Talk of The Villages Florida - View Single Post - agents commission
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Old 10-08-2012, 07:09 AM
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Kentucky Blue, I agree. There have been liens on new homes by contractors in The Villages. Probably ones the developer had a dispute with and fired or had some other bad dealings. And re-sale homes need a through check. The seller could have had tax problems, contractor problems, debt issues, mortgage payments missed, or any number of other problems. Title insurance is a low risk high reward investment. Now who pays for it is subject to the contract for sale. It can be paid by either the seller or the buyer. Or split. There is the traditional process where the buyer pays, but it does not have to be that way. It all depends on how the contract for sale is done.
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