Title Insurance - Where Does Your Dollar Go?

chow · Posted: Sun Jan 23, 2005 11:57 am Post subject:

If you ever need to do a title search due to a clouded title issue, you will need to go through various steps. Would you folks like me to tell you how to do an abstract search, and what is involved? That way you know why the costs are so expensive. (This is how I started on this business)

WilliamTygart · Joined: 21 Jan 2005 Posts: 33 Location: Pacific NW

I would, can you make a seperate post with a title? Would be a good topic.

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

Yes, that would be great, chow!
Thanks. :D

chow · Posted: Mon Jan 24, 2005 6:39 pm Post subject:

okay, give me a few hours, maybe even a day or two? I'm having loans play Lazarus today. (I guess that's a good thing?)

Jenie0109 · Joined: 27 Jan 2009 Posts: 307 Location: chicago IL

Thanks a lot for the tips!

Roger_Silvester · Joined: 29 Jun 2009 Posts: 51

The cost of title insurance on a piece of property is very small when compared with the benefit and security it provides. It is a great value for the coverage you receive. And, unlike other forms of insurance, there are no annual premiums to keep the policy in force-you pay only one time when you purchase the property.

Title insurance is a unique form of insurance. It provides coverage for future claims or future losses due to title defects which are created by some past event. These risks are far less obvious then those protected against by automobile insurance, but can be just as devastating.