Quote:
Originally Posted by Pturner
You could also have a harder time reselling your house if the title wasn't properly researched and insured.
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P, I'm not judging you on the above statement and this is not the first time I've read it, but I don't quite understand the reasoning behind it. We've bought and sold homes a number of times over the years and at no time did a question of our having, or any buyers having title insurance come up in the process.
When we bought there were title searches and we purchased title insurance, and that's all that mattered to us. Weither or not the sellers had bought title insurance when they bought the house was of no interest or consequence to us because it only covered them during the life of their ownership. It didn't cover any subsequent buyers. Can someone tell me if there's something I'm missing here that real estate agents and lawyers failed to inform us?
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