FAQ’s

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FAQs

Below are answers to our most frequently asked questions. If you don’t see your question listed, please don’t hesitate to contact us. We’re here to help.

How much will my closing cost?

Every transaction is unique and so is every closing. Please Contact Us and we’ll be happy to discuss what your closing cost will be.

Title insurance protects you from any undiscovered issues with the ownership of the property you’re purchasing. These can include fraud, missing owners, and liens. Should an ownership issue arise after you’ve already bought your home, a title insurance owner’s policy protects you for your home’s purchase price plus legal costs. Title insurance is a one-time purchase and protects you for as long as you own your home.

If you’re financing your home, you’ll also need to purchase a lender’s title insurance policy. This protects the lender for the life of your mortgage.

The costs associated with title insurance policies depend on a couple of factors. An owner’s title policy is based on the purchase price of your home. A lender’s title policy is based on the amount of your mortgage. The total cost of the two policies is typically between 0.5% and 1% of your home’s purchase price.

You’ll find contact information for specific departments on our Contact Page. For contact information for a specific attorney, visit the Our Team page. And if you don’t know who to contact, reach out to any of the email addresses on the pages linked above. Everyone at Chapman & Rosenthal Title is here to serve you. We’ll be happy to help you get the information you need.

A standard title insurance policy provides basic protection for issues that existed before the purchase of your home, including third-party claims, pre-policy fraud, and unmarketable titles. An enhanced title insurance policy protects you against issues that existed before the purchase of your home as well as issues that arise after the sale and transfer of your property, including post-purchase fraud, post-purchase encroachments, and losses resulting from violations of building permits or subdivision laws. Different policies provide different specific protections. We’ll be happy to walk you through all your options.

There are several ways to send your earnest money. You can use the secure Earnnest App, wire money via your financial institution, or simply bring a check to either one of our offices.

CertifID is a free, easy-to-use platform that we utilize to keep your money safe during a home closing. It verifies wiring instructions so you know they’re real—not from a scammer—giving you peace of mind that your funds are going exactly where they should.