Frequently asked questions

We research the ownership history of a property, issue title insurance, and act as a neutral party at closing: collecting and disbursing funds, preparing the settlement statement and recording documents with the county.

Yes. Buyers and sellers can ask for the title company they prefer. Tell your agent you'd like to close with Abacus Title, or place the order yourself.

We have offices in Grand Rapids, Norton Shores and Hastings, and we close transactions across West Michigan.

Most closings take 45 minutes to an hour.

Often, yes. We arrange witness closings with an approved notary or attorney near you. Let your closer know early so the lender and underwriter can approve it.

By wire transfer or cashier's check. Always call your closer at a known number to confirm wiring instructions before you send money.

Your closer sends final figures before closing. Buyers with a loan also receive a Closing Disclosure from their lender at least three business days before closing.

The lender's policy protects only the lender. An owner's policy protects your ownership and equity for as long as you own the property.

A written promise to issue a policy once listed requirements are met. It shows the requirements to be cleared before closing and the exceptions the policy won't cover.

Your owner's policy is issued and mailed after the deed and mortgage are recorded.

File a Property Transfer Affidavit within 45 days and, if it's your primary home, a Principal Residence Exemption affidavit. See Michigan after-closing filings.