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Escrow Rates
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Effective July 1, 2015
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| $0 - $100,000 |
$570 |
$285 |
$800 |
| $100,001 - $200,000 |
$700 |
$350 |
$1,000 |
| $200,001 - $300,000 |
$830 |
$415 |
$1200 |
| $300,001 - $400,000 |
$960 |
$480 |
$1,400 |
| $400,001 - $500,000 |
$1,090 |
$545 |
$1,600 |
| $500,001 - $600,000 |
$1,220 |
$610 |
$1,800 |
| $600,001 - $700,000 |
$1,260 |
$630 |
$1,870 |
| $700,001 - $800,000 |
$1,300 |
$650 |
$1,930 |
| $800,001 - $1,000,000 |
$1,350 |
$675 |
$2,000 |
| Over $1,000,000: Additional $200 for every $250,000 of liability |
REFINANCE ESCROW RATE – The refinance escrow rate for residential property shall be $450 up to $400,000 liability amount. Over $400,000 the rate shall be 65% of the General Rate. The refinance escrow rate for Commercial/Ag-Farm shall be 65% of the Commercial Rate.
RESALE MULTI-COVERAGE RATE – When the resale transaction which is the subject of the escrow includes the issuance of a policy of title insurance by First American Title Insurance Company and the premium for such policy qualifies for the Multiple Coverages Rate under the Company’s Washington title insurance rate schedule (the “Multiple Coverages Rate”), the Escrow Rate shall be 65% of the General Rate.
REO RATE – When the seller (or an entity affiliated with the seller) acquired the property through a foreclosure sale or deed-in-lieu of foreclosure, the REO Rate shall be the Commercial Escrow Rate.
COMMERCIAL TRANSACTIONS – Commercial transactions may incur additional fees based on the amount of work and liability.
SHORT SALE TRANSACTIONS – A short sale fee of $500 shall be added to applicable escrow transactions.
MOBILE HOME TITLE TRANSFERS AND ELIMINATION – If the transaction includes a transfer or elimination of a motor vehicle title on a mobile home, an additional $500 processing fee will be added to the otherwise applicable fee.
ADDITIONAL WORK CHARGE – Grant County Title Company reserves the right to amend all fees to compensate for excessive work or liability incurred.
SALES TAX – All fees are subject to 8.5% sales tax as applicable.
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