Check out this video of a gal who has never been late on her house payment yet is being foreclosed on. Pray you dont ever have to make a claim against your title insurance because the title insurance industry is one of the biggest rip-offs there is and the hell of it is you are forced to buy it just about every transaction.
In 2003, according to ALTA, the industry paid out about $662 million in claims, about 4.3% percent of the $15.7 billion taken in as premiums.
[youtube]http://www.youtube.com/watch?v=tGPm5PXLfAE&feature=channel_page[/youtube]
Tags: foreclosure, fresno, insurance, real estate, title
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