Rainmaker
443,320
443,320
SD Home Source Realty - San Diego, CA
The seller pays for owner title policy in California, as well. There are some title costs affilitiated with securing a mortgage that the buyer does pay for.
Apr 13, 2015 11:06 AM
Upvote
2
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Inna Ivchenko
Encino, CA
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Michael Jacobs
Pasadena, CA
Rainmaker
2,820,209
2,820,209
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers
Interesting. Here in NY, the buyer pays for it. The fee is regulated by the state and is standard.
Apr 13, 2015 07:40 PM
Upvote
1
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Lise Howe
Washington, DC
Rainmaker
4,322,995
4,322,995
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239 - it is not mandatory in MA. However, it's buyer who pays for it should they decide to go for it.
Apr 13, 2015 12:59 PM
Upvote
1
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Lise Howe
Washington, DC
Rainmaker
630,351
630,351
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya
Rainmaker
3,988,194
3,988,194
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
It is a buyer expense but is mostly negotiated as seller to pay as an incentive to buy.
Feb 08, 2017 08:22 PM
Rainer
67,419
67,419
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]
In GA. you can ask in the contract for the seller to pay or the buyer pays.
Apr 14, 2015 06:07 AM
Rainmaker
4,840,839
4,840,839
Pasadena, CA
Pasadena And Southern California 818.516.4393
Hi Russ - in Southern California, the seller typically pays for the owner's title insurance policy and I believe it's handled differently in Northern California. The buyer will be required by their lender to have a policy to cover the loan amount. That said, everything in real estate is negotiable.
Apr 14, 2015 04:15 AM
Rainmaker
280,649
280,649
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!
It's a choice in the Texas contract, but customary for the seller to pay. However, in this hot market, I'm seeing some sellers refusing to do so.
Apr 13, 2015 11:16 PM
Rainmaker
5,585,299
5,585,299
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team
Rainmaker
1,713,581
1,713,581
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties
Completely negotiable in Oklahoma. What is "customary", and I detest that word" is contracts that ask for the seller to update the abstract which we have here, do the title opinion and gap check, and then the buyer pays the title insurance.
Apr 13, 2015 10:23 PM
Rainmaker
115,532
115,532
NextHome Premier - Basking Ridge, NJ
The Agent you choose REALLY does make a difference
Ditto, here in NJ it is a buyer's expense, and one of the biggest expenses among closing closts. Fees are regulated here as well.
Apr 13, 2015 10:13 PM
Rainmaker
2,470,572
2,470,572
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC
in Maryland, DC and Virginia, the buyer pays for the title insurance. Interesting how different things are around the country
Apr 13, 2015 09:42 PM
Rainmaker
5,469,885
5,469,885
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker
Russ, I find this interesting. In NC and SC, the buyer pays for their own title policy unless it's negotiated otherwise upfront. It is a policy for the buyer and their lender, afterall.
Apr 13, 2015 09:02 PM
Rainmaker
2,759,867
2,759,867
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029
Rainmaker
2,234,971
2,234,971
CinaJones Real Estate - Cedaredge, CO
Your Real Estate Resource for Delta County
It's typically a charge to the seller in my market. If the buyers wants extended coverage that can be negotiated as to who will pay for it.
Apr 13, 2015 02:31 PM
Rainmaker
2,443,346
2,443,346
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!
The seller pays for the owners policy and the buyer the lenders policy. Yes, there are recording fees, closing fees, deed prep fees, etc.
Apr 13, 2015 01:49 PM