In real estate, knowledge is power and nothing gives it to you more certainly than an abstract of title. Whether you’re purchasing your dream house, selling property, or refinancing a property, a new abstract of title is not just useful but it’s essential. A clear, accurate title history will close the deal, keep judicial surprises at bay, and give everyone peace of mind.
Here at Abstracts of McIntosh County, Inc., we’re proud to create new abstracts of title that ensure your property transactions are founded on good, proven legal ground. But what exactly is a new abstract of title, and why is it important? Let’s take a closer look.
A new abstract of title is a fresh summary of a property’s legal background. It contrasts with a continuation abstract, which picks up where an already existing title record leaves off. A new abstract starts from the beginning, typically tracing ownership and legal activity from the initial government land patent to the current time.
A professional abstractor does this. They investigate county public records to produce a comprehensive timeline of the property’s law history.
Before a sale can be made of a property, it will be verified that the seller owns the property clearly and is able to sell it. A new abstract indicates any issues with the title—such as back taxes, estranged relatives, or unsettled debts—that may be problematic or void the sale. Without a whole abstract, you can unwittingly inherit someone else’s financial or legal problems.
Lenders usually require a full title abstract before they will fund a mortgage. Why? Because they want to know that the property is not in risk of being lost due to a lawsuit or ownership dispute. Buyers also benefit by knowing they are making a sound investment. A new abstract ensures that both parties are protected from any unexpected claims or title issues.
The abstract of title is the primary reference for title insurance companies when issuing policies. If a new abstract is not obtainable or is incomplete, the insurers may refuse cover or increase premiums based on higher risk. A well-crafted abstract creates insurance companies confident enough to support your deal.
Missing or outdated title records can result in last-minute holds that bring closings to a halt or kill deals altogether. An up-to-date abstract prepared in advance ensures that potential issues are discovered and addressed early on. If you’re thinking about buying or selling property, having a new abstract earlier can help keep the transaction momentum going.
It is not rare to encounter errors in previous title records, such as misspelt names, incorrect parcel descriptions, or omitted signatures. A new abstract assists in locating and correcting these errors before they cause legal problems. A professional and updated abstract safeguards your money and your legal rights as a property owner.
If the original abstract is non-existent, is lost, or was never created, then having a new one made is your only option. Not having it will create monumental issues—potentially triggering lawsuits down the road. A new beginning with a new abstract guarantees that everything is legal and transparent.
Continuation abstracts are suitable for properly recorded properties with up-to-date, current account records, but certain situations usually require an original abstract:
Here, a new abstract provides a distinct and credible picture of the title—something buyers and legal experts rely on.
At Abstracts of McIntosh County, Inc., we don’t just create documents—we build confidence. Our staff has decades of experience in conducting title research and issuing new abstracts for single-family residential homes, farms, businesses, and vacant land in our area.
Real estate transactions are one of the largest financial deals you’ll ever make. Why gamble with old or incomplete data? A new abstract of title provides you—and everyone else involved—peace of mind that the property is legally secure and the deal is on solid ground.
Whether you’re purchasing, selling, refinancing, or settling an estate, the title must be clean. And it all starts with a reliable abstract.
Don’t let a title issue slow down your deal or lead to costly legal headaches. Call Abstracts of McIntosh County, Inc. today to order your new abstract of title. Our experienced staff is ready to deliver accurate, prompt, and reliable title research that safeguards your interests from start to finish.
Call us at (701) 288-3997 or email us (mcintoshabstract@drtel.net), or stop by our office to find out more about our services and how we can assist your next transaction.