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2. What is title insurance, and do homebuyers need it? - AOL

   www.aol.com/finance/title-insurance-homebuyers...

   Title insurance policies typically cost a median of 0.67 percent of the property’s sale price, according to data from Fannie Mae. The median cost in dollars is $1,901. The median cost in dollars ...

3. What is title insurance and when do homebuyers need it? - AOL

   www.aol.com/finance/title-insurance-homebuyers...

   Title insurance usually costs 0.5 percent to 1 percent of the property’s sale price. Lender’s title insurance is based on the mortgage principal amount, about $3.50 for every $1,000 of the loan.

4. Commonwealth Land Title Insurance Company - Wikipedia

   en.wikipedia.org/wiki/Commonwealth_Land_Title...

   Joshua H. Morris, a conveyancer in Philadelphia, and several colleagues met on 28 March 1876 to incorporate the first title insurance company to address the issue.The new firm, they stated, would "insure the purchasers of real estate and mortgages against losses from defective titles, liens and encumbrances," and that "through these facilities, transfer of real estate and real estate ...

5. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract. [3]

6. Title insurance - Wikipedia

   en.wikipedia.org/wiki/Title_insurance

   The first title insurance company, the Law Property Assurance and Trust Society, was formed in Pennsylvania in 1853. [1] Typically the real property interests insured are fee simple ownership or a mortgage. However, title insurance can be purchased to insure any interest in real property, including an easement, lease, or life estate.

7. What is a title search on property? - AOL

   www.aol.com/finance/title-search-property...

   A title search is mandatory for any real estate transaction that requires title insurance. This includes homes purchased with financing, as mortgage lenders require a title search in order to ...