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To: matt1234
Lesson: before you buy, read the title report and all the documents listed in the title report. Consider buying extended title insurance. If the title company overlooked something that costs you, you can make a claim.

This sounds like good advice, but I can't picture exactly what comprises the "somethings" an owner could claim for. Could you give a couple of examples? I'd appreciate it, since like many people, I can't wait to be able to move to a red state.

104 posted on 02/15/2015 11:22:20 AM PST by Albion Wilde (It is better to offend a human being than to offend God.)
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To: Albion Wilde

An.existing utility easement which was legally recorded but is not shown on the property plat is one example. The associated costs could range from nothing, to having to relocate driveways and/or buildings.


117 posted on 02/15/2015 11:42:16 AM PST by WayneS (Don't blame me, I voted for Kodos.)
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To: Albion Wilde

I recommend you obtain advice from professional sources, which is always preferable. The title report should list things like HOA agreements, easements, known encroachments, leins, unpaid taxes, etc.


121 posted on 02/15/2015 11:47:58 AM PST by matt1234 (Slay the beast.)
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