Question:

How to compare escrow settlement fee and services?

Answer:

Try making an internet search to compare escrow settlement fee and services. Some borrowers assume escrow fees and charges are always set by the state or federal law, and so they don't even try to find the best escrow deals.

Escrow settlement fees and charges are usually not state regulated.

It is mostly escrow companies that set escrow charges themselves. They are regulated by some dedicated Department of Corporations, Escrow Division, but that would be it. The Department of Insurance regulates title companies.

Your area actually has its own escrow fees. The bigger the town, the more expensive escrow charges you'll have.

Compare Escrow Closing Fees and Services Online

Yes, you could always call escrow offices but it is possible that you'll be referred to their website for details, or asked to provide specific details over phone. In any case, you could try the American Escrow Association website to list escrow service providers and companies in your area.

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