Investment purchase question

[Thomas Oberman]

I won a home off of auction.com a few days ago. I selected the title company that they recommended because I figured in this situation it may be easier.

I have purchased several homes and typically the settlement fee from the title company is $500 +\- $100, I was expecting a similar cost. This title company’s settlement fee is $1200. I spoke with them and told them that I was going to use a different title company, at that point they said their fee would still be $800 if I don’t use them or an additional $400 if I close through them. Does this seem crazy or is this common?

Thanks for the feedback!