Title companies sell title insurance, and their goal is to not pay out by means of discovering and disclosing all of the flaws in your potential title so they can except them from coverage.

PS its rare to build basements except in certain markets were lot coverage and solar set backs are such that you need to go down to get sq ft.. 

Plus, don't forget to get as much insurance coverage as you feasibly can.

It's $99/month and the in-app purchase features can definitely get pricey but from what I can tell they have one of the most robust data warehouses and API partnerships I have seen so far including 92% MLS coverage...which I'm really curious how they achieved that as that has to be VERY expensive since I believe you need a license for every market. 

We can't get coverage here on knob/tube & screw in fuse panels are a nightmare.

Did the prior owner have coverage at the time of the loss. 

Well worth the costs...typically we can get a comprehensive set of transaction document for under $500.

I think they will even cover an already broken system.But no, the home warranty coverage is just like an extended car warranty not provided by the manufacturer. 

Technically that risks triggering the due on sale clause, but I've not heard that actually being a big risk.Alternatively, and what I have done, is buy the property in my name, get great insurance, hire a good property manager who runs the property fairly and legally, and then get an umbrella insurance policy for additional liability coverage.

Water and sewer should be about $55 per unit per month.Insurance depends on coverage, deductible and company.