Title defects can be costly. Our priority when issuing title insurance is to insure the Buyer’s (also our client) obtain clear and marketable title to the property they are purchasing. In a refinance transaction, we guarantee the Borrower’s Lender lien position as well as insure nothing will affect their security interest in the property. In order to do so, a thorough title examination is performed on your property. The title search/examination will reflect any outstanding liens and encumbrances, and verify an accurate legal description is of record. It also will show any restrictive covenants, easements and rights-of-ways on the property. Prior to closing, we will resolve any issues which includes any outstanding mortgages, judgments or tax liens to be sure you have clear and marketable title to your property at time of closing 

Title insurance is regulated by the Pennsylvania Insurance Department. It is important to know you are not obligated to use your real estate agent or lender’s in-house title company for title insurance. You need someone looking out for your best interest. LG Settlement Services is here to assist you with any of your real estate needs.

Construction loans require special attention when it comes to title insurance.  DO NOT BEGIN CONSTRUCTION (or move dirt or deliver stone) PRIOR TO COMPLETING YOUR CONSTRUCTION FINANCING CLOSING!!!!!  This is a key issue for the lenders who are concerned with mechanics liens and priority of their loan. In order for the Lender to provide financing and for us to provide title insurance, the lender must have first lien position.