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#AskBP 056: What is Title Insurance and is it Always Necessary When Buying Real Estate?

Expertise: Landlording & Rental Properties, Personal Development, Real Estate News & Commentary, Real Estate Investing Basics, Business Management, Flipping Houses, Mortgages & Creative Financing, Real Estate Deal Analysis & Advice, Real Estate Wholesaling, Personal Finance, Real Estate Marketing, AskBP
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What is Title Insurance and is it Always Necessary When Buying Real Estate?

Title insurance is an important part of the real estate sales transaction, but it’s meaning is shrouded in mystery for most who buy it. On this episode of the #AskBP Podcast, Mindy Jensen shares the inside scoop on just what title insurance is and why (and when) it’s important to buy. If you ever plan to buy a piece of real estate in your life, pay close attention to this episode!

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Brandon Turner is an active real estate investor, entrepreneur, writer, and co-host of the BiggerPockets Podcast. He began buying rental properties and flipping houses at age 21, discovering he didn’t need to work 40 years at a corporate job to have “the good life.” Today, with nearly 100 rental units and dozens of rehabs under his belt, he continues to invest in real estate while also showing others the power, and impact, of financial freedom. His writings have been featured on Forbes.com, Entrepreneur.com, FoxNews.com, Money Magazine, and numerous other publications across the web and in print media. He is the author of The Book on Investing in Real Estate with No (and Low) Money Down, The Book on Rental Property Investing, and co-author of The Book on Managing Rental Properties, which he wrote alongside his wife, Heather, and How to Invest in Real Estate, which he wrote alongside Joshua Dorkin. A life-long adventurer, Brandon (along with Heather and daughter Rosie) splits his time between his home in Washington State and various destinations around the globe.

    Jason
    Replied about 4 years ago
    Title insurance plan is essential for any property purchaser because doing so protects a person and also the lender via the possibility that your own seller doesn’t — or past suppliers did not — have totally free as well as crystal clear possession of the home as well as home as well as, thus, can’t rightfully shift total possession to your account.