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Title insurance for timeshares

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Posted: Wed Sep 01, 2010 7:09 am   Post subject: Title insurance for timeshares   When it comes to timeshares, I'd expect the cost of the unit to be $4k. Now, I'm not aware of any range of sale price when it would be worthy of me to bear title insurance with an additional $225 beyond the closing cost. What will happen when it's not purchased but there are taxes and liens against such units? _________________ Register Now to have your Insurance queries solved.	Tuliprude Guest
Posted: Fri Sep 03, 2010 12:03 pm   Post subject:    There are a few other things that you must also consider. The people from whom you're buying also need careful consideration. It would be better if you'd know them personally. Another thing that you may take into account is their 'reputation'. I guess that also counts to some extent.	roddick Senior member Joined: 05 Oct 2005 Posts: 962 143.16 Dollars($)
Posted: Sat Sep 04, 2010 1:08 pm   Post subject:    See, quite a few of the timeshares have shady titles. I'll say it depends. There are certain things to consider e.g. the property was developed by whom, where in did it get developed etc. I'll check that I have the ones with clean titles i.e. without any liens or without any problems related to spouse etc. Then only I'd decide. _________________ AmPmInsure Blog	sil Community Writer Joined: 30 Sep 2005 Posts: 483 89.47 Dollars($)
Posted: Mon Sep 06, 2010 6:50 am   Post subject:    There's one problem with the Timeshare title insurance. It's quite expensive if we compare it to it's coverage benefits. The administrative overhead seems huge when compared with the worth of coverage.	steven Senior member Joined: 02 Feb 2006 Posts: 1553 215.66 Dollars($)

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