Their Customer Service?
The old adage: “You get what you pay for;” generally applies to title companies offering discounted title insurance. Most discounted rate title insurance companies handle closings throughout the United States and are located in remote parts of the country. These title companies amount to little more than chop shops, mass producing title work like an automotive assembly line.
Little in the way of personalized attention is given to you or your file. Your phone calls and emails may go unreturned, causing you unnecessary aggravation. When it comes time to close your loan, they may not be able to find an attorney to close when and where you need to.
At Kane Title Services, Attorney Jason Kane personally oversees every file and is available to answer your questions at any time. He can be reached 7 days a week via phone, email, or instant messaging. Kane Title Services does everything possible to schedule your closing at a time and place that is convenient to you. This includes weekends and evenings.
Do You Want A Notary Public Handling Your Closing?
Many title companies offering discounted title insurance rates are doing so by cutting corners. In many instances they are using notaries rather than attorneys to close transactions. In most states anyone over 18 who is a registered voter can become a notary public. However, attorneys must undergo seven years of rigorous post secondary education and pass the state bar examination.
An attorney can provide you with legal advice. A notary is not qualified to do so. If you have any questions about what you are signing at your closing, you may have to simply take the mortgage companies word on the loan terms.
The notary public can only tell you where to sign and witness your signature. This practice results in many people signing documents that they do not understand. Many borrowers have been deceived by dishonest mortgage companies into signing documents that were different than what they verbally agreed to.
At Kane Title Services, only a licensed real estate attorney will handle your closing. Rest assured that you will have all documents explained to you in simply, easy to understand words.
