Tuesday, December 29, 2009

Title Insurance Purchase Is It Advisable To Purchase Title Insurance On A House Worth $15,000?

Is it advisable to purchase title insurance on a house worth $15,000? - title insurance purchase

I'm going to an old house in a battered neighborhood to buy for a period of rehabilitation, a rental property. I pay $ 15,000 in cash. I have an updated summary of the title. Does it make sense to them to title insurance?

1 comments:

wizjp said...

If the summary is clean, I would say no. Do not risk one quarter of a facilitation of access or a problem, if not the property sitting in the building lines or easements, it's not the subject of ongoing studies or abstract topics, and there is a reasonable possibility of current survey must be good.

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