Buying More Than Title Insurance: 3 Factors to Consider
When you’re making the biggest investment of your life, it’s a good idea to protect both you and the property you’re buying.
Buying real estate isn’t always a transparent transaction, as much as all parties concerned are committed to that end.
That’s why the one-time purchase of title insurance is important. Lenders require the buyer to pay for their title insurance coverage, so that should tell you how important it is.
But lenders don’t require buyers to buy their own coverage. That decision is squarely on your shoulders.
Buying real estate isn’t always a transparent transaction, as much as all parties concerned are committed to that end.
That’s why the one-time purchase of title insurance is important. Lenders require the buyer to pay for their title insurance coverage, so that should tell you how important it is.
But lenders don’t require buyers to buy their own coverage. That decision is squarely on your shoulders.
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