Buying a home? You will likely also buy title insurance to protect your investment, especially if borrowing money to buy the home. (Lenders require title insurance.) Nevertheless, title insurance is often overlooked by buyers. Going without title insurance involves some serious risk, however: Title insurance is important because it protects you and the lender in a situation where the seller or a previous owner sold the property without free and clear title.
Questions we can answer for you:
Can I buy a house with no title insurance if I pay cash and do not have a mortgage?
Should I be worried about the exceptions listed in the title report?
What fees being charged by the title company are negotiable?
Can I make the seller buy the title insurance?