Title Policies (by JD [CA]) Mar 27, 2008 5:16 PM|
Title Policies (by tyler [NC]) Mar 27, 2008 6:14 PM
Title Policies (by JD [CA]) Mar 27, 2008 7:53 PM
Title Policies (by Mike45 [NV]) Mar 27, 2008 9:44 PM
Title Policies (by Smokowna [MD]) Mar 28, 2008 4:01 AM
Title Policies (by JD [CA]) Posted on: Mar 27, 2008 5:16 PM
State Specific Question About: ARKANSAS (AR)
I've noticed that when you get a title policy a lot of the title CO's don't ever send them to you unless you request it. Do you guys experience the same thing?
If you have purchased a house and got a title policy and then refi'ed the house and got another title policy is the first one you got null and void? The new title policy would cover all liens prior so the first one is void correct?
Title Policies (by tyler [NC]) Posted on: Mar 27, 2008 6:14 PM
you need to follow up between 30-60 days after a close with your title insurer to check status of policy..., its good insurance to have on hand.
When you buy a house with a mortgage loan..., you are actually paying for two title insurance policies: one for your owner policy (insures you the buyer/owner) and one mortgage title policy (insures the funding lender)....when you go to refinance.., you are just buying new mortgage title policy insurance that insures the new lender (for the refinance)...your old policy (keep on hand) still insures you and your old original lender for any challanges to title and chain of title..., the new policy will only insure the new refinancing lender....
go read your policie's.., it will break it our owner vs. mortgage policy...
if you have any questions go to alta..., and a www and org were appropiate...go to consumer section and they can help with all title issues/questions. --75.181.xxx.xxx
Title Policies (by JD [CA]) Posted on: Mar 27, 2008 7:53 PM
Got it thank you.
Title Policies (by Mike45 [NV]) Posted on: Mar 27, 2008 9:44 PM
For the re-fi, call the original title company and ask if they have a discount. Depending on how long it has been, they might issue a much cheaper policy, since it is only an update.
Title Policies (by Smokowna [MD]) Posted on: Mar 28, 2008 4:01 AM
For a time, those discounted rates were higher because business was so good for those folks --72.66.xx.xx