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To: hoosier_RW_conspirator

"Some of the homeowners are also victims. They've unwittingly bought houses that have liens on them. Some of the homes have several liens."

The homeowner - or the title insurance company?


3 posted on 02/21/2005 2:03:48 PM PST by RobRoy (They're trying to find themselves an audience. Their deductions need applause - Peter Gabriel)
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To: RobRoy
The homeowner - or the title insurance company?

Short and sweet...the homeowner is the victim. IF they are insured with an owners title insurance policy, they may be covered against a financial loss, but that sure doesn't make them feel any less victimized.

(And if you REALLY want a bit more info on the role played by title insurance, you might check out my replies on an earlier real-estate fraud thread:
5 Accused of Selling Dozens of Houses With Fake Deeds )

6 posted on 02/21/2005 2:18:46 PM PST by hoosier_RW_conspirator ("Our inventories are steeped in capability." -- AVatian)
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