What about the tens of thousands of probable cases of Perjury by the banks, mortgage companies, and their agents? Do we give them a pass?
What about the people who are paying on their mortgages who may never be able to get a clear, unencumbered Title Deed to the homes they've been paying for for decades?
Do we let the sleazeballs skate?
“What about the tens of thousands of probable cases of Perjury by the banks, mortgage companies, and their agents? Do we give them a pass”?
...absolutely not! I’m a Realtor and I gotta tell you, people are given a choice in Va to whether to purchase title insurance or not. I always suggest it but sometimes people opt out to save $900-$2000+/- and say no. That’s a real problem for them. I don’t think they deserve to lose their home, but they have made their own bed.
Also, there are several channels to go through when purchasing a home and all (at least in my experience) explain the ups and downs of home ownership. The foreclosure procedure, inspections, deeds, title, you name it.