Released on = May 6, 2007, 10:31 am

Press Release Author = SaveonClosingCosts.com

Industry = Real Estate

Press Release Summary = Bonafide proof that real estate settlement services -
including title insurance and escrow processing - is available in California at
rates lower than those published online by title insurance companies

Press Release Body = San Francisco, CA - SaveonClosingCosts.com is a free online
service that helps consumers find the best rates possible for closing costs on their
real estate transaction, in particular title insurance. The service is remarkable
because it provides ACTUAL bonafide quotes on combined title insurance and escrow
rates in California. Most sites that function to find closing cost rates for the
consumer do not disclose the actual rates on the site and require the customer to
make an online inquiry. Besides title insurance and escrow quotes,
SaveonClosingCosts.com also provides assistance with inquiries on other real estate
vendors and professionals, including mortgage brokers, realtors and 1031 Exchange
companies.

Title insurance companies have historically worked with real estate professionals in
provisioning title insurance for their clients. The consumer usually accepts their
real estate professional\'s choice of vendors and are sometimes surprised by how high
the closing costs are. SaveonClosingCosts.com\'s mission is to reveal the best rates
on title insurance and other settlement costs for comparison purposes.

Only a few title insurance companies - Old Republic, Alliance Title and Ticor Title
are among them - publish their California rates online for comparison. Besides
online quotes from these companies, title insurance brokering services like
TitleInsurance.com and GetTitleInsurance.com act as lead generation services by
offering to connect online customers with local title insurance companies who pay
for the leads and provide a quote. SaveonClosingCosts.com is different from these
brokers by actually listing bonafide examples of the lowest title insurance and
escrow fee quotes in California.

Dean Guadagni, representative for SaveonClosingCosts explains,\"up to now, the five
principal title insurance companies that collectively underwrite over 90% of the
title policies in the U.S. have relied on maintaining their pricing structure by
matching and adjusting their rates to their competition. Lately, some settlement
companies are breaking rank to create pricing competitive advantages.
SaveonClosingCosts.com will post bonafide \"one fee\" quotes for combined CLTA
homeowners\' title insurance policy plus escrow fees that in some cases may be lower
than other underwriting title insurance company\'s quote for their CLTA policy alone.
There\'s no cost-cutting, the underwriters are always one of the five major title
insurance companies. What\'s happening? There are new business models developing
within the title insurance and escrow industry that are putting downward pressure on
pricing. Finally, the companies that are revolutionizing pricing are often the ones
that are redefining service quality, often through technological innovation.\"

SaveonClosingCosts.com is in the forefront of developing relationships with the new
real estate settlement services providing new and welcome pricing and servicing
advantages to the real estate transaction. Contact them at
www.SaveonClosingCosts.com or by phone (800) 928-4794.



Web Site = http://www.saveonclosingcosts.com

Contact Details = info@saveonclosingcosts.com
(800) 928-4794