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Hugh Said:

Do different title companies have different rates for title insurance for the same house?

We Answered:

They are usually very close, within a few dollars. Check to see if one includes the owners policy (which the seller should pay for). You should just be paying the mortgage policy.

Tanya Said:

Which insurance companies would provide full Insurance for a salvage title?

We Answered:

Yeah, I know Farmers doesn't have a problem with Salvage Titles.

Check it out! every state is different call a Farmers Agent.

http://www.farmersagent.com/engagent.asp…

Good Luck!

Christian Said:

What can be done when a title insurance company gives wrong info on their final commitment?

We Answered:

Who says it was their error?

The title company requires satisfaction of open or unpaid mortgages or taxes. If the current quarter or yearly assessments were not ready yet, they had to work with what they had, and they didn't pull the numbers out of their butt.

Usually the assessors office or the collectors office gives a guesstimate number out if they don't know the new figures. I do closings, and so many times I have been told the latest actual quarter plus 20%. Sometimes it is enough, sometimes it isn't.

Contact them and ask if they held any escrow from the sellers proceeds for the estimated taxes. If they didn't, then either you or they should contact the seller and ask for their pro-rated portion.

Antonio Said:

Where do I file a complaint about a title insurance company?

We Answered:

LOL .. LOL ..

the title companies are owned by LAWYERS ... they are experts at screwing people. Singular .. as in ONE lawyer is dangerous ... imagine GROUPS of them conspiring to screw people legally. it is worse than crime. AND THEY ARE in bed with your judges . legal system does not work .

recover from it .. and move on .

Carla Said:

Title Insurance: When is the best time to get it?

We Answered:

Typically, the party who pays for the Owners title insurance would be the party to choose the title company.

If you have a realtor, let them handle it, they'll know when and who to open it with. If you don't, the house is for sale by owner (FSBO). Usually title companies prefer to have a contract signed when dealing with FSBO's.

You can easily call a local title/escrow company and ask if you are in a 'seller pay' area. If you are, ask what their fee is for the owners policy based on your sales price. You can then call several companies and ask for their fees to compare.

You can also ask if they would open a pre-sale order for title insurance.

If you're in a 'buyer pay' area, let the buyer and/or their realtor deal with it.

Good luck :)

Doris Said:

If you buy a home without an agent or with a discount agent, how do you shop for title insurance?

We Answered:

title insurance is cut and dry so to speak,

im going thru a large claim on mine right now,
they are really terrible to deal with.
they all have to provide the same coverage, and service as required by the state,
the fees they charge are usually state regulated also, they all charge the state regulated amount, ( like Gap insurance for a car ) its always the same for everyone.
a trip to the register of deeds will save you the money, ( I wish I would have )
if its not on the record the title insurance wont cover it anyway.

I had an easement the title insurance didnt find, and now the easement holder came in and is doing as he wishes all over our property, tearing down trees, removing a building,

It was on record at the court house, and the title insurance still dosen't want to pay.