2 ms·
To my understanding this is why title insurance exists (and, indeed, is why it's required in many cases). The lien will still exist but nominally you can make
by hughesjj 2y ago
To my understanding this is why title insurance exists (and, indeed, is why it's required in many cases). The lien will still exist but nominally you can make a claim against your title insurer to recoup your loss.
That said, insurance isn't always the easiest to get a disbursement from, especially if you don't have the money for a good lawyer, or if ownership of your most valuable assest is the thing in question.
- pstrateman 2y agoTitle insurance is great... if you're buying a property, but not for monitoring the liens registered against it once you own it.