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Chris Hill's avatar

As someone who spent over ten years in RE and has worked in multiple states from a real estate transaction perspective - I fully attest that it Title Insurance is one of the biggest scams out. The extent you have more complicated transaction of pieces of property that involve unclear borders it can be beneficial but those cases are few are far between.

I wasn't aware of Iowa's example but one that should be echoed by other state legislatures. Lawmakers who tackled it as a one form of making housing more affordable would find receptivity and to the extent they wanted to make it even more popular they could start by focusing only single-family homes for the state insurance program and let commercial real estate continue to pay for private insurance

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Ron Hartnett's avatar

Great info. Passed it on to our U.S. Congressman, Adrian Smith.

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