Below is a list of services provided by Crossroads Abstract.
Title Insurance Services:
FEE POLICY – Also known as an “Owner’s Policy”, it insures the owner of real estate against loss occasioned by defects in, liens against or lack of marketability of the owner’s title.
MORTGAGEE POLICY – Sometimes referred to as a “Loan Policy” or a “Mortgage Policy”, it insures a lender making a loan secured by a mortgage against loss occasioned by the impairment or invalidity of the lien of mortgage or by reason of defects in, superior liens on or un-marketability of the title to the land.
LEASEHOLD POLICY – Insures either the owner of a leasehold estate or a lender making a loan secured by a mortgage on the leasehold estate with respect to the title to the subject property.
Title Searching Services:
FULL SEARCH – Begins with the deed or deeds 60 years back to the first occurrence of a Warranty Deed and a continuance of the title to date.
ABSTRACT REDATE – Begins with the ending date of an existing abstract and brings it to the present. The length of a redate is determined solely by the ending date of the last continuation of the existing abstract.
STUB SEARCH/LAST OWNER SEARCH – Begins with an arbitrary date or designated instrument and ends with a subsequent date.
GUARANTEED TAX SEARCH – A search of all local taxes of record which are levied against a subject property.
BANKRUPTCY SEARCH – A search of the Federal bankruptcy records against any party having an interest in the subject property.
FRANCHISE TAX SEARCH – A search of the New York State franchise tax records against any corporate party having an interest in the subject property.
JUDGMENT SEARCH – A search of the judgment books against all individuals and corporations in the chain of title to the subject property.
UCC SEARCH – A search of the Uniform Commercial Code Financing Statements filed against designated real and/or personal property.
FORECLOSURE CERTIFICATE – Issued to a foreclosing lender or governmental agency, this certificate identifies all necessary instruments of record against the current owner.
To order a refinance title insurance report or any other kind of search, click here.
To order a pick up of an abstract or a closing, click here.