Talk of The Villages Florida - View Single Post - Owners Title Insurance - to buy or not to buy
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Old 07-15-2014, 02:42 PM
784caroline 784caroline is offline
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Quote:
Originally Posted by MikeV View Post
Look closely at your closing estimate. If you do not buy the owners title insurance there may be a charge for you to pay for the lenders title insurance. Once we saw the difference between what we would pay for just the lenders and what we would pay for the buyers we went with the buyers title insurance.
QUESTION: Is the lenders title insurance only for the value of the loan or for the price you paid for the property??