[FromLori]

And you could also end up with out a clear title due to the Banks inventing MERS.

[Huebolt]

Speaking of MERS, a post this morning mentioned that so much packaging, buying, selling, bundling, etc. was done that many foreclosures have the bank totally unable to produce the title.

The court awarded the homeowner clear title by right of possession, that being 9/10 of the law, in absence of documentation proving otherwise...

[ken5050]

Absolutely...title insurnce is much harder to get, and it will become more expensive..also, look for many title companies to fail...and not sure who/what will back their guarantees..many people are buying for cash..because they can’t get title insurance, but that’s very risky..but you can also use it as a lever to drive the price down even more...