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re: Home Mortage Closing Costs: Bait & Switch, Is It Legal?

Posted on 2/24/15 at 8:34 pm to
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 2/24/15 at 8:34 pm to
I have purchased 5 homes thus far and never bought title insurance for my homes.

I believe you may have a case. The form you were given as a quote is a federal form (look at the top corner of the form) and you should check further to see what rights you have.

I have never had the attorney closing the sale alter the terms. Yours did.
Posted by NEWBIE
Member since Jun 2008
196 posts
Posted on 2/24/15 at 8:44 pm to
quote:

I have never had the attorney closing the sale alter the terms. Yours did.


His attorney did not change the terms. He chose to only purchase a lender's policy.

Go to this site for a rate calculator. LINK

Again, if you purchase both at the same time, you get a discount on the lender's policy.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26589 posts
Posted on 2/24/15 at 8:47 pm to
quote:

I have purchased 5 homes thus far and never bought title insurance for my homes. I believe you may have a case. The form you were given as a quote is a federal form (look at the top corner of the form) and you should check further to see what rights you have. I have never had the attorney closing the sale alter the terms. Yours did.


I think you are way off base here. In fact, I know you are.
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