Source of Title Forums: Marketable but not insurable title

I have a case where the property is marketable but since it was purchased at Homeowner association foreclosure sale it is very difficult to find a title company wiling to insure the title for buyer who wants to finance it with traditional mortgage.

Can one be denied for title insurance even if there is no direct legal justification? Also attorneys reviewed the deal and do not see any issue with it but underwriter is concerned of possible future lawsuit that may challenge the foreclosure sale process.

Appreciate your comments.

Thanks

to post a reply: login - or - register

Re: Marketable but not insurable title - Robert Franco/OH
7/28/2015 11:18:47 AM (1625 views)
Re: Marketable but not insurable title - Michael Madden/RI
7/30/2015 8:19:46 AM (1600 views)
Re: Marketable but not insurable title - A Athari/TX
7/30/2015 9:32:33 AM (1648 views)
Re: Marketable but not insurable title - James Powell/MI
8/3/2015 9:55:11 AM (1357 views)
The story is in the foreclosure Chancery - Victoria Moate/NJ
8/17/2015 9:43:47 AM (1190 views)

[+] Meaningless - michael rafferty/VA (7 replies)
7/23/2015 4:06:26 PM (4178 views)

[+] Pricing Of Data Tree - Vaniyankuni Zree/MD (5 replies)
7/21/2015 6:17:27 PM (8661 views)

[+] TITLEONE ABSTRACT - Darren Mclaren - David Bloys/TX (4 replies)
7/20/2015 11:19:51 AM (4828 views)

[+] Comment on "Argent Title Research and Boxi Software announce a new joint venture: Rosewood Abstractors" - Source of Title/OH (1 reply)
7/20/2015 10:57:52 AM (2444 views)

[+] DON COPE - Saundra Scott/MD (19 replies)
7/19/2015 2:18:06 PM (2464 views)

[+] Stupid Client Question of the Day - 7/17/15 - Alix Ott/MI (2 replies)
7/17/2015 9:10:40 AM (2753 views)

[+] $20.00 Recorder Surcharge - edward hartung/OH (7 replies)
7/10/2015 10:52:29 AM (2698 views)

ATF Research - David Bloys/TX
7/10/2015 2:24:34 AM (3621 views)

[+] KNOWLEDGE SPLICE - KIMBERLY FALCONE/PA (2 replies)
7/8/2015 7:55:55 AM (2356 views)

[+] E&O - monthly payments? - Angie Phillips/LA (9 replies)
7/3/2015 7:53:13 PM (2721 views)

[+] v4 payment randi - SALLY BURSETH/WI (2 replies)
7/1/2015 7:40:21 PM (2318 views)

<< get older messages

get newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.

Directory

The Source of Title Business directory has 8917 listed companies.

Leave feedback on a company:
SOT ID #: learn more...