When you’re buying a home, you fork over some cash to pay for title insurance to cover your butt in case there are any existing liens on the property. But what do you do when your home ends up in foreclosure because the company that’s supposed to be providing that insurance screws up royally and then tells you not to file a claim?
Losing your co-op documents can really suck if you’re trying to refi or sell your apartment. Unlike home and condos, there is no filing of deeds with the municipal clerk. So what happens when you lose your co-op stock certificate and proprietary lease papers?