Friday, June 4, 2010

Real Estate Investing: Should You Buy Title Insurance?

Hello All:

Just a quick post to answer a question I received today. The question: " Should I but title insurance both when buying and selling a property?" You should always buy title insurance on all transactions! You should never just rely on research done by the title company, they are human and can miss something and report the title clean, and when you get ready to sell something from previous owners pops up. If you don't have that insurance -YOU are on the hook! Believe me it happens; it happened to me with the first house I purchased.

So don't forget to buy that insurance, you will be glad you did.

Be well.

James Gage