More serious concerns should be addressed directly with your lawyer. Lawyers today are duty-bound to discuss whether title insurance is appropriate for your purchase. Title insurance, though, isn't a substitute for a full title search. However, lawyers historically also had to carry out many 'off-title' searches, escalating both in number and cost in recent years. Title insurance tackles them differently, depending on the type of property involved, whether any changes were made to the structure, and the wording of the offer.
Fewer searches means lower disbursements, the savings usually exceeding the one-time premium.
With title insurance a new survey may not be needed, although additions have been built since the existing survey was drawn. Many municipal clearances and reports are waived with title insurance, cutting the processing time. Enhanced protection is provided against fraud, forgery or impersonation, and undisclosed condo liens or special assessments. Not all real estate lawyers are alike. The lawyer you entrust with your purchase must possess the experience and expertise, and provide the degree of personal involvement, to properly protect your interests.