Cost of cashing out -Brrrr

[Carrie Giordano]

I'm going over my options to cash out on two properties. I spoke with a few local lenders today and was a bit surprised at the cost to refinance. I would love other people's opinion on the current going rates. 

The lender I am most interested in working with said the closing could run me $3600-$3700. He did say that estimate may be a little high but he wanted to be prepared for that. He said the bank charges $1195, an appraisal will probably be about $475 and the rest are title fees. Does this sound fairly accurate? It seemed very high to me for title fees.