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What Is A Title Insurance

Elizabeth Said:

Title Insurance when there is a wrongful foreclosure?

We Answered:

OK. Lets see. If your house is foreclosed because of unpaid taxes from a previous owner and the title company insured that they had been paid- yeah, they would help you fix that- but they would have fixed it way before the foreclosure happened.

If you are making your payment and the mortgage company forecloses on you because they think you have not made your payment, your argument would be with the mortgage company.

Maybe you are asking about mortgage insurance- that is normally much more misunderstood than title insurance,

Discuss It!