Re: Should we buy Title Insurance for our new house in Hadley?
To my knowledge, the lender always requires title insurance to protect their interest up to the amount of the loan, and owners are advised to get their separate title insurance policies.
There is quite a bit on the internet regarding title insurance, kickbcks to lending institutions, etc., and the fact that once the owner gets the insurance it may be written up in such a way that it may not cover him/her in all situations.
In any event, it appears that title mistakes are rare, so we didn't purchase it.
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