Hi Ellen,
I must say that while I understand what you are saying, my experience has been quite the opposite. The attorneys we work with are usually less inclined to insure over defects and are more adamant about the proper corrective action.
Now there are certain issues that are "corrected" by the passage of time and the attorneys may be correct in there assessment of the situation. However, I would say the attorneys that work as underwriting council for the underwriters are bit more liberal than the general practitioners. (I also don't mean to offend anyone). They seem to think more about the potential of loss on a title policy, than the marketability of title. The general practitioner is thinking about his client's best interest and their interest in the property.
Maybe now that refi-boom is nearing the end, we will all get on the same page again.
Good points...
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register