Affiliated Business Arrangement Disclosure Statement


This is to give you notice that First Weber, Inc. and First Weber Illinois, LLC, together doing business as First Weber and/or First Weber, REALTORS® (“First Weber”), HomeServices Relocation, LLC, Prosperity Home Mortgage, LLC, Priority Title Corporation, Preferred Title, LLC, Schmitt Title, LLC, Wisconsin River Title Consultants LLC, HomeServices Insurance, Inc. doing business as HomeServices Insurance Agency (“HomeServices Insurance Agency”), Title Resources Guaranty Company (“TRG”), and Vanderbilt Mortgage and Finance Inc doing business as Silverton Mortgage (“Silverton Mortgage”) are part of a family of companies (the “Affiliated Companies”) owned by Berkshire Hathaway, Inc. (“Berkshire Hathaway”), and each may refer to you the services of another...

Set forth below is the estimated charge or range of charges for each of the services listed. You are NOT required to use any of these service providers as a condition of the sale of the subject property or to obtain access to any settlement service.

THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Table 1 – First Weber and Affiliated Companies
Service Provider Service Provided Charge or Range of Charges
HomeServices Relocation, LLC Relocation Services Fees paid by real estate broker
 
Prosperity Home Mortgage, LLC Loan Origination Fee $0 - $1,565 (2% of loan amount on some bond products)
Appraisal $425 - $2,100
Third Party Fees $110 - $375 (credit report, tax service fee, flood cert fee)
 
Priority Title Corporation Lenders Policy (may be provided by TRG) $450 - $750 if simultaneously issued with Owner’s Policy; if not, issued at Owner’s Policy rates below.
Owner’s Policy (may be provided by TRG) For standard coverage, $525 flat fee up to $15k purchase price, plus $3.50 per $1k from $15k-$250k; add $2.50 per $1k from $251k-$500k; add $1 per $1k from $500k-$2M; add $0.85 per $1k from 2M-10M; add $0.65 per $1k from $10M to $50M; add $0.55 per $1k for over $50M. Reissue rate available.
Endorsements $0 - $750 depending on coverages requested.
Settlement Services Fee $45 - $200 deed and document preparation fees;
$125 - $400 escrow/settlement fees
 
Preferred Title, LLC / Schmitt Title, LLC / Wisconsin River Title Consultants LLC Lenders Policy (may be provided by TRG) $400 - $750 if simultaneously issued with Owner’s Policy; if not, issued at Owner’s Policy rates below.
Owner’s Policy (may be provided by TRG) For standard coverage, $525 flat fee up to $15k purchase price, plus $3.50 per $1k from $15k-$250k; add $2.50 per $1k from $250k-$500k; add $1 per $1k from $500k-$2M; add $0.85 per $1k from $2M to $10M; add $0.65 per $1k from 10M-50M; add $0.55 per $1k over 50M. Reissue rate available.
Endorsements $0 - $750 depending on coverages requested.
Settlement Services Fee $45 - $200 deed and document preparation fees; $125 - $475 escrow/settlement fees
 
HomeServices Insurance Agency* Homeowner’s Insurance $300 - $4,000 annual premium, depending on product and associated risk assessments (e.g., age of home, credit score, past claims of the insured, etc.)
 
Silverton Mortgage Loan Origination Fee 0 – 2.75% of the loan amount (includes third party fees)
Appraisal $475 - $900

ACKNOWLEDGEMENT: I/we have read this disclosure form and understand that the Affiliated Companies may refer me/us to purchase the settlement service(s) described on Table 1 above and that any such referrals may provide the Affiliated Companies and/or their employees with a financial or other benefit. I/we also understand that the Interested Parties may refer me/us to purchase the settlement service(s) described on Table 2 below (or on reverse) and that any such referrals may provide the Interested Parties with a financial or other benefit.

* In rare cases, your insurance policy may instead be issued by Long & Foster Insurance Agency, Inc., an affiliate of HSI, or under another of its trade names. HSI's trade names include: Edina Realty Insurance Agency, HomeServices Insurance Agency, InsuranceSouth, Long Insurance Group, ReeceNichols Insurance and Trident Insurance Agency.

Supplemental Affiliated Business Arrangement Disclosure Statement

Interested Parties and Additional Providers

Neither First Weber nor any other HSoA-affiliated company has any ownership interest in Universal Home Protection, LLC; Dependable Title of Wisconsin, LLC; and Point Title, LLC (collectively, “Additional Providers”). This is to give you notice, however, that some officers, employees, and real estate agents of First Weber (“Interested Parties”), individually or together, own interests in the Additional Providers...

Set forth below is the estimated charge or range of charges for each of the Additional Providers' listed services. You are NOT required to use any of these service providers as a condition of the sale of the subject property or to obtain access to any settlement service.

THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Table 2 – Interested Parties and Additional Providers
Service Provider Service Provided Charge or Range of Charges
Universal Home Protection, LLC Home Warranty $525 for a Basic Plan. Additional coverages and plans available.
 
Dependable Title of Wisconsin, LLC Lender’s Policy $525
Owner’s Policy $525 for policies $15,000 and under, plus $3.50 for each additional $1,000 or less of coverage up to $250,000, plus $2.50 for each additional $1,000 or less of coverage between $250,001 and $500,000, plus $1 for each additional $1,000 or less of coverage between $501,000 and $2,000,000. Reissue rate available at 15% discount, with a $525 minimum.
Special Assessment/Verification $20 - $50
Endorsements $0 - $500 depending on coverages requested.
Deed Preparation Fee $100 - $150
Closing Fee $250-$350, plus $25 per wire and $100 for overnight service.
 
Point Title, LLC Lender’s Policy $450
Owner’s Policy $525 for policies $15,000 and under, plus $3 for each additional $1,000 or less of coverage up to $100,000, plus $2 for each additional $1,000 or less of coverage between $101,000 and $500,000, plus $1 for each additional $1,000 or less of coverage between $501,000 and $1,000,000, plus $0.075 for each additional $1,000 of coverage above $1,001,000. Reissue rate available at 15% discount, with a $525 minimum.
Special Assessment/Verification $75 minimum; varies by municipality and number of parcels.
Endorsements $0 - $500 depending on coverages requested.
Deed Preparation Fee $125
Closing Fee $200-$350, plus $50 per wire and $40 overnight package.