Is the lender's title insurance a one time fee 2024?
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Studied at the University of British Columbia, Lives in Vancouver, Canada.
Unlike most insurance policies, you pay just a one-time fee and your property is covered for as long as you or your heirs own it. If you are taking out a loan to buy your home, the lender will require you to purchase lender's title insurance to cover its investment. ... But that doesn't mean you're paying them for nothing.
2023-05-15 00:07:59
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Ethan Ross
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Unlike most insurance policies, you pay just a one-time fee and your property is covered for as long as you or your heirs own it. If you are taking out a loan to buy your home, the lender will require you to purchase lender's title insurance to cover its investment. ... But that doesn't mean you're paying them for nothing.