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re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict

Posted on 10/31/23 at 4:32 pm to
Posted by 251TigerFan
Member since Jun 2023
27 posts
Posted on 10/31/23 at 4:32 pm to
Nobody wants title insurance until they do... And then they are really, really glad they had it.

And, it didnt cost you "thousands"

Also, you go lend someone a couple hundred grand for a house and see how you feel without any insurance in place to protect the title to your collateral.

Understandable frustration you have, but title insurance is undoubtedly a necessary "evil"
Posted by LemmyLives
Texas
Member since Mar 2019
6571 posts
Posted on 10/31/23 at 5:08 pm to
quote:

Nobody wants title insurance until they do... And then they are really, really glad they had it.

And, it didnt cost you "thousands"


Ok, you can't read. I specifically said that I'd had title insurance when I took possession initially , but then had to purchase title insurance again, when I essentially bought it from myself.

The first time, I paid $4038 for title insurance. The refi title insurance was $2k, when I was supposedly insuring that the title I'd already gotten insured needed to be insured again.
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