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How to save on title insurance

Discounts available for both flippers and recent refis

Whether you are buying or selling a home, you will surely encounter title insurance and its seemingly exorbitant cost. Local custom usually determines whether the buyer or seller pays the title insurance premium, or if the fee is split 50-50. But sooner or later, you will pay for title insurance so it pays to understand this unique insurance. However, no matter what the custom is in your town, everything is negotiable. Purchase Bob Bruss reports online. For example, some time ago I bought a San Francisco apartment building where local custom is that the buyer pays for title insurance. But I was short of cash. So I wrote in my purchase offer, "Seller to pay for mortgage lender's and buyer's title insurance." To my pleasant surprise, the seller readily agreed, thus saving me several thousand dollars. WHY TITLE INSURANCE IS UNUSUAL. Most people understand the need for homeowners insurance. Such policies pay the injured party if the insured was negligent. Of course, th...

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