Updated about 10 years ago on .
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Commitment for Title Insurance - what is it?
Just bought a 1600 sq ft 3 bedroom ranch from NationStar/Xome/HomeSearch via online auction. Their title company is providing a 'commitment for title insurance'. Is this ultimately the same as 'title insurance' assuming the conditions mentioned within the commitment are satisfied?
By the way, I plan to post my new member introduction as it's long overdue. This is actually the 4th project home with 2 of the others bought via online auction (Hubzu and Homesearch) and 1 being a live-in rehab. It's been an adventure.