morgage refinance need a new title insurance?
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http://www.mortgagescanada.ca/canada_mortgage_refinancing.html
Seems you will need one for your refinancing since most title insurance only covers for the term of your mortgage.
Seems you will need one for your refinancing since most title insurance only covers for the term of your mortgage.
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Noticed that long time ago
not sure if I can change it after registered. Never bothered to try.
not sure if I can change it after registered. Never bothered to try.这个瑕疵应该会伴随您ever after了
Noticed that long time ago
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这个瑕疵应该会伴随您ever after了
随便，随便
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http://www.mtgprofessor.com/a - title insurance/questions about title insurance.htm
It protects your lawyer, your lender and you pay the premium.
It protects your lawyer, your lender and you pay the premium.
puppy888
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Thanks. both people.
When I purchased a house, I got the title insurance and 1 year term morgage. Then I got several 1 year term morgage, bank never asked me for a title insurance. Now I need another morgage again, the bank is asking for my hourse survey,but I can't find it. My lawyer told me that I can buy a new title insurance replacing it. So I am wondering if I can use the old one?
Does anyone know how and where I can get a land survey for a house?
Thanks...
When I purchased a house, I got the title insurance and 1 year term morgage. Then I got several 1 year term morgage, bank never asked me for a title insurance. Now I need another morgage again, the bank is asking for my hourse survey,but I can't find it. My lawyer told me that I can buy a new title insurance replacing it. So I am wondering if I can use the old one?
Does anyone know how and where I can get a land survey for a house?
Thanks...
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Take a look of this one,
http://www.canadianwealthbuilders.com/land-ownership/title-insurance-in-canada.html
It seems in Canada the title insurance is a bit different?
http://www.canadianwealthbuilders.com/land-ownership/title-insurance-in-canada.html
It seems in Canada the title insurance is a bit different?
FYI
the time when you bought the house, your lawyer already did all those registration for you, of course, at your cost.
If you are only doing mortgage renewal now, your bank will not ask for title insurance. But if you want to borrow more than what you priviously borrowed, the bank needs to register again...i..e there's some title insurance cost.
If you want to borrow with another lender, yes, you have either pay the title fee or you need to go through your lawyer, of course, I believe the lawyer charges you more than the title insurance does.
the time when you bought the house, your lawyer already did all those registration for you, of course, at your cost.
If you are only doing mortgage renewal now, your bank will not ask for title insurance. But if you want to borrow more than what you priviously borrowed, the bank needs to register again...i..e there's some title insurance cost.
If you want to borrow with another lender, yes, you have either pay the title fee or you need to go through your lawyer, of course, I believe the lawyer charges you more than the title insurance does.
