Anyone have experience working with US National Title Insurance Company? They are providing owner's title insurance on a piece of adjudicated property I am purchasing TODAY through an online auction. But the policy they are providing only cover the purchase price, and it lists a lot of exceptions. Here's a link to a sample policy:https://www.civicsource.com/assets/docs/TitleInsur...
I hoping someone from BP has worked with them before and can confirm that they didn't have any trouble getting their property fully insured with an underwriter on the primary market?
I reached out to my insurer and they said it shouldn't be a problem, but I would love to hear from someone who has actually done it.
@Melissa Landry I'm curious to hear BP opinions as well. I am not familiar with LA tax sale law but I would ask who they underwrite on and if they provide indemnity letters.
Thanks Dustin. Good questions. I will pose them to the company tomorrow and report back.