Asked by Da, Allen, TX • Wed Jan 14, 2009
I am in the process of buying from a widower and not sure what are all the things that are covered by the Title Insurance. What happens if I buy the house for $300K and title insurance covers up to $300K. And later on I put in a pool for $50K and then someone claims the property. While the title insurance should cover up to $300K, what happens to the other $50K. Ultimately, I will hire a real estate attorney but would like to get some feedback from others as well.
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