Announcing Incentives for First-Time Buyers, Active Duty Military, and First Responders
At Charles River Law Partners we are always looking for ways to save our clients money and make the dream of home ownership a reality. We recently teamed up with one of our favorite title insurance partners to offer a 10% discount on the cost of title insurance policies issued by our office.
The discount program is being offered in collaboration with our title insurance partner to first-time home buyers, active duty military, and first responders. Contact us to find out if you qualify and for other terms.
Title insurance is an insurance policy that covers the loss of ownership interest in a property due to certain legal defects. Mortgage companies require a lender's policy to protect their interest in your property, and it is highly recommended that buyers purchase an owner's policy as well. The total cost of your title insurance policy depends on the amount of your loan and the purchase price of the property. Both the lender's policy and the owner's policy are a closing cost paid by the buyer at closing.
A typical buyer purchasing a $500,000 home and taking out a $450,000 mortgage loan could save between $200-$300 in up front closing costs. As anyone can tell you, moving costs, minor repairs, fees, and closing costs can add up quickly and every dollar counts!
Other programs and incentives may be available, so give us a call to discuss your unique circumstances. We are always working with our lenders and other partners in the industry to explore the latest home buyer programs and incentives to save our clients money.