Attention Spring Home Buyers: ENTITLE DIRECT Releases Closing Cost How-To
for Home Buyers, Sellers and Refinancers
The Smart Consumer’s Guide to Reducing Your Closing Costs will help consumers
save significant money and demystify the closing process
STAMFORD, Conn. -- April 4, 2013
Buying or selling a home can be a complicated, lengthy process with seemingly
too much paperwork. That’s why consumers who wait months and jump through
hoops are often shocked by what they see as exorbitant charges – known as
closing costs - at the end of the transaction. To remove the shroud of mystery
from the confusing closing process and to save consumers hundreds or even
thousands of dollars, ENTITLE DIRECT today released the free Smart Consumer’s
Guide to Reducing Closing Costs.
As America’s first direct-to-consumer title insurance company, ENTITLE DIRECT
released the Smart Consumer’s Guide as a layman’s bible for closing costs and
a must-read for homebuyers or sellers. The Guide defines each of the
individual charges associated with the real estate closing process, including
expensive hidden fees. For every charge, the Smart Consumer’s Guide explains
whether or not that cost could be shopped, waived, negotiated or passed on to
another party, all without the usual legalese. Smart Consumer’s Guide readers
will discover that many expensive closing costs can be mitigated
significantly. Consumers could save thousands of dollars by following simple
tips, such as:
1.Those looking to purchase or refinance should shop around for all items
involved in the closing cost process. It’s important to keep sight of cost
versus offering: it doesn’t always make sense to aim for what seems
2.Buyers or sellers should compare vendors to receive services for a far
lower cost, including pricey fees for title insurance and settlement
services, and negotiate other costs such as wire transfer fees.
3.Buyers may get sellers to take on a good portion of the fees associated
with the closing process or a percentage of the total closing costs.This
option should always be considered when conducting overall negotiations
with the seller.
“We published the Smart Consumer’s Guide because consumers should know what
they’re paying for and not pay any more than they need to,” said Timothy
Dwyer, CEO of Entitle Direct Group and Founder of ENTITLE DIRECT. “Many
consumers don’t understand the magnitude of closing costs until the day of
closing, when it’s entirely too late to reduce them. Further, many don’t know
that these costs can be significantly reduced by shopping for these services.”
With the spring home buying season heating up, the release of the Smart
Consumer’s Guide is full of timely advice. To that point, Dwyer states, “At
ENTITLE DIRECT we are seeing an increase in home purchase activity and we
believe this guide will especially help spring home buyers and sellers save on
closing costs. Of course, interest rates are still at near record lows and
homeowners refinancing their loans to lower rates will also find our closing
cost tips beneficial.”
Dwyer adds, “Entitle Direct Group was founded in 2006 to help consumers take
control of the mortgage process and save significantly on closing costs.
ENTITLE DIRECT supports true transparency in the real estate closing and
financing process. Additionally, as the country’s first direct-to-consumer
title insurance company, ENTITLE DIRECT’s title insurance premiums are up to
35% lower than our competitors. When home buyers, sellers or refinancers
really shop around, they learn they can save big with ENTITLE DIRECT.”
To receive the free Smart Consumer’s Guide to Reducing Your Closing Costs,
About ENTITLE DIRECT:
Entitle Direct Group, Inc. is based in Stamford, Connecticut, and is the
parent company of EnTitle Insurance Company, the country’s first
direct-to-consumer title insurance company offering savings of up to 35% on
title insurance. ENTITLE DIRECT (www.ENTITLEDIRECT.com) is the
direct-to-consumer distribution channel of EnTitle Insurance Company. ENTITLE
DIRECT already has saved consumers millions of dollars on title insurance.
Entitle Direct Group, Inc. is supported by an investment from an affiliate of
PartnerRe Ltd. (NYSE: PRE).
EnTitle Insurance Company was founded in 1978 in Cleveland, Ohio, where it
remains headquartered today. EnTitle Insurance is regulated by the Ohio
Department of Insurance and is approved to issue title insurance by the
Department of Insurance in every state where its policies are offered. EnTitle
Insurance Company is a member of the American Land Title Association and only
issues policy forms approved by the American Land Title Association and other
state associations where applicable.
Timothy Dwyer, CEO of Entitle Direct Group, is available for interviews.
Kinelam Bolgaire, 646-926-6405
Press spacebar to pause and continue. Press esc to stop.