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title insurance: A Closer Look at Title Insurance - 09/29/07 08:19 AM
“What is this charge for?”“What does owner’s title insurance insure me against and why should I buy it?”“Why am I required to purchase lender’s title insurance?”
Many a REALTOR has faced these questions and blank stares from a buyer at a settlement who notices the fees for title insurance on the HUD-1 settlement statement. The settlement table is not the place to start explaining title insurance and non-lawyers are prohibited from giving legal advice on this matter.
To avoid a surprised buyer who does not understand what it is that they are purchasing, we should educate their buyers regarding the basics … (22 comments)

 
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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

Office Phone: (703) 626-0715

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