Posted on March 30, 2019 in Real Estate
Will I Have To Pay For Title Insurance Every Month?
FAQ’s With Roy Oppenheim
Full Transcript: One of the questions is, will I have to pay for title insurance every month? That’s assuming, of course, that you’re a buyer and that’s also assuming that you’re in a state where the buyer pays for title insurance. In many states, the seller pays for title insurance. Even in Florida, in some counties the seller pays, in some counties the buyer pays. And in other states, the seller always pays.
So, it really has to do with convention and what’s typically considered customary for a particular location. But in answer to the question, title insurance is not something that you pay every month. It’s something that you pay once. You pay it at closing, whether the buyer or seller pays it. And you do not pay anything ever again after that.
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Watch Video: Will I Have To Pay For Title Insurance Every Month? https://www.youtube.com/watch?v=ceoxa0qP9lk
Original Source: https://westontitle.com/weston-title-news/will-i-have-to-pay-for-title-insurance-every-month/
Weston Title & Escrow is a trusted South Florida title company, serving Broward, Miami-Dade and Palm Beach Counties as well as the entire State of Florida since 1994.
Owned and operated by attorneys Roy Oppenheim and Ellen Pilelsky, the founding partners of Oppenheim Law, Weston Title provides highly personalized services in the areas of real estate closings, title insurance, title searches and escrow services.
Weston Title & Escrow | Attorney Owned And Operated Title Company
2500 Weston Rd #404
Fort Lauderdale, FL 33331