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re: Title Insurance
Posted on 4/30/13 at 3:26 pm to tiger94gop
Posted on 4/30/13 at 3:26 pm to tiger94gop
quote:
I know RMC is an attorney, but owner's title is always more expensive than lenders. He may mean that part of the premium is covered under lenders and part under owner's I am not sure.
Yeah, that's what I was getting at. I may have said something backwards.
quote:
Also, I am not sure, but if you go back through the same title co, there should be a reduction of cost for a refi because they already sold you a policy.
Correct, you get a reduced rate.
1
Posted on 4/30/13 at 3:27 pm to rmc
quote:
Why would you want to do such a thing?
We opted out of ours because we know that the original owners bought the property. Their sons are selling it, so the title is clean. Saved us $1600
This post was edited on 4/30/13 at 4:12 pm
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