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Updated over 7 years ago on . Most recent reply

User Stats

27
Posts
9
Votes
Liz Murphy
  • Laconia, NH
9
Votes |
27
Posts

Title Insurance - Who is best person to buy from?

Liz Murphy
  • Laconia, NH
Posted

I am going to purchase an REO property trough Auction.com. The bank will pay for the closing, but I am unsure who I use to get Title Insurance on the property. Auction.com said I can purchase through the bank's title company (Title 365), the local lawyer I spoke with said I could purchase through him? Any difference who I use to get the title insurance? Any difference quality or cost?

Most Popular Reply

User Stats

23,418
Posts
13,510
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Do Not take the “free title Ins” from xhome. They jack up other fees And they routinely skip checking for “unrecorded liens” such as code violations, utilities, etc and Rxclude them from coverage in the B Rxvludions. BUY YOUR OWN!

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