The purchase of title insurance range from $500-3,500 due to many variables. First, you might want to consider the company that you are purchasing from. Some lenders will assign you a company, whereas others will leave it up to you to find your own title insurance company to work with. Therefore, you should research and review each company in depth to see which is the best option for you
. Furthermore, title insurance is also based on the property's location, property cost, and coverage limits. This means that if you are buying a large condo in a lovely place, odds are your title insurance will match your condo and be more expensive than if you were purchasing a condo in a worse neighborhood.
Furthermore, when reviewing your title insurance contract, you can make sure with your lender if certain things are included, such as HOA violation fees. Checking these small details and deciding what to omit from the contract can help you to save money. However, it is essential to make sure to have everything covered in the interest of your protection.