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GA: Title insurance and Closing day of Auction
Greetings All,
A few newbie questions here regarding purchasing foreclosures at auction, specifically in Gwinnett County, GA:
- How is title insurance typically purchased on a won bid? Meaning, is it offered the day of purchase via the auction.com folks at a reasonable price, or is there a window of time available to find your own provider?
- Say you won a bid, is all paperwork completed right then and there or is an additional 'closing' scheduled at a later date?
Much thanks to the members of this board!
Rick H.