[784caroline]

YOu are saying your lawyers and real estate agents are recommending title insurance..now these are really impartial people to ask...especially the ones involved in the real estate deal who are more likely than not getting a kickback on your title insurance proceeds. Also they are not putting up the money and COvering their butts in the mean time.......not really impartial advice!!

When we bought our previous home(s) years ago, yes we bought title insurance and the seller was not picking up the tab. WE just believe the Villages property (NEW) is sold with enough protection with the "mechanics lien waiver" and the sales contract provision. The land where your home sits (new property) was pasture land and did not have alot of turnover in recent years.

It all comes down to a Personal comfort level and people should not say someone is right or wrong in making a decision to buy or not buy Title Insurance. You provide the facts, and a decision is made. Just because you decided the opposite of another person especially on the issue of Title Insurance does not make a decison right OR wrong.

Insurance rates are all based on historical trends and RISK...and If you research Title Insurance I think you will find it is one of the least paid out insurance claims in the industry. Now you have some facts......will you sleep at night or not depending if you buy or not is the question... knowing something always "could" happen but it is VERY,VERY unlikely. Buying Title Insurance simply because you were told 80% of homeowners do is not really a valid reason for buying such insurance.