I have been reading other blogs and it has raised some questions of my own . One I read was about title insurance . How does in cover on a cash deal ? How long is it good for ? Does the client get the some coverage as someone who has financed through a bank or mortgage company ? I ask these question for future referrence . Your comments are greatly appreciated .
Show All Comments
Sort:
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland
Title insurance is no different on a cash deal. You just don't have to cover a mortgage company.
The risks for the owner is still the same. The only difference is that the mandatory coverage for the lender isn't there. The cost is almost the same because the risk is the same.
Jun 06, 2007 02:57 AM
Hacienda Home Sales - Anaheim, CA
I would check with your title rep on the coverage for NC. They can probable explain it the best.
Jun 06, 2007 03:28 AM
Comments(2)