Its at the foreclosure sale ("on the courthouse steps") where title insurance would not cover the buyer. If the bank took the property back at the foreclosure sale, then sold to you, you should be able to get a clear title policy, and if a problem came up, it would be between the bank and the title company. It is very important to examine the title report VERY carefully for weasel words, when you buy under these circumstances. Make sure you're covered, before you sign on the line.
If you bought from the bank without notice of the defect in title, you would generally get to keep the property (as a Bona-Fide Purchaser)- and the issue would be money damages between the wrongly foreclosed person and the bank/and or title company.
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Today's Featured Article - Tuning Up Your Tractor: The Battery - by Curtis Von Fange. Buried somewhere beneath the sheetmetal, under the gas tank, or stuffed in front of the radiator is the battery. This elusive and neglected component of the tractor is the hardest to get to when it is dead and in need of a jump. But usually, the storage battery is a storehouse of electrical energy waiting to be released a the flick of a switch. A few maintenance tips and periodic cleaning will keep it charged for the duration of its life span. The battery is made up of a number of lead bas
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