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Updated over 5 years ago on .

User Stats

86
Posts
22
Votes
Abraham Kaplan
  • Investor
22
Votes |
86
Posts

Supplemental Title insurace

Abraham Kaplan
  • Investor
Posted

Is there some kind of supplemental title insurance policy or another way to protect my investment funds in case of title fraud? The reason I ask is on my first attempt to buy a property to flip there was title fraud. I don't want to go into all the details because the lawsuit is still not resolved. The title insurance covered the loan from the lender and some of my lawyer fees. They didn't cover any of my other cost, such as contractors and bought materials. My partner and I lost a large amount of money. It took us a long time to recover from it. But we have saved up more money and secured lines of credit. We don't want to lose that again. I"m looking for a way to protect what title insurance won't.