What is title insurance and why is it needed?

 Title insurance safeguards homeowners and lenders by offering protection against claims of property ownership, including coverage for prior owner liens, judgments, and more. 

Without Title insurance, uncleared prior owner matters become your responsibility in left unaddressed. Emphasizing its significance, Title insurance shields you and your lender from such claims. 

Rates vary based on the policy amount, with distinctions for sales (purchase) and non-sales (refinances). This one-time fee provides lasting protection for as long as you own the property.  Please reach out to us for a quote.

First City Abstract Agency, Inc., located in Philadelphia, PA is a comprehensive title insurance company serving Philadelphia and the surrounding Counties. Recognized as a top-producing agent for First American Title Insurance Company in PA for 2021, 2022, and 2023, we eagerly anticipate further growth while consistently delivering superior service for both residential and commercial requirements.

 With over 30 years of industry experience, our unwavering commitment is to provide efficient and high-quality service to our valued customers.

 At First City, we take pride in our ongoing education efforts to stay up to date of the everchanging industry. 

Operating independently of any affiliations with real estate firms, agencies, or attorneys ensures a conflict-free service.

 Our closings are exclusively handled by First City staff members, guaranteeing a personalized connection with someone familiar with your transaction. Whether you're a first-time homebuyer, investing in property, or refinancing, count on us to assist you every step of the way!