800 Westchester Avenue
Suite S-434
Rye Brook, New York 10573
Phone: 914-644-6100
Fax: 914-644-6159

Choosing Title Insurance

Title insurance may seem really technical, but it’s a pretty simple idea: ownership can get complicated, so you want your purchase secured. It’s a necessary closing cost on a home in New York, and most homeowners don’t even realize they have it. But it’s something you’re buying, so you shouldn’t let someone else make the choice for you.

Usually, your attorney will simply get you title insurance through an established relationship, and frequently won’t have done any research on the question at all. But Thoroughbred Title Services offers title insurance premiums that are 10% lower than any other title agent in the state. That can equal savings of hundreds or even thousands of dollars.

Why would you go with anyone else?

Examples of Thoroughbred Savings

10 - 26% Savings for homebuyers who choose Thoroughbred Title

Title Insurance premiums vary from purchase to purchase, as they are based on the purchase price and mortgage amount on a property. Because of this, they can get very expensive and inflate closing costs dramatically.

  Example 1 Example 2
 
Purchase Price$440,000 Mortgage Amount $396,000
Purchase Price$1,200,000 Mortgage Amount $960,0000
Competitor's Closing Cost $3,609 $7,500
Thoroughbred Title Closing Cost $3,039 $6,540
Total Savings $570 16% Savings $960 13% Savings

Terms and conditions apply. Contact us for complete details. Competitors costs based on a survey of title agencies in our market area and do not refelct any one specific competitor.

Remember, you have the right to choose your title insurance provider. If your attorney objects or protests, remind them that this is your right as a homebuyer. This is your money you’re spending, and you have a right to be involved in the process, as guaranteed to you by federal law, specifically the Real Estate Settlement Procedures Act (RESPA). By taking a hands-on approach, you can shop for competitive pricing on premiums. And we have all the information you need to assure your attorneys about this choice here on our website.

Be an informed, independent homebuyer, and empower yourself to tell your attorney you want to use Thoroughbred.