SAVEX
Tips to save money on Title Insurance & Escrow

Many companies will sell you the policy that they make the highest commission on – not necessarily the best-priced one for you.
SAVEX will automatically search for the lowest comparable policy rate without regard to the commission paid.
Title policies themselves cannot usually be discounted as the rates are required to be posted and are regulated by the state and other agencies.
Most rates are comparable between underwriters

Escrow fees are always negotiable.

Escrow fees are always negotiable, especially if you bundle by using the same company for both Title and Escrow – meaning if possible, allow the title company to handle the escrow which most do, and you should be able to negotiate the escrow fee down considerably – sometimes by up to 50% – most people and agents don’t even know to ask – but be firm – Savex will automictically offer House Karma members a 50% discount on the escrow fees when handing the title.
The only legitimate way to save on Title insurance is if you get an updated policy – and this is not always possible – but you should always ask. If the property has been sold and re-titled with a new policy within the last three years – you can usually use what is known as an update policy, which can save you a great deal of money – so always be sure to ask and check when the property was last sold as then you can request and updated versus a new policy at considerable savings.
Our agreement with SaveX requires they must check to see if a lower-priced update is available and offer that first if they can save you money.
Planning and budgeting for your down payment and closing costs is crucial for you. You need accurate information.