Who Pays for Title Insurance in a Home Sale?

Title insurance protects both the buyer and the lender from potential ownership disputes or claims against the property. In a home sale, the responsibility for paying title insurance often varies. Typically, the seller covers the owner’s title insurance, which protects the buyer. The buyer, on the other hand, generally pays for the lender’s title insurance. However, these costs can be negotiated depending on the agreement between the buyer and seller.

Want to know more? Read the full Article!