Showing posts with label deed. Show all posts
Showing posts with label deed. Show all posts

Wednesday, November 17, 2010

What is "deed insurance" and should I get it when closing on a property?

Question by maureen v: What is "deed insurance" and should I get it when closing on a property?
I am getting closer to closing on a property that has had a "complicated deed" because of many family members involved. I want to make sure everything has been thoroughly done and someone suggested "deed insurance. What is it and where do I get it?


Best answer:

Answer by Slappy_McStretchNuts
Most likely your lender will require it. It's actually called title insurance, and I've never bought a house in my entire life where it was OPTIONAL. It was always required. I think the big one in the industry is called Chicago Title. I could be wrong about that though.



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