FAQ

I have never had a client invest the additional money to purchase title insurance, but yes, title insurance can still be purchased as an option, if you wish. The cost is $800 USD for the additional (i.e., redundant) title search and generally about $4 USD per $1,000 USD of value of the purchase price. Know that such policies will except any oddities to the chain of title, however, so an improperly documented sale from 80 years ago, as example, will be excepted by the title company.

When a property has changed hands (i.e., sold) to Gregory R. Gunter: Lifestyle Broker / Architect / M.B.A. DreamProHomesLuxury.com • email: [email protected] Int’l Office: 877.878.4141 / MX Cell: 521.415.103.4141 Page 8 multiple new Buyers since that break in the chain of title, it is highly unlikely such an exception would prove problematic, but the title company will still except it from their policy. And remember, the Notario is already legally obligated by Federal law to ensure you receive a property clear of any title issues, so the title insurance is then redundant.