Safe Harbor Title Company’s closing cost breakdown for Title Insurance includes various fees associated with ensuring a clear and secure title transfer during a real estate transaction. The breakdown typically consists of the following components:

Loan Origination Fee
Charged by the lender for preparing & submitting mortgage paperwork.

Recording Fee
Paid to a city or county for recording real estate records.

Title Search / Insurance
Paid to a city or county for recording real estate records.

Appraisal Fee
An appraisal determines a property’s value.

Survey Fee
The charge for a surveyor to create a drawing of a property, boundaries, etc.

Credit Report Fee
When you apply for a mortgage your lender must run your credit.

Attorney Fee
Attorneys prepare and review all closing documents on behalf of the lender.

Notary Fee
A notary is a person authorized by the state to witness the signing of important documents.

Home Inspection
Some mortgages require a home inspection to determine potential issues of a property.

Escrow Deposit
May be required to cover property taxes, homeowners or private mortgage insurance.

It’s essential for buyers and sellers to review the closing cost breakdown provided by Safe Harbor Title Company carefully, as it outlines the various expenses associated with ensuring a smooth and legally sound real estate transaction. Keep in mind that these costs may vary depending on the location, property value, and specific services required.