EDDY COUNTY ABSTRACT CO., INC.

New Mexico Title Insurance Premiums
(Effective July 1, 2007 Thru July 1, 2008)

2007 TITLE INSURANCE RATES (call for newest rates)

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2007 FEES FROM EDDY COUNTY ABSTRACT

TITLE COMMITMENT

$   50.00

24 MONTH CHAIN OF TITLE $  25.00

DIGITAL  DOCUMENTS

(downloaded & printed from the internet)                                                       $   35.00

ENDORSEMENTS

$   25.00 (each, as required by lender)

MANUFACTURED HOME ENDORSEMENTS

$  75.00 (each, as required by lender)

LOAN POLICY

$     (BASED ON THE AMOUNT OF THE LOAN)

CLOSING FEE

$ 225.00 

E-MAIL/FAX / COPY  FEE

$   50.00

OVERNIGHT FEE / E-MAIL

SEND: $26.70  -  -  -  SEND AND RECEIVE: $35.00

INCOMING WIRE FEE

$     8.00

RECORDING FEE

$ 9.00 first page + $ 2.00 for each additional page recorded (RATES WILL CHANGE ON MAY 15, 2008 BY THE COUNTY)

SURVEY

$  ?  (if required by lender for survey exception)

We can give reissue rates on existing policies regardless of who wrote the previous policy. For more specific charges, please contact us.

NOTE:  To compute any charge on a thousand dollars of liability, consider any fraction of $1,000 as a full $1,000.  All charges shall be rounded out to the nearest full dollar. 

The Title Insurance Rates herein are abstracted from the rate schedule filed by Superintendent of Insurance of the State of New Mexico.

EXPLANATION OF RATES

1.   

Owners Policies are issued for the full value of thee property including encumbrances.

2.   

Lender Policies are issued for not less than the amount of the loan.

3. 

When an Owners and Lenders Policy covering identical land are issued simultaneously, the Owner's rate plus $30.00 is applicable.  The above combination rates are available only if the amount of the lender Policy is not in excess of the Owners Policy.

4.   

Construction Loan Policies are issued for $30.00 plus $1.00 per thousand of liability.

5.   

Commitment to insure is issued for $50.00.

6.   

Discounts are available depending on the transaction, contact your local TICA Representative for assistance.

7.   

Special rates are available for developers, builders, and sub dividers.


THE FOLLOWING ITEMS ARE AVAILABLE ONLY THRU YOUR LENDER, BANKER, OR ATTORNEY.


TITLE PLANT FEES (tax not included at 6.8125%)

UCC SEARCH

$50.00

STATE UCC SEARCH

$45.00

UCC/LIEN/JUDGMENT SEARCH

$50.00

DOCUMENT RETRIEVAL  FAXED OR E-MAILED

$15.00

CURRENT ONE-OWNER SEARCH  FAXED OR E-MAILED

$50.00

COPY OF PLAT (NOT ON WEB SITE) FAXED OR E-MAILED

$10.00

DIGITAL  DOCUMENTS     (downloaded & printed from the internet)

             $35.00

Plotting of property by its legal description     (per tract)

$15.00

                                                               MISCELLANEOUS OR COMPLEX TITLE SEARCH  (without Title Insurance)                        (PER HOUR)

$50.00

TITLE CERTIFICATE

$150.00

TITLE CERTIFICATE UPDATE

$40.00

COPIES ARE $0.45 PER PAGE IN ADDITION TO THE ABOVE CHARGES

IF YOU ARE TAX EXEMPT.  PLEASE LET US KNOW.

 BINDERS CAN BE DELIVERED DIRECTLY AND IMMEDIATELY TO YOU BY E-MAIL IN .WPD, .DOC, .PDF, .RTF, OR .TXT FORMATS.  ANY OTHER DOCUMENTS YOU REQUEST CAN BE E-MAILED IN THE SAME MANNER.  WE HANDLE MOST ANY FORM OF ELECTRONIC DOCUMENTS IN ANY MANNER REQUESTED!

MANAGEMENT
JOLEEN MCCORMICK PRESIDENT
STEVE BRADFORD - ESCROW / CLOSING OFFICER
CONNIE DARRAH - ESCROW / CLOSING OFFICER
Reba Mitchell - Closings Assistant
Sandra Pearson - Title Plant Assistant

George Stockton - Title Plant Assistant

Becky Calderon - Diamond Escrow
SITE MAP:  Eddy County Abstract Co., Inc.  / HYPERLINKS TO KNOWLEDGE / Title Insurance Glossary / UNITED GENERAL TITLE INSURANCE CO. / New Mexico Land Title Assn. / Driving map / Frequently Asked Questions! / Guestbook / Suggestions Form / RESPA HANDBOOK / Old Pictures / Staff Photos / Title Insurance Order form / Deed and Plat form / Surface or Mineral Abstract Contact us  / Plat Index / Rate Sheets

We have county records digitized from May 16, 2001 to 24 hours prior to the date you read this.  We have digitized plats that are available to you thru this web site.  Just click on the hyperlink to the left marked Plat Index and find the Cabinet you are looking for.  Not all 2,800 plats are available.

Created & Managed with  Created & Managed With FrontPage 2002

This page updated; Thursday, April 17, 2008

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All Rights Reserved