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The Money Mustache Community
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Learning, Sharing, and Teaching
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Real Estate and Landlording
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Title Insurance
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Topic: Title Insurance (Read 1345 times)
bpleshek
5 O'Clock Shadow
Posts: 80
Title Insurance
«
on:
August 12, 2016, 02:04:31 PM »
I just bought a property on auction. Do I want a standard title policy or an enhanced title policy and why?
Thanks,
Brian
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DeanW5
5 O'Clock Shadow
Posts: 26
Re: Title Insurance
«
Reply #1 on:
October 31, 2016, 09:26:18 AM »
I advise you to buy enhanced title insurance, cause it provides automatic increases so that you are covered for more than what you originally paid for the property. In turn, standard insurance policy will only pay for the original cost.
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SwordGuy
Walrus Stache
Posts: 8964
Location: Fayetteville, NC
Re: Title Insurance
«
Reply #2 on:
November 05, 2016, 05:06:31 PM »
Good to know!
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The Money Mustache Community
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Learning, Sharing, and Teaching
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Real Estate and Landlording
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Title Insurance