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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]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] Shop around. [/quote] It is a cartel/regulatory capture system. They have gross margins in the 300-400% range. But of a racket. Also the cost to clear titles is often less than you think. There is a reason they are so hyper profitable.[/quote]
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