Comments on: Mining "Unknown" properties for gold http://www.foreclosuretruth.com/blog/sean/mining-unknown-properties-gold/ Thu, 02 Sep 2010 15:12:53 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: fajerwerki sklep http://www.foreclosuretruth.com/blog/sean/mining-unknown-properties-gold/#comment-3292 fajerwerki sklep Sat, 19 Dec 2009 18:04:05 +0000 http://new.www.foreclosuretruth.com/?p=684#comment-3292 awsome topic, just bookmarked your article for future referrence awsome topic, just bookmarked your article for future referrence

]]> By: Sean http://www.foreclosuretruth.com/blog/sean/mining-unknown-properties-gold/#comment-2336 Sean Sun, 26 Apr 2009 07:00:22 +0000 http://new.www.foreclosuretruth.com/?p=684#comment-2336 <p>The title companies do tend to do a good job researching these things... but they absolutely can and do make mistakes as well. If they didn't there would be no reason for the "insurance" portion of what they do. I've seen title companies pay for mistakes quite a few times.</p> <p> </p> <p>They also don't tell you everything. Their search is actually quite limited depending on the type of policy. In general it primarily looks at the ownership, liens and encumbrances.</p> The title companies do tend to do a good job researching these things… but they absolutely can and do make mistakes as well. If they didn’t there would be no reason for the “insurance” portion of what they do. I’ve seen title companies pay for mistakes quite a few times.

 

They also don’t tell you everything. Their search is actually quite limited depending on the type of policy. In general it primarily looks at the ownership, liens and encumbrances.

]]> By: arizona mortgage http://www.foreclosuretruth.com/blog/sean/mining-unknown-properties-gold/#comment-2335 arizona mortgage Sat, 25 Apr 2009 01:20:19 +0000 http://new.www.foreclosuretruth.com/?p=684#comment-2335 <p>I have spent a great deal of my career analyzing public records.  There is an unbelievable amount of errors.  Title insurance will tell you everything.</p> I have spent a great deal of my career analyzing public records.  There is an unbelievable amount of errors.  Title insurance will tell you everything.

]]> By: erh51 http://www.foreclosuretruth.com/blog/sean/mining-unknown-properties-gold/#comment-2334 erh51 Wed, 15 Apr 2009 14:20:07 +0000 http://new.www.foreclosuretruth.com/?p=684#comment-2334 <p>I have seen the errors that you're talking about and was told by a bankrupcy lawyer that anyone who is buying a home now should buy homeowners title insurance due to the large ammount of errors being generated by the foreclosure attorneys offices (paralegal do all the work, not the lawyers). It amounts to a safety net for buyers against these errors. I recommend that all my buyers get this when they buy a home.</p> I have seen the errors that you’re talking about and was told by a bankrupcy lawyer that anyone who is buying a home now should buy homeowners title insurance due to the large ammount of errors being generated by the foreclosure attorneys offices (paralegal do all the work, not the lawyers). It amounts to a safety net for buyers against these errors. I recommend that all my buyers get this when they buy a home.

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