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Updated almost 8 years ago,

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2
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0
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Roy Gardiner
  • Real Estate Professional
  • Capitol Heights, MD
0
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2
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Saving on Title Insurance

Roy Gardiner
  • Real Estate Professional
  • Capitol Heights, MD
Posted

I'm a newbie that's going to try a spec build. I'm buying some infill lots from a county government. I saw the resolution where the county government passed the referendum to put the property up for sale. There is also a county site where you can review title ownership (presumably  this is where title company researchers go). Question is, can I save some money (1-2K) buy not buying title insurance for the purchase from the county government? Shouldn't  a county government sale be as certain as one can be? I mean wouldn't I have much recourse in the case of an issue with ownership? Also a title company will probably put me through the ringer (suing the government) before paying me, right? I may be too frugal here, but any advise is welcomed.

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