Real estate blog entries tagged with title insurance by Wendy Rulnick, "It's Wendy... It's Sold!" (Rulnick Realty, Inc.)

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title insurance: Why You Should Get Title Insurance Even When Paying Cash in Florida - 10/24/17 01:22 PM

I recently sold a piece of property in the Point Washington, Florida area. The buyer was paying cash and was concerned that there was a clear title, which is the legal right to ownership. When you purchase a property for “cash”, you don’t have to get title insurance in Florida. This smart buyer, however, did want to insure his property. He had attempted to purchase a different parcel of land and through a title search by a professional title company, found there was mortgage that encumbered the property which was unknown to the owner, with no quick resolution to allow him to complete his purchase. For … (3 comments)

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