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Updated about 9 years ago on . Most recent reply

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139
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Ryan K.
  • Investor
  • Richmond, VA
43
Votes |
139
Posts

Using seller's title company?

Ryan K.
  • Investor
  • Richmond, VA
Posted

I'm buying a REO, Wells Fargo is seller, and they offer to pay for owners title policy if I use their chosen title company. This could be a decent $$ savings. Who has gone this route before and any opinions whether good or bad? And how will I know if I'll be getting a good title policy where any issues have been cleared versus just made into exceptions?

Most Popular Reply

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

I always recommend paying for your own title company.  Look out for the problem exceptions in the B section of exceptions.

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