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re: Home Mortage Closing Costs: Bait & Switch, Is It Legal?

Posted on 2/24/15 at 8:44 pm to
Posted by NEWBIE
Member since Jun 2008
196 posts
Posted on 2/24/15 at 8:44 pm to
quote:

I have never had the attorney closing the sale alter the terms. Yours did.


His attorney did not change the terms. He chose to only purchase a lender's policy.

Go to this site for a rate calculator. LINK

Again, if you purchase both at the same time, you get a discount on the lender's policy.
Posted by nhassl1
Baton Rouge
Member since Jun 2008
1932 posts
Posted on 2/25/15 at 8:17 am to
Thanks to all for the reaponses.

Newbie: lenders title insurance increased from $325 to $1125 (+$800) after declining the owners policy.

This was crescent title.
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