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Updated over 5 years ago on . Most recent reply
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Anyone refer a Title Agency who will execute w/o Owner Policy?
Hey Team LA, I'm buying FSBO home from a friend who is an extremely low risk seller and its been challenging finding an agency who will execute a transaction without forking an extra $2k on an owner title policy. My lender does not require it. Any investors had challenges with this? Any referrals for a flexible title company?
Most Popular Reply
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This should not be hard to find at all. Owners title insurance is optional. Is it possible you are confusing this with lenders title insurance which is required by a lender?
Also, very common title defects include transposed numbers or letters in documents in the land records....that has nothing to do with the risk of the individual selling you the property.
- Russell Brazil
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- (301) 893-4635
- Podcast Guest on Show #192
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