[Bonanza]

Originally Posted by janeg

You don't have to buy it at closing . You need to buy it if you ever sell your home.

True . . . You don't have to buy title insurance at closing. You don't have to buy it at all and you can actually buy it at any time. However, for peace of mind and protection, it's a good idea to get it when you close.

You don't wait to purchase title insurance when you sell.

During the time frame when you've owned it, there could be an old claim against the property that appears that you aren't even aware of. If you have title insurance, you are protected; otherwise you have to go through the expense and hassle of obtaining clear title for your new buyer. When your new buyer gets his title insurance, you can bet he will demand a clean title from you!