Browse Forums Home Finance Re: Title Insurance and Caveat worth it? 2Feb 17, 2015 11:33 am Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Title Insurance and Caveat worth it? 4Feb 17, 2015 12:28 pm Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Title Insurance and Caveat worth it? 9May 20, 2016 1:47 pm So what I meant in that regard is if there is a caveat or any encumbrance (mortgage to someone else etc) they would have to be removed before the bank would issue you your mortgage and settle on your purchase. Banks want "clear title", that is, nothing on there that would prohibit them from selling if they need to - except their own mortgage. Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Title Insurance and Caveat worth it? 11May 20, 2016 5:54 pm That happened to me too, conveyancer recommended Title Insurance, but wouldn't give me advice on whether I should buy it or not. I ended up going with it, what's $300 in light of my entire build cost? But I did find it a bit annoying, I felt like I was buying protection in case my conveyancer did a bad job.. Oo; Re: Title Insurance and Caveat worth it? 12May 21, 2016 12:07 pm dont worry about the caveat basically means nobody can sell the land without your approval the finance company will have lodged their own caveat until you pay the loan out title insurance is more tricky, i decided not to bother as it seems a new fad never heard of it 10 years ago Hi, I need a caveat removal that I placed on a property in Melbourne during a separation, I live in NZ and cannot get to a Post Office to verify my ID (none outside of… 0 3426 Flamingo Give me a call and I will do my best to talk you through it. For those who would like an answer, Subject to seeing your actual DA condition, I think you are… 1 4656 i would not be signing anything on the day read your contract about when builder submits final invoice generally, have to meet builder within 7 days of receiving final… 1 4985 |