Talk of The Villages Florida - View Single Post - Should we buy Title Insurance for our new house in Hadley?
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Old 05-04-2008, 12:49 AM
Lil Dancer Lil Dancer is offline
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Default Re: Should we buy Title Insurance for our new house in Hadley?

We didn't buy it either. In our case, the bank has their title insurance, and we hold a small mortgage. Our thought was, if something happens, the bank's insurance would cover things. I agree, the chance of a contractor's lien is small. I suspect most people don't question this type of charge, they just go out and get it. We tend to be pretty frugal, and this looked to be overkill. I'm sure you'll get many opinions to the contrary, however.