Upstate New York Buyers Should Purchase Owner’s Title Insurance *
Posted by Richard Herrmann on Feb 3, 2016 in Real Estate, Title Insurance | 0 comments In upstate New York many buyers do not purchase an owner title insurance policy. This seems to be a throwback to the days of how closings used to happen. Before the government basically took over the mortgage industry and required that borrowers buy mortgage title insurance, the cost of owners’ title insurance resulted in a custom of no title insurance. This happened in part because sellers gave...read more