From: avoidspam@invalid.com
Newsgroups: misc.consumers.house
Subject: Re: Question about title of property?
Date: Wed, 11 Aug 2004 15:01:34 GMT
On Wed, 11 Aug 2004 02:57:48 GMT, "Tracey"
wrote:
>
>"James Nipper" wrote in message
>news:XoudnTTwUrPy54TcRVn-sQ@comcast.com...
>>
>>
>> Your questions cannot be answered accurately without someone reading your
>> Contract that you signed to buy the house. However, here are some
>> generalities:
>>
>> The SELLER customarily orders and pays for title insurance. This can
>> vary from Contract to Contract, but that is the custom in most states.
>> Given the fact that the Seller normally provides and pays for the title
>> insurance, he/she can normally choose the title company.
>
>This apparently varies by state. I have purchased homes in CT and VT, and
>in both cases I (the purchaser) paid for the title insurance.
>
I have to add that I have purchased homes in NY, NJ and NC and in all
cases the sellers never paid for title insurance, as the purchaser I
paid for the lenders title insurance and had the option of obtaining
title insurance on my equity in the house.
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