Caveat Emptor — Surveyors to the rescue?
from The American Surveyor
According to author Wendy Lathrop, PS, CFM: If they aren't surveyors or in title or real estate practices, most people are not aware of every (or any) condition affecting the land they are buying. Many don't realize that the title insurance policy they pay for at closing isn't for them; it's for the lending institution holding their mortgage. My own highly educated husband didn't understand why we needed to pay for a second title policy until I explained it to him.
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