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Updated over 12 years ago,
Buying a HUD investment property
I am trying to get some clarification on HUD investment properties. I have read when purchasing from HUD you are are dealing with free and clear titles which would allow one to believe you do not need to do a title search/insurance....however, I was recently told by a realtor in my market that YES you do have to pay for title insurance when buying HUD property and must pay to have the title checked. Can anyone clarify this for me? Thanks!