The seller of the home I am purchasing has already purchased Title Insurance costing approximately $1,500. Is it necessary for me to buy another title insurance policy for another $1400? Would you recommend it? We live in Michigan where it seems to be typical for the seller to provide title insurance. Thanks.
EDIT: It seems like the title company, the real estate company, and my mortgage broker are all in bed with eachother. So, I'm not sure if my realtor is recommending this for my protection or a kickback.
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source https://www.reddit.com/r/RealEstate/comments/ij3rm4/should_i_but_title_insurance_as_the_buyer/
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