ABSTRACT OF TITLE:
The abstract of title is the legal history of the land which contains information obtained from the county land records and placed in chronological order, in an approved form in order that an attorney can render an opinion as to the marketability of title.
Title insurance policies and coverages which are standardized by the American Land Title Association (ALTA) are routinely ordered on sale and loan transactions. A one-time premium is paid at the time of closing and the policy remains in effect until the property is sold or the loan is paid off.
AGENCY CLOSING SERVICES:
These are escrows on residential, commercial and agricultural transactions conducted by a highly experienced H. B. Wilkinson Title Co. staff pursuant to a blanket escrow agreement with a particular lender. Closings are available at H. B. Wilkinson Title Co. offices or at outside locations.
CONSTRUCTION LOAN ESCROWS:
H.B. Wilkinson Title Company provides disbursement services, mechanics lien waiver examination and interim mechanics lien certification for both owner and lender in connection with new construction projects. Services also provide for review of subdivision plats and a compliance review of condominium documentation. Individual site and multi-lot subdivisions for builders and developers are also handled.
OWNERSHIP AND LIEN SEARCHES:
This is generally a search from the time the current owner took title to a present date. It will include any encumbrances, liens or judgments on the property of current owner.
H. B. Wilkinson Title Company has the capability to service your flood certification requirements with fast and efficient 24 hour service within the continental United States, through First American Flood Data Services, Inc., the largest provider of flood zone determination and tracking services.