Banks require it if you have a loan. If you are paying cash, get it anyway.

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

May 23, 2015
10:02:02am

Cougar-Duck

Banks require it if you have a loan. If you are paying cash, get it anyway.

Having title insurance has saved people's houses when weird issues cropped up

Report problem with this ad

Cougar-Duck

Previous username: heberjoe
Bio page: Cougar-Duck
Joined: Apr 26, 2005
Last login: Apr 25, 2024
Total posts: 49,268 (3,661 FO)

Report problem with this ad

Messages

Author

Time

$1200 for title insurance on a 10-year-old town home?! Do I really need this

PGVikingDad

5/23/15 9:25am

Sadly, yes

5/23/15 9:27am

I read an article in Business Week a while back

QuickCoug

5/23/15 9:35am

^^ This is the real issue

5/23/15 10:22am

Title insurance is a scam but unavoidable

QuickCoug

5/23/15 9:30am

If you really want an unpleasant surprise, ask them to guarantee the accuracy.

BluePete

5/23/15 9:32am

Title insurance company errors have given me a lot of work over the years.

Cougar-Duck

5/23/15 9:38am

Does that mean I should or shouldn't get it? Forbes and CNN essentially consider

PGVikingDad

5/23/15 9:55am

Banks require it if you have a loan. If you are paying cash, get it anyway.

Cougar-Duck

5/23/15 10:02am

Unless you are paying cash you won't have a choice mortgage bank will require it

cougarfann888

5/23/15 9:58am

I was wrong. It's $2100. $900 "Lender Ins." + $1200 "Owner Ins." What the H?!!

PGVikingDad

5/23/15 10:12am

It's an entrenched scam

5/23/15 11:32am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad