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Updated over 5 years ago on . Most recent reply

Anyone refer a Title Agency who will execute w/o Owner Policy?
Hey Team LA, I'm buying FSBO home from a friend who is an extremely low risk seller and its been challenging finding an agency who will execute a transaction without forking an extra $2k on an owner title policy. My lender does not require it. Any investors had challenges with this? Any referrals for a flexible title company?
Most Popular Reply

This should not be hard to find at all. Owners title insurance is optional. Is it possible you are confusing this with lenders title insurance which is required by a lender?
Also, very common title defects include transposed numbers or letters in documents in the land records....that has nothing to do with the risk of the individual selling you the property.
- Russell Brazil
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- Podcast Guest on Show #192
