Posted by Lake/NWI on 4/19/06 3:05pm
Msg #114543

IN/MD Title Insurance Class?

Who on this board SUFFERED thru it on Mon. and Tues. at the Radisson in Merrillville, IN?

Would the MD people please respond also. I want to know do they really charge $3500 for YOUR classes. A lady at a SS told me that's how expensive it is in Maryland to get the Title Ins. Producer's License there. I can't believe it!

Reply by kkdmiddleton on 4/19/06 3:07pm
Msg #114546

I have done a TON of research on this and have never

heard of it being 3500, $500 at the most, but $3500??? What state was she from?

Reply by Lake/NWI on 4/19/06 3:20pm
Msg #114560

Re: MD class NOT $3500??!!

I don't remember. She called from a SS to encourage me to take the IN class for $300. By telling me that MD charges $3500, I guess I was supposed to realize what a DEAL we had here. I can't believe she just flat-out LIED!

Reply by DMARTZ_IN on 4/19/06 3:13pm
Msg #114551

Me and my longtime girlfried were there. I belive the big amout that MD signers have to invest in is the bond.

Reply by JD/MD on 4/19/06 3:20pm
Msg #114561

I paid $545 to MLTA for the class, $88 for license exam, $54 for the license, and $306 for bonding.

Reply by Lake/NWI on 4/19/06 3:22pm
Msg #114562

Re: How much is the MD bond?

Maybe so! I aim to find out.

If you don't mind, what's your first name? I'm wondering if I met you and your g.f. there. I was surprised at how many were NOT from NWI. Aren't you down South?

Thanks.

Reply by DMARTZ_IN on 4/19/06 3:25pm
Msg #114564

Re: How much is the MD bond?

My name is David and my G.F name is Diana we are from Fort Wayne, IN

Reply by Lake/NWI on 4/19/06 3:31pm
Msg #114566

Re: $1023 for MD!!!!

It's not $3500, but it's still TERRIBLY expensive! Is it WORTH it? You all charged much more for your signing fees after that, right?

Reply by kkdmiddleton on 4/19/06 3:34pm
Msg #114567

No that's not it. It is REQUIRED by the state of MD to have

it or you can not do loan closings. Most companies in MD and nationwide, I think, won't even work with you if you don't have it.

Reply by LilyMD on 4/19/06 5:05pm
Msg #114607

Re: No that's not it. It is REQUIRED by the state of MD to have

Yes, alot of companies are finally realizing the need for a TPL. I've had a lot more ask if I'm a TPL in the last 6 months or so.

Reply by BP/WV on 4/19/06 5:28pm
Msg #114615

Isn't MD the "Free State"???? False Advertisement!! lol n/m

Reply by bfd110_IN on 4/19/06 3:49pm
Msg #114576

I was there 2 months ago. I apologize but it was a waste of my time. The instructor was from florida and did not give anything specific on the state of Indiana. Scheduling timing was poor( why would you schedule during the busiest time of the month. Needless to say my review of the class was not good but hey now I can go out and charge higher fees since I am certified by the state. Watch out NREIS here I come.