[Boomer]

This topic sure has been invited to the dance a bunch of times. But that's OK. I'll let it give me another twirl.

You know how people say, "The bank requires title insurance for mortgages, but I am paying cash so I don't need it."

I might be being dense, but I have never understood that logic.

If you are paying cash, you are the bank.

Now, I know that you could say that the bank is just requiring title insurance to make money on selling the policy itself, not because they are concerned, no matter how remotely, about losing their investment in your mortgage.

Well, maybe. Maybe not.

But because I can't get past the fact that if I pay cash, I am the bank, I will just do what the bank does and get the title insurance.

Expensive?

Maybe. Maybe not.

For me it's the cost of sleep.

You really don't have to figure out whether or not to buy title insurance.

You just have to figure out your own cost of sleep.

Boomer