That will depend on what your mortgage company requires,
*YOU* don't want title insurance at all. You just want
the results of a title search. But if you're borrowing
money from a major corp. You probably have no choice.


So, say he buys the house for cash, with no title insurance. What
happens when a couple
years later someone shows up with a lien on the property that was
missed during the title search?
Or the spouse of the person who sold it to him shows up, saying the
property was really theirs
and the seller committed fraud, the deed that was filed wasn't real,
etc?

The buyer needs title insurance, regardless of whether they have a
mortgage or not.


That's what the title search is supposed to find.
The odds of the title search missing something that
the title insurance will actually cover are extrememly low.

That's why title insurance is profitable.