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BEWARE OF "BUNDLED" SERVICES
Many of our counterparts in the State of Washington have been mass marketing escrow services at "bundled
rates" with an introductory fee of 400.00 dollars or less on a refinance, and 475.00 on a purchase transaction.
We have been asked by many of our customers why our refinance rates are at 450.00 dollars, and we have a simple answer...we
have bundled our fees way longer than anyone else!
We constantly monitor our competitors pricing to ensure you
are getting every cost effective service you would expect from any escrow company. Our refinance rates have not increased
in 10 years, and remain the same to this very day. We never charge extra for email, wire, courier, doc prep, reconveyance,
short sales, 1031 exchanges, private party notes and deeds, or proceeds splits.......Do they? Yes....yes, they do......
Example:
TITLE COMPANIES/ ESCROW COMPANIES Have merged into a conglomeration of services. So, with
all of the title company power behind them, they offer "unbelieveable" BUNDLED rates. So lets take a look at three
of these very popular comapanies:
Company T Says: Purchase and Sale up to 300k is 475.00 per side.
Then Company T puts an asterisk somewhere in there. Do you know what that means? Lets go and see:
* additional
fees apply !!!! Thats right. Go look at Company T`s website. and sure enough, there is a 50.00 dollar to 75.00 dollar
fee on every transaction for "WIRE AND COURIER" CHARGES!
COMPANIES "X"
"A" and "T" THINK YOU ARE NOT SMART ENOUGH TO READ THE FINE PRINT
HERE`S ANOTHER
EXAMPLE: COMPANY X CHARGES 475.00 PER SIDE ON A 250,000.00 PURCHASE WHAT YOU DO NOT
SEE IS THIS .....60.00 PER SIDE WIRE COURIER FEES, 10.00/SIDE EMAIL FEES FEES FEES FEES....ALL HIDDEN
SHANNON ESCROW NEVER CHARGES ADD ON OR JUNK FEES LIKE THE ESCROW/TITLE GROUPS DO! AND SHAME ON THEM FOR TREATING YOU LIKE THAT.
We understand the economy. We understand the needs of every consumer. We, ourselves,
are consumers.
This is the reason we continually shop other escrow companies in
the State of Washington. We want you to feel confident you are getting the best service, at the best price.
We
encourage your diligence, and offer the following fee comparisons from our competitors: 400.00 bundled rates ask for
wire, courier, payoff, edoc, rush and other fees as a matter of fact. It is a shame they treat you like that.
we
encourage you to look at them all...shop around
EXAMPLE: 500,000.00 dollar purchase at: Fidelity Escrow=$848.63+
tax + 255.00 Home Warranty+ Add On fees Thats over 1000.00 Dollars per side! Shannon Escrow= 900.00 + tax and the
warranty is free (up to 300.00) LETS LOOK AT ANOTHER: Northpoint = 725.00+60.00(wire/courier)+150.00 recon No
warranty No outside signings for free (information taken from Northpoint and Fidelity website on 08/31/2010)
DO NOT BE FOOLED BY WHAT THEY SHOW YOU.
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