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re: Buyer's Title Insurance
Posted on 1/20/17 at 7:30 pm to ItzMe1972
Posted on 1/20/17 at 7:30 pm to ItzMe1972
Its not just the fact that the older the house, the more title issues there are likely to be. It also protects against things like a scumbag seller that sells to another person the same day and that other buyer beats you to the courthouse to file.
Like any kind of insurance, it's just a gamble. If you can stomach the risk, go for it
Like any kind of insurance, it's just a gamble. If you can stomach the risk, go for it
1
Posted on 1/20/17 at 7:58 pm to Neauxla_Tiger
The closing attorney is excellent at real estate and will provide his title opinion.
The mortgage company is requiring that we pay for their title insurance.
The buyers insurance is optional.
The mortgage company is requiring that we pay for their title insurance.
The buyers insurance is optional.
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