Services Provided as a Pennsylvania Title Company
When you deal with Associated Abstract you are assured that your transaction will be handled by a competent, courteous and knowledgeable title insurance agent with decades of experience. The following is a list of some of the services we provide:
- Title Insurance – Standard and Enhanced
- Preparation of Estimated Closing Costs
- Tax Assessment Information
- Complete Closing Services
- Notary Services
- Short Sale Closings
- 1031 Exchange Closings
- Construction Loan Closings
- Title Examination
- Judgment and Lien Searches
- Disbursement of Settlement Funds
- e-Recording Services
- Rush Services/Quick Turnaround
- Quick Return of Loan Documents
- Quick Return of Recorded Documents and Title Policies
FAQs
Although title to your property may appear to be free and clear following the title search, there may be hidden defects that can surface in the future. For instance, there may be a forged deed in the chain of title or a secret marriage, an undisclosed heir or an invalid divorce. In any of these situations there may be one or more persons who have a claim against your title. These are the kinds of things your title company would be required to defend on your behalf.
The title insurance premium is a one-time premium paid at settlement when you purchase the property. Typically, there is a policy issued to the owner and one to the lender, if any. If you are borrowing money from a bank or mortgage company, the lender will require you to purchase title insurance to cover the loan amount. The owner is protected for the entire time he is in title to the property. Should a claim arise during that time period, the title insurance company would be responsible for settling same, if it is not specifically excluded from the insurance, including payment of legal fees.
As you can see, title insurance is something you cannot afford to be without. Although the title search may show title is free and clear, others may have a legitimate claim against your home in the future. Protect your investment with title insurance.
In addition, the title company makes sure that all real estate taxes and water and sewer bills are paid in full. Any open items will be paid at closing.
All documents necessary for transfer of title and financing are prepared and/or reviewed by the title company. A Closing Disclosure, ALTA Settlement Statement or HUD-I Settlement Statement is prepared for settlement.
Closings are scheduled for the convenience of the buyers and sellers and are held either in our office or an alternate location requested by the parties involved. All settlement statements, documents and checks are prepared prior to closing to minimize the amount of time at the closing table.
We are here to serve all of your title insurance and closing needs. Please feel free to call us with any questions or problems that may arise throughout the transaction. Our goal is to make your transaction as smooth and problem-free as possible.
Associated Abstract Services is a Pennsylvania Title Insurance Agency. We have been offering a full range of real estate and title insurance products throughout Pennsylvania since 1983. We specialize in residential purchases, refinances, and commercial transactions.
The company is based at 4101 W Tilghman Street in Allentown, PA with additional settlement service locations throughout the Lehigh Valley and Bucks County.
Visit us at 4101 W Tilghman Street between Wegman’s and Rt 309 and just a short ride to Rt 22.
A PROFESSIONAL AGENCY WITH PERSONAL SERVICE
Associated Abstract Services is managed by one of the most respected and experienced title agents in the area , who has gained a reputation for her vast knowledge of real estate and title insurance.
Lynn has been with Associated Abstract since 1984. She has worked in every capacity of title insurance with the company. She has been handling closings for over 30 years. Lynn is a member of the Pennsylvania Land Title Association and has completed the title insurance courses. She also holds a Pennsylvania Real Estate License.