Black, Mann & Graham Title Calculator Spreadsheet
Black, Mann & Graham Title Cost Spreadsheet (MP will email it to you. It won't upload with Macro's included in it.)
Texas Title Costs By Loan Amount and Loan To Value
Purchase Costs are the top of the page and refinance costs are at the bottom of this page.
Instructions on how to use the Texas Title Fees and how to load those into the 2015 Itemization in Encompass
- Seller paid Title Fees on the purchase contract means the seller pays the Lender's portion and all but $100 of the Owners portion of the Title Commitment.
- The buyer's portion of the Title Costs on a purchase with the seller paying is $100, plus the Endorsements.
- The Buyer's Title Costs should be put in the 2015 Itemization as Owner's Title Insurance.
- If the Seller is paying for Title Insurance, the Lender's Title Fees need to be put in the Buyer's column on the 2015 Itemization and then add a Seller credit in the seller credit line. This is the way the Loan Estimate and the CD will be prepared and the Cost Estimate will reflect the Seller Credit.
- If the Buyer is paying all Title Fees you just have to leave out the Seller Credit.
- In an initial cost estimate you may want to not include a Seller Credit so they understand this has to be negotiated into the Purchase Contract.
Below is a screen shot of how to reflect the Title Fees on the 2015 Itemization
Below is how you would reflect Seller Credits on the 2015 Itemization
Texas Refinance Title Costs Estimated with the R-8 Credit to the borrower:
Texas Refinance Title Costs Estimated with the R-8 Credit to the borrower:
