We often get asked why a buyer has to order title insurance. This interview by Nick Vandekar of Long & Foster Real Estate Devon, PA with Amy Sniras of Sage Premier Settlements covers this subject and the three endorsements you see on the HUD settlement sheet.
You have a choice about ordering an owners policy, but if you have a mortgage, you will be required to order title insurance to protect the lenders position. If you have any other questions about buying a home on or around the Main Line contact us, we will be happy to help.
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