Talk of The Villages Florida - View Single Post - Is Title Insurance a scam?
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Old 07-08-2015, 07:54 AM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by Dr Winston O Boogie jr View Post
What's confusing me is why the buyer should have to insure himself against bad title. If something goes wrong with the title down the road, shouldn't that be the responsibility of the seller?

If I buy a car from a dealer and find that there's something wrong with the title, would the dealer not have to give me another car?

If I put an air conditioning system in my house and the compressor blows after a week, is it not the responsibility of the seller or installer to replace it?

It maybe the law and it may be standard practice, but it is a scam. It should be up to the owner of anything to insure that what they are selling is what they say it is.
It could be the sellers' responsibility down the road..........but where is that seller when you need him/her. Out of state?? Out of country?? Heaven?? Since you are now working with a "dealer" like a car......it just becomes more difficult.