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 Title Problems Mount With Housing Boom
19-06-2006
You have more than a one in three chance that buying title insurance will pay off.
Technically, title insurance policies always pays off, because they come with a service that guarantees the title to the home you buy is truly free and clear.
But industry trade group, American Land Title Association says title problems are found in 36 percent of all residential real estate transactions, including new and resale home purchases and refinances -- up from 25 percent in 2000.
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