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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateTitle insurance on cash purchase
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Waynesville, North Carolina
  • Member since Jul 24, 2014
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Waynesville, North Carolina
  • Member since Jul 24, 2014
Connect
Account Closed
  • Investor
  • Waynesville, NC
121
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Buying & Selling Real Estate

Title insurance on cash purchase

Account Closed
  • Investor
  • Waynesville, NC
Posted Aug 20 2014, 06:20

I am in the process of purchasing a REO property for cash. In looking over the HUD-1, I see I am having to pay for Lender's Title Insurance and Owner's Title Insurance. If I'm not using a lender, the lender's policy would be worthless right?

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