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Eric Said:

Does the bank do a title search on the buyer or the seller when applying for a home mortgage?

We Answered:

It is done on the property, paid for bu buyer.

Ivan Said:

Previous home owner took out 2nd mortgage on home after title search ended and before Closing?

We Answered:

call your title insurance company. This is why you have insurance.

Manuel Said:

closing 2nd mortgage, how long will it take for title search to clear?

We Answered:

1 to 5 days depending on the area in which you live. Don't forget to compare title company costs if you still have time.

Raul Said:

if you refinance your mortgage with the same bank you are currently with, is a title search automatically done

We Answered:

Probably. The previous title insurance policy wouldn't cover the new loan amount.
If it is required you can probably get a 're-issue' rate on the amount of title insurance from the last policy. It's typically about a 30% discount on however much insurance you already have from the previous policy.

Kristina Said:

I own my house in IL (no mortgage) & bought it new from the builder, is a title & lien search still necessary?

We Answered:

Yes, of course. A buyer has no idea what you may have done over those 28 years, including taking home equity loans, incurring federal tax liens, or anything similar. No buyer in his correct mind would purchase without such a title search.