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Updated almost 9 years ago on . Most recent reply presented by

User Stats

155
Posts
13
Votes
Aaron Xie
  • Investor
  • Southern California
13
Votes |
155
Posts

Mortgage gets approved without title insurance in BC Canada!

Aaron Xie
  • Investor
  • Southern California
Posted
I am shocked to hear that. I have never seen the finance on a real estate transaction getting approved without title insurance. What if there is a lien or debt on the property! Though the agent, the bank and the lawyer all claimed the they have done the title search and checked with the city, but I think this is just too risky. Should I insist on buying the title insurance? This is in Great vancouver in BC, Canada.

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