not my understanding at all... the lender requires it to protect the loan, therefore it protects the buyer alsoUnfortunately, while “title insurance” is paid for by the borrower/buyer, however it applies to the lender/seller. Not the purchaser.
Anyone buying real estate needs to obtain a separate policy, to protect their interests. Having said that, the system is so far gone that it’s doubtful the outcome would be any different.
not my understanding at all... the lender requires it to protect the loan, therefore it protects the buyer also