Home Builder Austin

I bought a home brand new from builder 4 years ago & didnt buy title insurance. Can I buy it now? How?

Can someone take a home from me that no one else lived in? What should I do if they can?

Public Comments

1. I didn't know it was possible to buy without title insurance - unless you paid cash. Most lenders require it as a loan condition.
2. Find your closing documents and contact the company that closed this transaction. The builder should have had a clear title. Call the better business bureau! and NEVER EVER spend that much money without protection again. If you insure it so that it is covered if it burns down shouldn't you cover it so that you will always own it-no matter what? I know the answer you had no one to explain what it meant! So that means the builder protected his own interest, don't you think? Call a title company now and ask their attorney to look into this for you. You need a REAL ESTATE Attorney to help about now! Where was the REALTOR in this transaction-oh never mind I know the answer! Must have been missing! We know better! Good luck-I am sorry for your troubles just mad- that it didn't have to happen. The builder got to keep the money that woud have been shared with a REALTOR, you got the shaft.
3. This doesn't sound possible. You should research your purchase. I think you'll find that title insurance was purchased. No lender I know will loan money without it. The home can be taken by anyone showing legal documents showing rightful purchase. An attorney is the obvious recourse.
4. You can not buy title insurance in hindsight. I think it is highly unlikely, unless you paid cash, that you could purchase the home without title insurance, a lender would require it. If you do not have clear title, it is possible for someone to take the home, even if no one else has lived there. If someone is exercising a right on title to this property, you need a real estate attorney immediately.
5. I do not think you can, but you can refinance for free and add it on then... just a thought. contact a local real estate attorney. they will tell you exactly how do go about it! Hope this helps! Scott Rinehart www.wantthebestrate.com