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Updated about 8 years ago,

User Stats

145
Posts
100
Votes
Krishna Chava
  • Specialist
  • Carrollton, TX
100
Votes |
145
Posts

REO without title insurance

Krishna Chava
  • Specialist
  • Carrollton, TX
Posted

Bank is offering us a nice vacant foreclosure property next to a rental we own. However, they want us assume any liens(there aren't any as far as we know of) and they will not give title insurance.

We want to refinance this property 6months to 1 year from now. How do we get a title insurance later? Is it very expensive to get title insurance on such properties?

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