Quote:
Originally Posted by Solomon
I am curious to know if anyone actually knows of anyone collecting on title insurance in Playa del Carmen?
Does anyone have experience with that?
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A friend in California had a title problem with a purchase in California. The problem he had (and it seemed to me that all likely problems) was excluded from the insurance. The title insurance (from Stewart) turned out to be completely worthless. The friend had to resolve the issue (at his cost) without any help from Stewart. Again this is California, perhaps Stewart is better for Mexico than in the US; though I doubt it. We have never even considered Stewart title insurance for any of our properties in Mexico. Our lawyer (who is Mexican) has never brought up the issue either (and I would have probably changed lawyers if he had).