Rick Mosca
Getting Title Insurance when using Subject2 and wrap mortgages
I was wondering if it is possible to get title insurance when buying subject2 and then selling using owner financing?My title company said they could do it but they would need to contact the original lien holder, whic...
Mike Mitchell
I'm being forced to buy title insurance in Texas
I was told yesterday by my trusty title company that they will no longer close on properties that do not have title insurance. I bought a property two weeks ago and bought a policy. This week I sold the property and...
Roy C.
Recommendation for Property Insurance (LLC in title) in NC
Do you have any recommendation on property insurance company that covers property with LLC in title?I currently have Amica right now, and it sounds like their policy covers my primary residence and rental under same p...
Damien Buchanan
Do you need title insurance when buying a foreclosure?
If a title is clean after foreclosure, do you need title insurance when purchasing?
John Byrley
Title insurance for property obtained after tax lien foreclosure.
In March of this year, we acquired title to a property in St. Mary's county, Maryland, through a tax lien foreclosure, paying about $40K. The prior owner, a mentally-challenged man, had died in 2018 while in long te...
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they ...
Huggy Baird
Sheriff sale auction purchase.. should I buy title insurance?
I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...
Jill Curran
need title insurance if house has had a warranty deed?
Newbie here. I'm looking at a bank-owned house for auction on auction.com. I can see in county records that the last owner got a warranty deed in March of 2017, and then it went back to US Bank with a mortgagee's deed...
Joe S.
How to get title insurance fast on a foreclosing house?
So I get a call today from someone that wants to sell me their house. The challenge is it is supposed to be foreclosured this coming up Tuesday. This is Tuesday evening and I will meet them tomorrow which is Wednesday...
Tim Weltman
Does title insurance carry over to new owner of LLC
Hi everyone,I have a legal question around title insurance. We are looking to buy a portfolio of 10 properties that the seller owns in an LLC by simply buying the LLC. The seller has title insurance on all properties ...