If you need a property title search in Allentown PA, Bethlehem PA, Easton PA, Reading PA or Stroudsburg PA, then Advanced Abstract can help. They specialize in the finer details of property titles and related insurance. They provide title searched and title insurance for both residential and commercial properties to buyers in Lehigh, Northampton, and all surrounding counties. It is a good idea to get a title search done before you finalize the purchase a property.
A property title search can find out if there are nay problems with the title of a property. A real estate transaction involves a lot of money and you don’t want to find out after the fact that there is a problem with the title. There are many possible things that could impact on your right to have free use of your property. A property title search can find most of these problems, so they can be corrected before you take transfers. But there may also be skeletons in the closet that a property title search might not uncover.
These skeletons could include forged documents, the incapacity of a grantor or mortgagor, undisclosed or missing heirs, missing signatures, mistakes in recording interest, unknown or unrecorded creditors and so on. Any of these could interfere with your ownership rights. That is where title insurance comes in.
Title insurance protects your financial interests if undisclosed problems related to the title are discovered. Title insurance removes the risk related to defects in title. Basically, title insurance eliminates risks associated with real estate ownership. For example, title insurance would enable you to defend claims, would cover your legal fees and other costs, and would compensate you for any losses related to defects in title.
Advanced Abstract can help you with a property title search and related insurance in Allentown PA, Bethlehem PA, Easton PA, Reading PA or Stroudsburg PA.