Quote:
Originally Posted by Stu from NYC
My understanding is that in Florida the seller must pay for the title insurance covering the buyer.
|
When I bought my house from The Villages, the buyer's title insurance policy was optional, and I paid for it. A got a letter from The Villages giving me the option to buy the policy or to decline it. It says that I could either write a separate check to the title company or they could include the amount in my payment at the closing. But, I definitely paid for the insurance policy. Some buyers decide not to buy a policy. You may be thinking about the cost to search the title and to deliver a clear title to the buyer, but that is not a title insurance policy.