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Title search companies will perform the work of researching the history of a title on a piece of real estate. This fee is typically included in the closing costs for a mortgage. It is a necessary step in purchasing a piece of property. The fee is typically $75 to $100.What is the average cost of a title search?
The fee is typically $75 to $100. Why Title Search Fees are Required? A title search is necessary to discover any hidden problems concerning the ownership of a piece of property. For example, a search will uncover an outstanding tax lien, which is actually connected to the property and not to the previous owner.Does the seller pay for the title search?
The title search protects the buyer. It is in the buyer's best interest to have a search performed and then obtain title insurance. Therefore the buyer is the party who requires, orders, and pays for the search. In the downstate counties the insurance premium includes the charge for the actual search.How do you search for a title?
A title search can reveal, among other things, property sales, encumbrances, and tax delinquencies. You can always conduct a title search in person at your county recorder's office. However, nowadays, it is also relatively easy to conduct a title search online.