We search the public records of the county where the real property is located and report back to you with an abstract of the relevant records. This is also the beginning step of providing title insurance to you and your lender.
Owner’s title insurance policies ensure that the seller has proper title to convey to you as the purchaser. Purchasing an owner’s title insurance policy not only provides you with piece of mind after a purchase, the process itself results in a “tune up” of the title, where errors are often discovered and corrected before they become a problem or a source of later dispute with neighbors.
Five Points Abstract can provide you with title insurance that guarantees both the validity of your lease, and the sanctity of the title which underlies your landlord’s right to lease the premises to you in the first place.
The staff at Five Points Abstract are very experienced in implementing the most intricate of closing and escrow instructions. When attorneys need a trusted and dependable escrow agent to effect the terms of a contract of sale, they partner with Five Points Abstract to facilitate their transaction.
You can often save money by having an older survey examined in the field. Five Points Abstract attempts to locate an old survey for you, or receives one from the parties, and then sends a field examiner out to the site to verify whether any significant changes have occurred to the land. This oftentimes obviates the need for a new survey for title insurance purposes.
Whether you need to have a deed or mortgage recorded at the county clerk’s office, or you require that a judgment be indexed in a county other than that which it was originally docketed, Five Points Abstract has the practical experience needed to ensure that your documents get recorded promptly and without rejection.
An abbreviated form of title search, a “Last Owner Search”, is often useful to lenders and attorneys, in order to quickly check who the last record owner of the premises is. While this search is uninsured, and does not guarantee the ownership of the premises is as stated in the deed, it is often a favored tool of investors and lenders because of its high rate of reliability and quick turn-around time.