Title insurance may sometimes look like a ripoff but only so long as you don’t need it. In case you ever wondered why anyone should voluntarily fork over “so much money” for title insurance if there are “cheaper” options out there, here is what can happen if something does go wrong.
What if you bought a property only to find out that it had been foreclosed upon by robo-signers? Can the previous owner come after you and demand you turn over the deed? And will they?