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Updated about 3 years ago on . Most recent reply
is Title insurance required? I have been sent bill detals
The Title company has sent me a bill for title insurance, I was wondering what are ways to save on this?
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Greg M.
#3 General Landlording & Rental Properties Contributor
#3 General Landlording & Rental Properties Contributor
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Greg M.#3 General Landlording & Rental Properties Contributor
#3 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Los Angeles, CA
Most lenders will require it. You are allowed to shop for this insurance. You may save a little, but it probably won't be worth your time.
If you pay cash for the property, you aren't required to purchase title insurance. People do stupid things all the time. Not buying title insurance is one of them.