Title Services by Lake Abstract
Title Insurance for Pennsylvania & New Jersey Real Estate
Lake Abstract Company is a full-service title insurance company serving buyers, sellers, and lenders throughout Pennsylvania and New Jersey. Our team has deep roots and extensive experience in these areas, and we make the title process seamless and stress-free. Whether you are purchasing a new home, refinancing your home, or investment property, we are here to assist with all your settlement needs. Our clients count on us for high-volume residential closings and complex commercial deals alike.
Why Title Insurance Matters
A home is probably the single largest investment that you will make in your life. Since you insure everything else that’s valuable to you—including your life, health, and car—it only makes sense to protect your property ownership.
Every year, a majority of homebuyers in America elect to safeguard their future by purchasing owner’s title insurance. At Lake Abstract, we conduct exhaustive public record searches to uncover hidden defects, unpaid liens, or ownership disputes before you reach the closing table, ensuring your peace of mind lasts long after you get the keys.
Lender’s vs. Owner’s Title Insurance
It is important to understand that if you take out a mortgage, your lender will require you to purchase a Lender’s Title Insurance policy. However, that policy only protects the bank's investment, not yours. As the loan gets paid down, the lender's coverage decreases.
An Owner’s Title Insurance policy is optional but highly recommended. It requires a one-time premium paid at closing, and it protects your equity and ownership rights for as long as you or your estate owns the property.
How much does title insurance cost?
The cost for a title insurance policy is state-regulated and typically in the range of 0.5% of the purchase price of the property or the loan amount for a refinance. The original premium payment is the only one ever required; there are no renewal premiums. Moreover, the policy protects your interest throughout the entire period of ownership and has no specified expiration date.
Our Promise
To deliver smooth, transparent, and secure real estate transactions through clear communication and meticulous attention to detail. We don't just close deals; we protect your investments and build lasting relationships.
What Lake Abstract Offers
We handle the full range of title needs for residential and commercial clients, including:
- Residential purchase. Owner’s title policies for homebuyers, protecting your investment from the moment you close.
- Refinancing. Lender’s title policies and title searches for homeowners refinancing their mortgages.
- Commercial transactions. Routine and specialized title services for commercial, industrial, and investment properties.
- Accommodation Document Preparation. Prepare accommodation documents when ownership needs updating.
- Seller Side Conveyancing. Work alongside the buyer’s title company to review the title commitment, clear all liens, judgments & mortgages by ordering payoffs and/or satisfactions, and order tax, water, and sewer certifications.
Contact us online or call our office today for a personalized pricing quote!
Meet Your Title Agent
Jennifer Lydic
With over two decades of experience in the title insurance industry, Jennifer has built a career defined by operational excellence, high-stakes financial transactions, and a deep-seated commitment to client success. As a licensed Title Agent in both Pennsylvania and New Jersey, she leads the team at Lake Abstract Co. in redefining industry standards through transparency, advanced technology, and a proactive approach to risk management.
Jennifer specializes in navigating the complexities of commercial real estate and land development, providing expert guidance on land acquisition and intricate procurement processes. Her background allows her to lead teams efficiently, ensuring that every transaction—no matter how complex—remains compliant with state and underwriter guidelines while meeting the rigorous demands of investors and lenders
Frequently Asked Questions
When should I order title insurance?
Title work is typically ordered early in the transaction so any issues can be identified and addressed before closing. Starting the process as soon as the contract is signed or loan application, for refinances, is approved, can help avoid delays and give everyone more time to resolve any title concerns.
Who has the right to choose the title company for the transaction?
In both Pennsylvania and New Jersey, the buyer has the right to choose the title company. For a purchase, that choice is usually identified in the agreement of sale. For a refinance, the borrower’s choice is generally provided to the lender as part of the loan process. If you are unsure who will handle the title work, your lender, real estate agent, or title professional can help clarify the next steps.
Do I need a survey to buy or refinance a property?
Not every transaction requires a survey, but some lenders, property types, or title requirements may make one necessary. A survey can help confirm boundary lines, easements, encroachments, and improvements on the property. If a survey is needed, your lender or title professional will let you know.
What should I bring to closing?
You need to bring a valid government issued photo ID, any funds required for closing in the form of a certified check or wire payable to Lake Abstract Co., and any documents your lender or title professional has asked you to provide. Before closing, you should receive a Settlement Notice confirming the date, time, and place of closing and what is needed so there are no last-minute surprises.
Contact us online or call our office today for a personalized pricing quote!
Request a Consultation
Speak with one of our expert agents. Tell us all about your title insurance or real estate transfer needs and we'll see how we can help you move forward. Contact us or give us a call at (215) 750-1278 today.
Office Address:
680 Middletown Boulevard #200, Langhorne, PA 19047
Fax Number:
215-750-4385