ROFR Thread July to Sept 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Jimmy Geppetto]

So isn’t is a required line item for closing? My contract shows a 119.60 dollar charge for “Owner’s Title Insurance to DVC Title and Escrow”. I didn’t feel like that was any sort of option to “remove”?

Most companies won’t close your resale purchase without requiring you to purchase title insurance however there are some (LT Transfers) that make it optional and only charge you the “closing fee” plus taxes, stamps etc.

A $400 closing fee is somewhat high. Mason charges $300. Magic Vacation title is ridiculously higher but you get poor service for free with them.

 

[VGCgroupie]

Most companies won’t close your resale purchase without requiring you to purchase title insurance however there are some (LT Transfers) that make it optional and only charge you the “closing fee” plus taxes, stamps etc.

A $400 closing fee is somewhat high. Mason charges $300. Magic Vacation title is ridiculously higher but you get poor service for free with them.

TRCS also doesnt require it that I am aware of. When I asked to add it she was kind of annoyed by it, it seemed.

 

[eMoneyBug]

I am in the camp that title insurance is a waste of money. If there is a lien on the contract it must be filed in the deeds but maybe I’m comfortable with not having it because as soon as get the sales contract, I’m searching on my seller names and downloading their deed and checking all their grantor grantee information. And if I want faster service with DVCTE to do my closing they don’t have an option to not pay for the TI so I will waste that $, but Aulani with TRCS super comfortable not having it and paying less.