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Updated almost 2 years ago,
I can't get title insurance, should I back out?
Hello friends,
I have had an offer accepted on a house and found it its a foreclosure that is being sold by a debt collection agency. They will not offer title insurance. If a full title search doesn't show any issues do you think I should buy the property? Again, I will only buy the property if a full title search by a title agency doesn't find any problems.
Its a good property that I can BRRRR and get good rent on so I am biased on taking the gamble but I need some unbiased and more experienced opinions.
Thanks
Dan