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Updated over 3 years ago on . Most recent reply

Yashar Fred's profile image
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Yashar Fred
  • from San Antonio, TX
  • Member since Aug 21, 2021
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Yashar Fred's profile image
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Yashar Fred
  • from San Antonio, TX
  • Member since Aug 21, 2021
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Yashar Fred
  • San Antonio, TX
13
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General Landlording & Rental Properties

is Title insurance required? I have been sent bill detals

Yashar Fred
  • San Antonio, TX
Posted

The Title company has sent me a bill for title insurance,  I was wondering what are ways to save on this? 

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Greg M.
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Greg M.
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Greg M.#2 Starting Out Contributor
  • Rental Property Investor
  • Los Angeles, CA
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Greg M.#2 Starting Out Contributor
  • Rental Property Investor
  • Los Angeles, CA
Replied

Most lenders will require it. You are allowed to shop for this insurance. You may save a little, but it probably won't be worth your time. 

If you pay cash for the property, you aren't required to purchase title insurance. People do stupid things all the time. Not buying title insurance is one of them. 

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