I agree Shannon. I guess I am a little "old school", but I think if title insurance is being issued, which insures marketability of title, a full search should be done. How else can you be sure you have marketable title? I don't think it should matter if it is a loan policy or not.
What really bothers me is when I see a settlement statement that shows a $250 exam fee when I only did a $45 current owner. Why should the agent pocket the difference? If they aren't going to give the consumer a discount for a "short search", I think we should be entitled to the same fee, too.
Not going to happen, I know, just wishful thinking.
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register