It is tradition for sellers in the Denver Metro area to foot the bill for a title insurance policy for the buyer. (NOTE TO BUYERS: This is negotiable. Buyers have the right to choose their own title insurance policy. After all, it is a policy intended to protect the Buyer against loss from any defects in title, liens or other matters!) Often times sellers rely on the real estate professional to assist them in selecting the title insurance company. While real estate professionals can provide useful information, the Colorado Real Estate Commission has taken the position that it is the responsibility of the consumer to shop around for title insurance policies and closing services. There are many title insurance companies in Colorado and they all vary in cost, quality and the extent of closing services they provide. There is a FREE on-line resource called Mytitleins.com that will calculate your estimated title insurance and closing costs in real time. It will provide you with a comparision of the various title insurance companies in Colorado. Check it out!

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posted by Jan Bonnett / 303.815.8950 / jan@janbonnett.com

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