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Updated almost 12 years ago,

User Stats

14
Posts
2
Votes
Matthew Thomas
  • Worcester, MA
2
Votes |
14
Posts

Marketable title vs Insurable Title

Matthew Thomas
  • Worcester, MA
Posted

Hi All,

I've got a freddie mac REO under agreement and in the P&S they state that they would only provide an Insurable title.

My lawyer brought this up as a concern but thought that if it came back with a clean title search it wouldn't be an issue going forward.

I am 2 days in the 10 day inspection period and expect to get the title search back by the end of this week.

Should I be concerned even if the title search comes back clean?

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