A title company granted us title insurance on a construction loan we made on lots with no access.?

We made this loan based on information from a loan broker we had worked with for several years. The title company used a map that was out of date. Since the time of the map, a boulevard had been expanded into an expressway, which truncated the lots in question and eliminated any access to the lots. Visit Google Earth, 664 1st street, Richmond, CA for an aerial view. We think we have a legitimate claim against the title company, but don't know the best way to proceed. Any suggestions?A title company granted us title insurance on a construction loan we made on lots with no access.?
I disagree with your contentions on the title insurer. The title firm insures clear and equitable title to the property. There are no guarantees in such a title that there is access to the property. There is landlocked property all over the place which has 'clear and equitable title'. I'm guessing that you bought these properties sight unseen yourself, and were salivating at a low price. Then snapped up what you thought was a bargain, to find that you bought a real pig.



Contact an attorney if you think you have any possible redress.A title company granted us title insurance on a construction loan we made on lots with no access.?
You need to have a consultation with a Real Estate Attorney.



Best wishes and good luck.