Hamilton Abstract Company

Hamilton Abstract Company Hamilton Abstract Company. One of the Lehigh Valley's leading title insurance agencies, serving Pennsylvania since 1973. http://www.hamiltonabstract.com 207 North 19th Street Allentown, PA 18104 135 East Broad Street Bethlehem, PA 18018

Welcome to Hamilton Abstract Company. We have been serving Pennsylvania since 1973. We are one of the Lehigh Valley's leading title insurance agencies.


According to a survey, there are more than 342,000 community associations in the United States? Do you know that 21.3% of the U.S. population belongs to them?


Do you know that prior to the introduction of title insurance, buyers bore sole responsibility for ensuring the validity of the land title held by the seller? The buyer lost his investment if the title was later deemed invalid or fraudulent.


Do you know that unlike many other insurance policies, a title insurance policy requires only one premium to keep your property fully protected for as long as you own it?


Have you heard about the Charles Arthur “Pretty Boy” Floyd? Well, he was a bank robber who also burned and destroyed mortgage documents in the bank, thereby eliminating homeowners’ debts.


Someone has rightly said about Insurance, “Insurance is the only product that both the seller and buyer hope is never actually used.” So true, isn’t it?


How are condominiums protected by title insurance? They are protected by title insurance just like single-family homes. An insurance policy is issued for each condominium unit.


Do you know that title insurance has been protecting property owners since 1876? The first title insurance company was incorporated by Joshua Morris, a conveyancer in Philadelphia, and several colleagues on March 28, 1876.


Have you heard about the world’s largest treehouse? Located in Crossville, TN, his 80-foot-tall white oak treehouse has 80 rooms and 10 floors. It was built by Minister Burgess.


The aunt of Joshua Morris, the man behind the first title insurance company, was the first person to buy title insurance. The policy covered a home on North 43rd Street in Philadelphia and was valued at $1,500.


Do you know that if you are a property owner, most mortgage lenders will ask you to also have loan insurance in place to protect their investment? Contact us to know more about it!


A nice saying by President Kennedy: “There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction.” Buy title insurance today and eliminate the risk of losing your investment.


Henry Ford once said, “The best we can do is size up the chances, calculate the risks involved, estimate our ability to deal with them, and then make our plans with confidence.”


Do you know that Frederick Douglass, previously a U.S. Marshall, was the first recorder of deeds for the District of Columbia? He was appointed to this position by President James A. Garfield.


Bertolt Brecht has truly said, “You don’t need to pray to God any more when there are storms in the sky, but you do have to be insured.”


If you're building a house, it is a good idea to make sure your title insurance covers liens from sub-contractors and other trades people who have worked on it. If your general contractor doesn't pay them, they may be able to file a lien on your property.


What inspired the creation of title insurance? It was inspired by a case in 1868 where the litigant Watson v. Muirhead had lost his investment in a real estate transaction because of a prior lien on the property.


Just like other types of insurance, you are not required to purchase it from the companies recommended by lenders or real estate agents. You are free to choose your own provider.


Does title insurance insure against fire, flood, theft, or any other type of property damage or loss? No, title insurance only protects against losses from ownership problems that existed before you bought the property.


Once a Federal Housing Administration loan hits the 78 percent threshold, it is the responsibility of the homeowner to apply for refinancing to remove the mortgage insurance. Otherwise the insurance will stay on the loan as a guarantee.


Are your property lines accurate? Title insurance protects against any claims that may arise in the event of any encroachments to adjoining properties that may be discovered later.


Who is responsible for paying the title insurance premium? That depends upon the terms of the agreement. The contract for the property should clearly state who is responsible for the premium.


Unfortunately, none of us know whether we have 40 more years or just a week left to live. While we can’t help you take the guesswork out of that, we can help you ensure your loved ones are able to keep the house.


If you are just getting into the mortgage lending business, you should always require borrowers to have title insurance. Otherwise, you could risk losing all the funds you provide if a valid claim arises.


What is a title defect? A title defect is anything that can cause a title to be considered defective or invalid in some way. It is a potential threat to the ownership of the property.


Lender's title insurance protects mortgage companies from claims against the title involving legal ownership. If a dispute goes against a purchaser, the lender is reimbursed for the amount loaned.


Title searches do not usurp the need for title insurance, as they often have errors. Industry studies have found that the majority of losses paid by insurers are a direct result of errors and omissions during a title search.


The price for title insurance depends on the size of the loan and the state where the property is located. On the plus side, title insurance is not expensive and is a one-time fee.


Don't confuse title insurance with a home warranty. Home warranties provide protection against defects and problems with the home’s major appliances and systems. Title insurance protects against claims on the property from outside entities.


The purpose of title insurance is to protect the buyer and lender against damages and problems that arise due to issues surrounding the ownership and transfer of a piece of real property.


The older a property is, the more complicated the history of its ownership may be, making title insurance a valuable component of any real estate transaction.


If the previous owners of the property you're buying had work performed and shirked on paying the contractors, the tradespeople may have placed a lien on the property. Title insurance protects against these claims.


Did you know that if there are unpaid property taxes, the new owner is responsible for them once closing takes place? Title insurance protects against such surprises.


At closing, as the buyer, you will be required to show proof of title insurance if you have a mortgage. You will need to provide the name and phone number of the company issuing the policy.


Owner's title insurance protects the buyer against title claims that dispute property ownership. If an opposing claim arises and is upheld, the owner is paid in accordance with the terms of the policy.


Is the home you're buying part of an HOA? If the previous owner failed to pay association dues, you can be held responsible for them once you take possession of the property. Title insurance covers these unexpected surprises.


207 N 19th St
Allentown, PA

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00


(610) 433-6701


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