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to close or not?

Posted by lea on December 23, 2001 at 10:36 AM

hey pros, hope you all have a great christmas. we were the high bidder on a reg foreclosure and we're debating whether or not to do a closing for the sole purpose of getting title insurance. we feel comfortable with our research on this property as we have on others but those were tax foreclosures. with a regular foreclosure should we obtain title insurance as a precautionary measure even though we've done the title work and feel comfortable with it and if so is a closing with an attorney necessary to obtain title insurance? fyi;the house was new in '86, sold 4 times, all sales were simple and straight forward with closings. thanks


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