How much does a title company cost?

Title fees can vary by title company, location and the range of services a title company performs. Closing costs, which title fees are a large part of, cost 3% – 6% of a home’s purchase price. On a $300,000 home, you can pay between $9,000 and $18,000 in closing costs.

What are title fees?

Title is the right to own and use a property. Title fees are a range of fees associated with closing costs. These fees compensate a title company for reviewing, adjusting and insuring the title of a property. The title company performs a title search to uncover any potential issues with the title, such as encumbrances or liens.

How much does a title search cost?

The search can also reveal any known and unknown claims or liens on the property. A title search can cost $75 – $200, depending on various factors, including the property’s location. The seller typically pays this fee. The title company charges a title settlement fee, also known as the closing fee, to cover the administrative costs of closing.