Tuesday, January 19, 2010

Buildings Insurance Value How Much Does A Title Search Cost On Vacant Property?

How much does a title search cost on vacant property? - buildings insurance value

I want the title search and title insurance. I have heard that the cost of title search is the value of land. Its just a vacant lot, no buildings. But I will not, and in the end it cost me $ 1000. The property is not worth more than the market value of U.S. $ 5000 for sure. I heard the title insurance is very expensive. So, if the land value of $ 5000 anyone know what the estimated cost of title search and insurance would be? Thank you very much!

2 comments:

realtor.... said...

The cost (premium) for title insurance is based on the selling price. If no sale is not complete but you want to track, then use the current market value. It is an additional (small) fee for title search really is. A length of local insurance companies should be able to you a quote over the phone. The total cost should be around a few hundred dollars.

realtor.sailor

Landlord said...

The title search takes about 200, the insurance of about 20 to 25 per year.

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