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Is the lender's title insurance a one time fee 2024?
insurance
one time fee
Questioner:Oliver Brown 2023-05-08 00:07:59
The most authoritative answer in 2024
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Amelia Baker——Studied at Yale University, Lives in New Haven, CT
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.
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