Quote:
Originally Posted by JimJohnson
Lenders will not lend you the mortgage without you buying a lenders title insurance.
If you purchase from an individual, it would be smart to buy or insist that the Seller buy you aN owners title insurance policy.
If you buy a new home from the Villages, save your money and IF, anything should go wrong, you have the option of suing The Villages for selling you a piece of land that they DID NOT OWN.
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Spent 40years working for community banks whose major line of business was home mortgages . Always advised customers to buy Owners policy . This post is very questionable advice . Many other threads on the issue - read them for more info.