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Real Estate
Reply to "really high title insurance quote"
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[quote=Anonymous][quote=Anonymous]The dirty little secret about title insurance is that owners title insurance is always optional but never disclosed to you. Weve been through circa 5 or 6 closings and always had it removed from the closing statement. If dc really has 1 in 50 title claims, it may be a justifiable expense for you though. Lenders title insurance is never optional.[/quote] What kind of idiot are you? Seriously, having been through one incident I can tell you title insurance is worth it. It's a miniscule amount of money relative to the purchase price of the home. The fact that your lender REQUIRES it is a pretty big tipoff of its importance. That said, don't buy more insurance than you need.[/quote]
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