DuffyNorth Abstract Company is an agent for one of the largest title insurance companies in the United States, First American Title Insurance Company.
When you purchase a home or any other type of real estate you should be thinking of insurance to protect your investment. You would not think of buying a house without fire insurance. Likewise you should not purchase the house or any other real estate without title insurance.
When you buy the property title to the property is passed to you by deliver y of a deed. This occurs at settlement or closing. When the deed is registered with the county Recorder of Deeds, your title to the property is established. Each county in the state keeps records of the titles, which go back for over a hundred years. Tracing the passage of title through those years establishes the chain of title and describes any recorded occurrence that affects the title. However, there are occurrences, which may affect the title outside of the record. The Title Company performs many functions at and before the settlement or closing which assures that "clear title" is passed to the purchaser and insures that title.
This form of insurance is called title insurance. The fees that are charged are fixed by state regulation; therefore, no title insurance company can charge more or less than that fixed fee. However, what one title company can offer over another is better service and expertise.
DuffyNorth Abstract Company offers superior quality service and expertise.The attorneys and staff who run the company have years of experience in all phases of title work. Our staff is educated and experienced so as to provide the service that makes your experience in this important transaction a comfortable and pleasant one. Call or e-mail our Title Officer, Karen VanArtsdalen for rates and more information. 