[Dr Winston O Boogie jr]

Originally Posted by justjim

In reality, the Government will own your house---then someone else will live in your home if you don't pay your taxes. You really are only "leasing" your home from the Government.

But leasing your home from the Government can prove to be more profitable and a better arrangement than leasing from a landlord who leases the house from the Government.

Sorry, a bit off the subject. Dr. You have no choice in the matter of title insurance when you have a mortgage on the property. The lending institution will require it. Regardless, Title insurance isn't a scam---it's insurance---and to many not a bad idea and to others an unnecessary expense. To each his own. Good luck with your new "lease"!

How is it that so many of you missed the point about there being two types of title insurance? One that covers the lender and one that covers the owner. The one that covers the lender is mandatory and much less expensive than the one that covers the owner.