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Gary Sandler: Is title insurance really necessary? Gary Sandler A home is usually the largest single investment any of us will ever make. Whether purchasing with cash or financing with a mortgage, title insurance is an important part of the process. For New Mexico property buyers who finance the purchase of a property, the $120.00 or so they customarily pay for their portion of the title insurance policy seldom raises an eyebrow. On the other hand, the hundreds and sometimes thousands of dollars sellers pay to ensure that the title they’re passing on to their buyers is clean and clear not only raises eyebrows, it often raises blood pressure and in some cases a person’s ire. Whatever the situation, the answer to the question of whether title insurance is necessary is a resounding “yes”. ....