Hi folks I am unsure about Title Insurance and how it works and why it’s so darn expensive. A lender quoted me almost $2200 for Title Insurance for a $483K mortgage. He also told me to feel free to shop it and he can use anyone I come up with. How do I even go about finding a reputable Title insurance provider? This $2200 seems crazy to me. But maybe I just don’t get it. Thanks
About the author
Jana Christo is a business owner, real estate investor, and property manager. She has 16 years of experience in most areas of real estate.
During the last recession, she was also the managing partner for a company that bought and rehabbed properties from the court foreclosure auctions. Today, she manages her own portfolio of rental properties and shares her experience on Rentce.com.