So, I take it that the “short-term rate” of yesteryear (for frequent refinancers, owners who do not hold property long and flippers) has gone by the wayside in favor of bigger title-company profits?
I think it is ridiculous to charge full price for an ALTA policy for a frequent refinancer. They’re already getting shafted by repeatedly paying transaction fees and (now grossly inflated) recording fees (and sometimes points).
