[anonfordays]

>What if the latest owner has a contractor’s lien on the house for an unpaid bill?

Not covered by title insurance.

>Or if they are beyond on their property taxes?

Specifically not covered by title insurance.

>Or going through a messy divorce?

Not covered by title insurance, nor would this scenario matter since the owners are known.

>Or get an unexpected large medical bill that finalizes as a financial judgement against them?

Not covered by title insurance.

Hope I cleared that up. Title insurance is a legalized scam with a market cap in the billions.

[Scubabear68]

None of what you state is accurate. What the title -search- will do is show you all of these cases which need to be cleared before insurance is issued.

Title insurance is not about the insurance, it’s about the scan.

[anonfordays]

>None of what you state is accurate.

Everything I stated is accurate.

>What the title -search- will do is show you all of these cases which need to be cleared before insurance is issued.

No, because title insurance doesn't cover some of those things to begin with so title insurance companies and banks issuing loans couldn't care less.

>Title insurance is not about the insurance, it’s about the scan.

Yes, the scan they farm out to small software companies that scrape public records and return an "all good" if nothing shows up. This query is usually done by a teenager or early twenty-something in a call center with zero experience, just data entry.