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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 8:09 pm to
Posted by billjamin
Houston
Member since Jun 2019
12877 posts
Posted on 10/31/23 at 8:09 pm to
quote:

You know you can just go to a notary and do deed? I imagine you will not do that with your next real estate purchase. But at least you got to be an edge lord on the OT.

Whatever broski. We know your grift. Keep on defending an industry that makes people purchase their own malpractice insurance. I found a solution to the problem.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26594 posts
Posted on 10/31/23 at 8:11 pm to
quote:

Whatever broski. We know your grift. Keep on defending an industry that makes people purchase their own malpractice insurance. I found a solution to the problem.


Bill, you can 100% waive owners title. If the lenders are making you get lenders title insurance then tell your lender no or pay cash.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74921 posts
Posted on 10/31/23 at 8:15 pm to
What low iq person wouldnt get title insurance on a home purchase
Posted by Neauxla_Tiger
Member since Feb 2015
1889 posts
Posted on 11/1/23 at 9:41 am to
quote:

Keep on defending an industry that makes people purchase their own malpractice insurance


You keep saying this, which confirms for me that you have no idea what title insurance covers.

It's more than that. What if your seller is a scam artist that tried to sell the property to more than one person? The title company/attorney may have no way of knowing the seller had some shady notary execute a deed a few minutes before he came to the closing where you're buying. These scams happen every day in this country.

Hell, go google how much of an issue Orleans is having with fraud on vacant lots. If someone steals your identity and tries to sell your lot, and you don't have title insurance, well... good luck. Again, this would have nothing to do with any "errors" by the attorney from your purchase.

Sometimes there's a kooky neighbor that tries to build his shed on the boundary line and forces you to take him to court to stop him.


Additionally, do you not think literally every industry in the world that carries malpractice insurance doesn't bake the cost of it into their prices in some form or fashion?
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