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DATA ITEM DESCRIPTION Title: Cost Data Summary Report (DD Form 1921) Number: DIFNCL81565C Approval Date: 20110518 MSC Number: D9193 Limitation: DTC Applicable: GIDE Applicable: Preparing Activity:
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Step 1: Gather all the necessary information related to the title cost data, including the purchase price, any applicable fees or taxes, and any other costs involved in the title transfer process.
02
Step 2: Calculate the total cost by adding up the purchase price and all the additional costs.
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Step 3: Summarize the title cost data by listing the individual costs separately and providing the total cost at the end.
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Step 4: Clearly label each cost and provide a detailed description if necessary.
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Step 5: Double-check all the calculations and ensure the accuracy of the data.
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Step 6: Format the title cost data summary in a clear and organized manner, using tables, bullet points, or any other suitable format.
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Step 7: Review the completed title cost data summary for any errors or omissions.
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Step 8: Make any necessary revisions or updates to the summary to ensure it is comprehensive and accurate.
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Step 9: Share the title cost data summary with the relevant parties or stakeholders as required.

Who needs title cost data summary?

01
Title companies
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Real estate professionals
03
Homebuyers
04
Sellers
05
Lenders
06
Insurance providers
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Title cost data summary is a report that summarizes the costs associated with the purchase of a property, including title insurance, fees, and taxes.
Title companies, lenders, and real estate agents are required to file the title cost data summary.
Title cost data summary can be filled out by entering all the relevant costs associated with the purchase of a property into the appropriate fields of the form.
The purpose of title cost data summary is to provide transparency and clarity to buyers and sellers about the costs associated with a property purchase.
Information such as title insurance costs, transfer taxes, recording fees, and any other fees associated with the property purchase must be reported on the title cost data summary.
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