1 posted on
09/20/2010 8:08:59 AM PDT by
blam
To: blam
We bought a house earlier this year. It was not a foreclosure. The Realtor actually asked me, “do you want to do a title search and buy title insurance?” I said, “why heck yes, who the hell would buy a house without title insurance?”
His casual reply was, “oh lots of people do to save money, especially if you know the previous owner has been in the house for twenty years or more.”
Obviously I don't belong in these times.
To: blam
3 posted on
09/20/2010 8:19:12 AM PDT by
phockthis
To: blam
Every sentence, including the title, ends in a question mark. Presumably Denninger wants us to assume the answer in every case is “Yes” but with absolutely no evidence provided. I don’t care for that journalistic or analytical style.
4 posted on
09/20/2010 8:19:46 AM PDT by
babble-on
To: blam
As best I recall from the LONG list of fees associated with buying the house in the 90’s, title insurance was a tiny little number. Why would anyone NOT buy it?
8 posted on
09/20/2010 8:28:42 AM PDT by
nina0113
To: blam
The mortgages were sliced, diced and julianned in so many ways to divide up the risk and terms of interest payments that many forgot that the mortgage is an actual legal document that they needed to keep track of who still held it. I expect that many foreclosures could be stopped just by the demand that the foreclosing company produce the actual mortgage to prove that they actually held it rather than a share of the rights to the interest through some investment vehicle.
9 posted on
09/20/2010 8:32:42 AM PDT by
KarlInOhio
(Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
To: blam
Oh Oh.... Does Someone Smell Something? What's Obama cooking now?
10 posted on
09/20/2010 8:36:11 AM PDT by
al_c
(http://www.blowoutcongress.com)
To: blam
In time like these, Title Insurance is very important...........
11 posted on
09/20/2010 8:50:38 AM PDT by
Red Badger
(No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
To: blam
*sniff* *sniff*
I detect a whiff of ozone, and kitten,...
(Nah, only teasing.)
12 posted on
09/20/2010 9:01:56 AM PDT by
dangus
To: blam
Could it be that Obama ‘liened’ on them to stop foreclosing on the Dem voter base?
14 posted on
09/20/2010 9:25:59 AM PDT by
Oratam
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