The cost of the title insurance is a variable cost
determined by the sale price of your home. If you are
buying a home for cash, you don’t need to buy insurance to
insure a lending institution. However, the seller will
buy you a title insurance policy. This is part of the
agreement of the Utah approved Real Estate Purchase that
Realtors use. Here are the prices I was recently quoted. Some prices may slightly
vary depending on the title company you select. Please
ask us about reputable title companies in Utah County.
Buyers 1st Mortgage
| Closing Fee |
$140 |
| Doc Prep |
$50 |
| Overnight Fee |
$30 |
| Incoming Wire Fee |
$15 |
| Recorded W.D. & T.D. |
$70 |
| Title Insurance |
variable |
Buyer 2nd Mortgage
| Closing Fee |
$125 |
| Doc Prep |
$50 |
| Recorded T.D. |
$50 |
| Title Insurance |
Variable |
Seller
| Closing Fee |
$140 |
| Doc Prep |
$50 |
| Overnight Fee |
$25 |
| Recon Tracking Fee |
$85 |
| Title Insurance |
Variable |