re: Buyer's Title Insurance

I have a friend who bought a house in a small subdivison in BR about same age as one in OP. Turned out a couple years after he bought it that a descendant of the original property owner made a claim based on an alleged inproper succesion. All of the homeowners ended up puting up money (less than 1k each) to settle and not have thier titles tied up in court for years or risk being forced to move.

Stuff like this happens more than you think.

Grandma dies with out a will. Family sells the land to a developer. The black sheep of the family who was a hard to find Meth head pops up ten years later and hires an ambulance chasing attorney to try shake everyone down.