Quote:
Originally Posted by suebanj
You don't have to have owners title insurance but what does the contract read. If it states that that seller is required to obtain Owners Title Insurance for you I don't know why you wouldn't take it. That way they would issue a simultaneous title policies(owners and Loan policies) and would probably be cheaper for you in the long run.
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I agree. The seller normally pays for it on a preowned house.