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Who Needs Title Insurance and What Can Happen if You Don’t Have It

realpropertycheck.com November 4, 2010

Who Needs Title Insurance and What Can Happen if You Don’t Have It

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.

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Filed Under: Buying, Homeowners' Club, Investing Tagged With: code violations, deed, lien, lot number, notice of commencement, satisfaction of mortgage, title company, title insurance

realpropertycheck.com October 18, 2010

What If You Bought A Property Foreclosed Upon By Robo-Signers

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?

What happens next depends on your particular circumstances.

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Filed Under: Homeowners' Club, Investing, Other Stuff, The Economy Tagged With: robo-signing, title insurance

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bankruptcy building wealth in real estate commercial real estate contract for deed David Lindahl deed delinquent loans distressed properties Donald Trump double-dip Fannie Mae featured FHA financial regulation foreclosure foreclosures Frank-Dodd bill Freddie Mac HAMP HARP HOA home prices house rules keeping records lease option lien loan modifications mortgage mortgage originator no-docs loans notice of default prohibition of steering incentives real estate developers real estate investing Rent to Own REO residential robo-signing Robo Gate seller financing setting the price title insurance unsold inventory wraparound mortgage Zillow

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