Question 1

What is title insurance and why do I need it?

Accepted Answer

Title insurance protects you against financial loss due to title defects, liens, or other similar issues, claims of ownership by other parties, and losses from problems that arose before you bought the property. Lenders will require a lender policy which protects their investment, and an owner's policy will protect your investment.

Question 2

Who chooses the title company?

Accepted Answer

It is common for your realtor to choose or suggest a title company to close your transaction. Title companies build relationships with realtors and they will choose one they feel they can trust and depend on to close the transaction smoothly in a timely manner. However, you do have the right to choose the title company; simply let your real estate professional know that you prefer to close with Permian Abstract.

Question 3

Why choose Permian Abstract Company?

Accepted Answer

Permian Abstract has been insuring residential and commercial properties in Midland since

Question 4

How does Permian Abstract ensure a timely and efficient closing?

Accepted Answer

Permian Abstract works closely with local realtors and lenders to clear any issues that may arise before the closing date in order to assure a timely and efficient closing. Their in-house licensed attorneys examine titles, ensuring a smooth and hassle-free transaction.

Permian Abstract Co

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Frequently Asked Questions about Permian Abstract Co

What is title insurance and why do I need it?

Who chooses the title company?

Why choose Permian Abstract Company?

How does Permian Abstract ensure a timely and efficient closing?

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