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Updated over 8 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Letitia Glenn
  • Real Estate Investor
  • Lakeland, TN
1
Votes |
10
Posts

Need advice on purchasing property without Title Insurance

Letitia Glenn
  • Real Estate Investor
  • Lakeland, TN
Posted

Have an opportunity to purchase an income producing rental property at a great price. My attorney has stated there will be no title insurance. The current owners inherited the property from their father who got the property from a quit claim signed over by a construction company in 1983. Since there hasn't been any other claims on the property since 1983, should I have any concerns about purchasing this property without title insurance?

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