Talk of The Villages Florida - View Single Post - Paying Buyer versus Lender Title Insurance
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Old 07-14-2020, 04:46 PM
jimhurtt@twc.com jimhurtt@twc.com is offline
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Quote:
Originally Posted by jbrown132 View Post
What I have never understood about any of this is that when buying a home you pay the attorney to do a title search. So when you go to sell the home if they find a problem with the title shouldn’t the attorney who did the original search be liable to make the title good. To me this is just a money making scheme.
Just adding to your comment of money making add-ons to buying a house, one of the worst is a mortgage company requiring a buyer to buy mortgage insurance to protect the lender against the buyer defaulting on the loan. This is added to the monthly payments for the life of the loan. How they get away with these things is criminal.