Tag Archives: Title Insurance Issues

Pa.S Closing Costs Among Nations Highest

Pa.S Closing Costs Among Nations HighestPATRICIA SABATINI, Pittsburgh Post-Gazette PITTSBURGH AP ― While mortgage rates have plunged to record lows, the cost of buying a home in Pennsylvania is being driven up by a related expense: sky-high closing costs.Pennsylvanians are paying among the steepest mortgage-related fees in the country, according to a new study by Bankrate.com. Closing costs in the state were the eighth-highest overall, averaging $4,236 on a $200,000 loan, 13 percent higher than the national average of $3,741, the survey said. Costs excluded property taxes, homeowners insurance and escrow fees.

via Pa.S Closing Costs Among Nations Highest – kdka.com.

PA Title Company Sees Great Response in Offering Services Directly to Consumers

PA Title Company Sees Great Response in Offering Services Directly to Consumers.

PA Title Company Sees Great Response in Offering Services Directly to Consumers
press release
   

In a completely new approach to the way title insurance is delivered, a Pennsylvania title company began offering its services directly to homeowners earlier this year. Charles Marino, President and CEO of Pennsylvania Title Insurance Company, made a decision to take his business out of the confines of the financial institutions, lenders, mortgage companies, and banks and begin seeking the end user to provide them the opportunity to choose their title company for themselves. Traditionally, title insurance is not decided upon by the borrower.