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Reply to "Am I crazy not to buy Title Insurance"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It is incredibly cheap insurance. Not sure why you wouldn’t buy it.[/quote] It’s really not! I’m being quoted $5k for the tiny risk that I’ll have a title issue. On top of the $3k I’m paying for the lender policy![/quote] It protects you forever for an unlimited amount of money to fix the situation, though.[/quote] The title insurance companies are very small and some of them are run by a small and medium size attorney's office. What if they go out of business?[/quote] The policies are all underwritten by giant companies like North American Title, Old Republic, Fidelity National Title. The attorneys are insurance salesmen.[/quote]
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