Are they trying to pull a fast one on me? I’ve purchased one property in Washington before, and paid for the optional owner’s title insurance on my side of the balance sheet. I thought I’d opt out of it this time.
When I told the title company, they respond “The Seller purchases it for them on their behalf, it is valid for the ownership of the property”. I ask them to double check and clarify I am not paying for it. “It is customary for the Seller to purchase the policy on your behalf.”
I doubt the seller is going to pay for it, but I asked for a preliminary fee sheet to try and check their claims. Are they telling me BS so I end up paying at closing?
A little confused. Also not happy that my lender is putting the REET into my loan estimate, I feel like I’m in opposite world.