Do You Buy Title Insurance Before You Pay?
And after 6 mo of daily ardeus driving and researching you hit the jackpot and you found your lucky pre foreclosure homeowner who you are now going to help. ( By the way, if we offer so waluable help, why are the HO so resistant to accepts it? - Because they enjoy rent free for year if they are smart foreclosure living! )Ms. She and Mr. He Owners are happy with your offer and agree to take off with $20,000 cash in exchange for moving out now and deeding you the house.
Before you give them a single penny, you check the title and everithing look OK, (except that they just gave a deeds to 3 other investors who did not record it yet) so what do you DO Mr. investor, Do YOU take a deed and walk or tou still buy the title insurance (each time) to make sure that there is no surprise recording after you give your new best foriend $20K in the form of stamped cashier check "for deposite only" to by some stop payment time??? 
[ Edited by omega1 on Date 12/22/2003 ]
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