In the state required listing agreement, BlueMatch breaks down the fixed cost that surround title and closing. The first thing many people notice in this section is that the policy itself is TBD (To Be Determined). The reason for this, is that calculating the title policy cost has many variables and it is not as simple as an agent commission where it is just a percent of the sale price.
In almost every state we operate in, the cost of title policies is controlled and regulated by the state. Discounts however for title re-issues vary company by company.
Below are some of factors that effect your title policy cost:
-Final Sale Price of Home
-County in Which the Home is Located
-How Long It has Been Since the Last Title Issue on the Home
-Other Available Discounts
These are just a few of the factors that can effect your title policy cost.
BlueMatch works hard to bring transparency into the Real Estate space while helping you find competitive pricing. Our goal is alway to make the process as easy and seamless as possible.