I do not care if I buy a new house or a house, I always buy title insurance. I can not believe how many people do not buy title insurance when buying a home. The disadvantage of not having a clear picture of the house is enormous and the costs of preventing this problem is only a few hundred dollars.
If you buy borrow money from a lender to a new house, you will be asked to pay for title insurance. This is title insurance for the lender and only refers to. You have the opportunity to purchase their own title insurance at the end. In general, the cost for two or three hundred dollars. The insurance, if you choose to protect you against errors in the title. Look before closing the attorney for a title that looks for liens against the house and to ensure that the property has clear title.
» Read more: Why You Should Always Buy Title Insurance When Buying A Home