Do I need to purchase title insurance on my condo?
May 4, 2010 by
Filed under condo insurance
I am financing it through a bank.
Yes, I agree I should get it. My question is will the bank give a mortgage without it?
Should I get title insurance for a condo I’m paying cash for?
March 13, 2010 by
Filed under condo insurance
The only reason everyone gets title insurance is because 99.9% of home buyers need to take out a mortgage and mortgage companies make you pay for title insurance or they won’t give you the money. In my case, I’m paying cash for a 190k condo. Do I really need title insurance? The [...]
Do I need to buy Title Insurance for my condo? What is the risk?
February 15, 2010 by
Filed under condo insurance
I am buying a condo in a new development and paying cash for it. I understand that mortgage lenders require title insurance, but that isn’t an issue here. I understand that the insurance is there for peace of mind to protect the large investment, but I don’t understand what the risk is, especially [...]