Serving the needs of homeowners, both current and prospective, sellers, land developers, lenders, attorneys, and real estate professionals in South Central Pennsylvania.
Buchanan Settlement Services, Ltd. is locally owned and operated by Dawn Monn, a licensed Pennsylvania Title Agent, and attorney, Jeffrey S. Evans.
It is your legal right to select your own title company.
Please consider Buchanan Settlements Services, Ltd. when choosing your title company. We are dedicated to providing prompt, quality service at competitive rates.
Buchanan Settlements Services, Ltd. is well known for providing unique customer service at a competitive price. If you wish to 'shop' for the lowest title charges available, beware of being misled by quotes from title companies who fail to fully disclose all title related charges being imposed at closing (i.e., document preparation fees, fax fees, wire fees, and the like).
To obtain a complete price quotation for your specific transaction, simply contact Buchanan by phone or email, and we will promptly return your price quotation to you.
Buchanan Settlement Services, Ltd. is a full-service title agency serving the needs of homeowners, buyers, sellers, land developers, as well as attorneys, realtors, and other real estate professionals in Franklin, Fulton, Adams, and Cumberland counties. Buchanan searches titles, prepares all requested documents accurately and on time, issues binders and title policies promptly, and conducts settlements at times and locations most convenient for our customers.
At Buchanan Settlement Services, Ltd., we are constantly striving for new products and systems to make the closing process easier and faster for our customers. In short, we take an aggressive, competitive stance, and endeavor to differentiate ourselves by delivering what the customers tell us they need.
Frequently Asked Questions
What is title insurance?
For many of us, buying a home is the biggest single investment we'll ever make. Because of this, most homeowners protect their investment by purchasing insurance to cover hazards such as fire, theft, and weather damage.
But there is another hazard, which can pose an even greater risk to home ownership. Defects in the title to your property can cause you to lose part or all of the investment in your home. Fortunately, title insurance protects your investment from defects in the title.
What is a title?
A title is the foundation of property ownership. It is the owner's right to possess and use that property within certain limitations.
What kinds of problems can a title search reveal?
A title search can show a number of title defects and liens, as well as other encumbrances and restrictions. Among these are unpaid taxes, unsatisfied mortgages, judgments against the seller or prior owners, and restrictions limiting the use of the land.
Are there any problems that a title search cannot reveal?
Yes. There are some 'hidden hazards' that even the most diligent title search may never reveal. For instance, the previous owner could have incorrectly stated his marital status, resulting in a possible claim by his legal spouse.
Other 'hidden hazards' include fraud and forgery, defective deeds, mental incompetence, confusion caused by similar or identical names, and clerical errors in the records. These defects can arise after you've purchased your home and jeopardize your right to ownership.
How much does title insurance cost?
Probably a lot less than you think. Charges vary in different sections of the country, but generally the cost of title insurance is based upon your purchase price or mortgage amount. Unlike other insurance premiums, which must be paid periodically, title insurance premiums are paid one time only, when the policy is written.
How long does my coverage last?
For as long as you or your heirs retain an interest in the property.
Where can I get title insurance?
From Buchanan Settlement Services, Ltd. When choosing a title insurer, it is important that you look for a company with expertise and experience, as well as strong underwriting practice to protect you if a claim should arise.
For additional information contact us at: 717-762-1415 or 717-263-5001.