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Old 10-06-2012, 01:33 PM
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Susan G Susan G is offline
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Default Owners Title Insurance at Closing
Question...I am closing on a pre-owned (2011) CYV with one owner and do not wish to take Owner's Title Ins. (line 1103 of HUD-1 Form). Conflicting info from title company rep as follows: (1) she says I "must" buy it (2) she says it is paid for by seller (3) my Loan originator (Regions) confirmed they don't require that I buy it. Is this a local "strong arm" tactic to get more money for the closing firm/atty? I do have title insurance as required to protect lender and that search came back clean.

Closing on Oct 30th...thanks for any info.