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Marty Happle's profile image
Marty Happle's profile image
Marty Happle
  • Investor
  • from Perth Amboy, New Jersey
  • Member since Sep 16, 2013
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110
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21
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Marty Happle's profile image
Marty Happle's profile image
Marty Happle
  • Investor
  • from Perth Amboy, New Jersey
  • Member since Sep 16, 2013
Connect
Marty Happle
  • Investor
  • Perth Amboy, NJ
21
Votes |
110
Posts
Buying & Selling Real Estate

Title Insurance

Marty Happle
  • Investor
  • Perth Amboy, NJ
Posted Jun 7 2014, 10:01

I bought a house cash to flip on April 17.

On the HUD I have this for title

1101 Titles Services and Lenders Title Insurance $750
1103 Owners Title Insurance $965

Ok.. now.. I am going to refinance this house with a hard money lender next week hopefully. I am also going to change the LLC that owns the property to another LLC that I own.

1. Do I need to get all new title insurance?

2. If I do get new title insurance with a different title company (or even the same title company), is the title insurance on the first purchase going to be pro-rated and refunded?

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