Morris Daily Herald

Friend's E-mail:
  (maximum of 3 addresses separated by commas)
Your E-mail:
A Brief Comment (150 char max / 25 word max)

Q & A With America's Real Estate Professor: Title Insurance Foreclosure Issue

By Leonard Baron Title Insurance Foreclosure Issue Q. I am in escrow on a bank owned foreclosure and I just received the Preliminary Title Report and Schedule of Exclusions. I actually read it, which I know most people don’t, and found that one of the Exclusions from coverage is “any issues related to the foreclosure.” Isn’t protection from these types of issues the reason we buy title insurance? Mike M., Fairfax, VA A. These title insurance policy schedule of exclusion clauses related to foreclosures are newer and a result of the robo-signing scandal and foreclosures paperwork processing issues. There are many legal opinions out there, depending on the state and foreclosure process, on how an issue would be handled and who would hav

Security image:   
Note:the e-mail sent will contain information, such as your IP address (, for purposes of tracking abuse. Use of this software to spam or harass individuals can and may result in penalties punishable by law.

[x] Close Window

Copyright © 2015 Morris Daily Herald. All rights reserved.