This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I just purchased my first home in Arlington, one that had only one owner over the life of the home. The home was also owned outright. When going over closing costs, I was told that the owner’s title insurance is optional. Given that this expense is upwards of $800, what is your take on buyers opting out of this?