What is title insurance, and why do I need it?

Title insurance protects property owners and lenders against hidden issues with a property’s title, such as unpaid taxes, liens, or ownership disputes. It’s a one-time cost at closing that provides long-term peace of mind.

Do I need both an owner’s and a lender’s policy?

Yes. Your lender will require a lender’s policy to protect their investment, but this does not cover you as the buyer. An owner’s policy protects your ownership rights, often for as long as you own the property.

What does a title search include?

A title search reviews public records to uncover potential problems, including outstanding mortgages, tax obligations, judgments, easements, and other restrictions that could affect your property rights.

How long does the closing process take?

Most closings in Pennsylvania are completed within 30–60 days, depending on the complexity of the transaction and lender requirements. Our team works closely with all parties to keep your settlement on track.

Can Ann Street Abstract handle commercial transactions?

Absolutely. We provide full commercial title insurance and closing coordination services, backed by attorney oversight to resolve complex issues like multiple parcels, easements, or entity documentation.

What happens if an issue is found during the title search?

If we discover a lien, judgment, or other defect, our attorney-backed team works to clear the issue before closing. In many cases, we resolve the matter without delaying settlement.