Title insurance for rental properties
this question came up as I am getting closer to the closing date for my last 2 rental properties
Do you want to purchase a title insurance?
What is the expertise opinion on this
Most Popular Reply
Unless it's a dirt cheap courthouse steps home that you got for virtually nothing, and thus you don't really care if you lose it, always get title insurance.
I've actually received a court summons & lien threat over something a previous owner did that the title company didn't catch while I was in escrow to purchase the place (straight retail MLS property, wasn't a wonky deal at all), and had title insurance take care of it. So it's not like it's one of those things that you never actually need or use -- things really do come up, in the real world!