Perhaps you’ve heard, but if not, then be advised Texas title insurance premiums will increase, somewhat dramatically, beginning May 1, 2013. Attached, courtesy of Republic Title of Texas, Inc., is a Commercial Rate Card for the State of Texas, which allows you to calculate your premium for transactions based on dollar value. If you have not plugged the new rates into your proformas for deals to close May 1 or later of this year, now would be the time to do so.
