Monday, March 12, 2007

query: owe title search fees reimbursement buyer refinance

I'm not real sure about the buyer and refinance connection. If you are being asked to reimburse the cost of a search, expect to also cover lien letter costs. These fees vary so much geographically it's hard to quote a range here. In our market, search costs for one chain run $100 to $150 roughly. Lien letters can run anywhere from $5 to $250. Lien letters in most of our market would run less than $50.

No comments: