Madeleine74
Knower of Things
- Joined
- Apr 7, 2011
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Title insurance is only needed if a mortgage is taken out on the property; if there's a cash buyer, then that hurdle doesn't exist, though there might be other hurdles to overcome.BM is going to need court issued authorization or a death certificate to sign the PSA (Purchase and Sale Agreement) and the deed to convey title. The title company won't issue a commitment of title insurance to a buyer or lender or close the sale without it.
MOO
IMO