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Is the typical cost of title insurance affected by bad/unmarketable title?

Posted on: 12th Jul, 2009 04:00 am
Is the typical cost of title insurance affected by bad/unmarketable title?
Avoid to show any interest in any bad or unmarketable property.

Lenders go for title search to verify who the actual property-owners are and whether the property is free of liens. The title search company then issues a title insurance which protects the title of the property against any unpaid mortgages and judgments. In case a claim is made against the property, the title insurance provides legal protection and pays for court fees and related costs.
Posted on: 12th Jul, 2009 07:42 am
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