Escrow Rates
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Schedule of Escrow Charges
Performed by CASCADE TITLE COMPANY within CLARK County
Effective February 15, 2010
REFINANCE ESCROW RATE. The refinance escrow rate shall be $400 plus $32.80 tax for all residential refinances in which the new loan amoun is under $1,000,000. Recording fees have been averaged, and will be $100 (no tax) regardless of how many pages or whether there is a Quitclaim Deed. This total of $532.80 covers EVERYTHING including courier, Reconveyances (both Reconveyance fees and release tracking fees), and fees that some companies have previously "added on" to their escrow fees, like "e-doc" fees, "accounting" fees, and "doc prep" fees.
PURCHASE AND SALE ESCROW RATE.
Price up to |
Fee |
Sales Tax |
Fee w/ tax per side |
$100,000 |
$500 |
$41.00 |
$270.50 |
$200,000 |
$600 |
$49.20 |
$324.60 |
$300,000 |
$750 |
$61.50 |
$405.75 |
$400,000 |
$900 |
$73.80 |
$486.90 |
$500,000 |
$1000 |
$80.20 |
$540.10 |
$750,000 |
$1150 |
$94.30 |
$622.15 |
$1,000,000 |
$1300 |
$106.60 |
$703.30 |
Above $1,000,000, please call.
AVERAGE RECORDING FEE ON PURCHASE AND SALE TRANSACTIONS. We will collect a recording fee of $130 (no tax) regardless of page-count or Quitclaim Deed(s).
TRANSACTIONS ABOVE $1,000,000. In transactions above $1,000,000, the escrow rate is negotiable and dependent upon the complexity of the transaction.
COMPETITOR RATES. We reserve the right to match any written quote (that includes all ancillary fees) by a competitor.
DEVELOPMENT RATE. When the person or entity being charged qualifies for a discount under the Multiple Issue Section of the corresponding Title Rate Schedule, the fee charged for the escrow shall be $250. The escrow fee for the corresponding side shall be based on one half of the escrow fees as set forth in the general schedule.
PRE-ESCROW RATE. On residential resale transactions, when preliminary title and escrow are ordered upon the signing of a listing agreement by an Owner/seller, the total escrow fee will be reduced by $100.
CONCURRENT FIRST AND SECOND LOAN RATE. The escrow fee for a simultaneous second mortgage that requires a separate settlement statement from the first shall be $250 and if no separate HUD is required the charge shall be $150. A second mortgage transaction conducted independent of a first mortgage transaction shall be charged $350 when said transaction involves a payoff of an existing lien. If the transaction does not require a payoff of an existing lien the charge shall be $250.
CHARITABLE RATE. The Company reserves the right to reduce any rate herein when the party being charged is a charitable or non-profit entity.
GOVERNMENT RATE. When a governmental entity requests escrow closing services the amount of the fee charged shall be negotiated based on the anticipated amount of work necessary for the completion of the request.
EMPLOYEE RATE. The employee's portion of the escrow fee will be waived for employees of the Company or affiliated companies, when the transaction involves the refinance, sale or purchase of the employee's primary residence.
COMMERCIAL AND SPECIAL PROJECTS RATE. Commercial and special projects shall be quoted based on the amount of work and liability.
MANUFACTURED HOME CHARGES. For transactions in which the title to a manufactured home is to be eliminated, there will be an additional charge of $200 plus government fees. For all other manufactured home transactions, the escrow fee will be $600.
ADDITIONAL WORK CHARGES. We reserve the right to adjust all fees to compensate for the amount of work involved or liability incurred.
SALES TAX All fees are subject to Washington State sales tax as applicable.