PENN SUBURBAN ABSTRACT, LLC is a fully licensed insurance agency issuing title insurance and providing closing services. We issue title insurance through First American Title Insurance Company. We are an approved closing agent for most major lenders and brokers, for purchases as well as refinances. We also handle construction loan closings, cash transactions and land installment contracts.
We provide settlement services for several relocation companies as well. Our services include closing at the location of your choice. Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.
Closing (also referred to as completion or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred to the buyer.
We provide settlement services for several relocation companies as well. Our services include closing at the location of your choice. Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.
Closing (also referred to as completion or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred to the buyer.
Services
Being licensed as an agent for First American Title Insurance, and being covered by E & O Insurance, Fidelity Insurance and Surety Bond Insurance, we will be permitted to provide settlement and title services with any and all lenders.
Below is a sampling of lenders we serve.
If your lender is not listed, please send us your order and we will contact your lender.
We also close for several other credit unions, as well as community development programs, such as CRA Programs and the Pennsylvania Bond Program.
Below is a sampling of lenders we serve.
If your lender is not listed, please send us your order and we will contact your lender.
We also close for several other credit unions, as well as community development programs, such as CRA Programs and the Pennsylvania Bond Program.
I have been selling Real Estate now for over 17 years and have worked with several closing companies, but none have compared to the quality of service and the attention to detail as Penn Suburban Abstract, LLC.
Thank You for making my job so much easier knowing my buyers and sellers will be treated with care and respect!
Keep up the good work!
I have worked with Attorney Richard Milesky for over 10 years now.
In this time he has well represented our industry, my company, and the clients at the table.
Thank You for making my job so much easier knowing my buyers and sellers will be treated with care and respect!
Keep up the good work!
I have worked with Attorney Richard Milesky for over 10 years now.
In this time he has well represented our industry, my company, and the clients at the table.
When you buy a home, or any property, you expect to gain certain benefits from your ownership.
For instance, you expect to have the freedom to use the property as you like and to be free from debts or obligations against the property that were not created by you.
You also expect that you can freely sell your property or pledge it as security for a loan.
Title Insurance is intended to cover these rights.
Title is the evidence of a person's right to the ownership and possession of land.
It is possible that someone other than the purchaser has a legal right to the property.
For instance, you expect to have the freedom to use the property as you like and to be free from debts or obligations against the property that were not created by you.
You also expect that you can freely sell your property or pledge it as security for a loan.
Title Insurance is intended to cover these rights.
Title is the evidence of a person's right to the ownership and possession of land.
It is possible that someone other than the purchaser has a legal right to the property.
Title request: the title examination process begins when a sales agreement is delivered to Penn Suburban Abstract, LLC (hereinafter "Penn Suburban") which identifies the property and all the parties to the transaction.
Lender Transaction - selling agent must provide lender the contact information for Penn Suburban.
Lender will then send formal order request to Penn Suburban, which will include the lender's information and a copy of the sales agreement.
Cash transaction - selling agent must send a copy of the sales agreement to Penn Suburban to begin the process.
Lender Transaction - selling agent must provide lender the contact information for Penn Suburban.
Lender will then send formal order request to Penn Suburban, which will include the lender's information and a copy of the sales agreement.
Cash transaction - selling agent must send a copy of the sales agreement to Penn Suburban to begin the process.
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