Thanks for your help. Going through my first escrow package I noticed abutters relinquished their rights to a neighboring highway. Thought that was good, as I didn’t want anyone traveling through my lot. Title insurance came back and had a ton of exceptions related to lot lines and right of way. Turns out the property I was interested in also relinquished their right of way (way back in 1964) , so the lot is land locked, despite having been listed as having “legal access”. Saved me several thousand, so thank you.
I bought my house with my wife in 2000, we divorced 6 years ago and I paid off the mortgage which was in her name and had been refinanced twice. The realtor that handled the original sale is 85 and is my ex-wife's girlfriend's mother and has no records. Knight title company did the paperwork according to the 85-year-old agent, night title was sold 6 years ago and the new company has no records, nor am I finding any. Having a boundary dispute and was suggested to me that I should consult with the title insurance company as a survey would have been done ... Thank you in advance
The problem is that so many lenders are subtly convincing borrowers that a survey isn't necessary. They tell them that they can save the cost of a survey by simply signing an exception.
The problem is that if any issue comes up later on, that would have been discovered by a survey, they're not covered, since they have the exception.