Frequently Asked Questions About Title Searches
A title search is the investigation of a property’s history, typically done before that property is sold. The purpose is to look for any liens, encumbrances or other potential issues with the property, and only a lawyer is qualified to evaluate the legal implications that might come out of a title examination.
The law office of Murphy, Butterfield & Holland, P.C., has performed title searches and provided title insurance for many years through our own title insurance division, Susquehanna Abstract Company.
We provide answers to a few questions our professional team is often asked about title searches. For legal counsel and answers to your questions, call our office in Williamsport.
Will it cost me more if I use a lawyer for closing instead of a title company?
The price of title insurance is regulated by state law, and we typically charge a similar rate as any other title insurance company. Using our services, you have the advantage of having a lawyer review the transaction.
Do I need title insurance when buying real estate?
If you are borrowing money, the lender will require you to have title insurance.
You Can Count On Our Real Estate Team
Pennsylvania real estate regulations are an ever-changing set of laws. At Murphy, Butterfield & Holland, P.C., we stay up-to-date with these changes to ensure your real estate transactions close as smoothly as possible. Call us at 570-326-6505 or send us an email. We look forward to serving you.