auction.com/Linear Title

[JP Smith]

Just purchased a property from auction.com for 14,500.  I was assuming that the title company required to use would have a reasonable fee.  In my area, $400 total closing cost, which includes search, and 175 title insurance is the norm.

Linear Title, as required by auction.com, is charging $1,776.50.

I am pretty stunned.  I didn't even think it was legal to charge that much.

So, for any investor using auction.com for the first time, BEWARE of the closing costs.

And for anyone who has bought from them, is there any way to negotiate or use my own title company?

[Kristen Schade]

Is this true?  I need to pay for my title company AND the sellers if I go through Auction.com?  The home is in MN where it is customary that the buyer and seller each have their own title company and each pay for their own fees or share of the closing costs.