Bankers Settlement & Abstract, Inc.
Our in-house settlement company provides settlement and title-related services to lenders, individual purchasers, sellers, and national title insurance companies to handle the transfer or refinance of both residential and commercial real estate.
Whether you are purchasing a residential or commercial property, you must ensure that the title is free from liens and encumbrances – that is, the title is free and clear. From the initial title search to final closing, Bankers Settlement & Abstract, Inc. is committed to making your real estate transaction a fast and stress-free process. We put the latest technology to work in order to streamline your closing process, improve turnaround time, and increase accuracy. We are licensed title agents for Fidelity National Title Insurance Company and Stewart Title Guaranty Company.
Bankers Settlement and Abstract, Inc. provides many
real estate related services including:
- Escrow Services
- Complete settlement services
- Document preparation
- Document recording
- Title examinations
- Title insurance
- Clear title exceptions
- Zoning reports
- 1031 exchanges
Wire Fraud Warning
PLEASE BE AWARE – WIRE FRAUD IS ON THE RISE! Cyber criminals are hacking email accounts and sending emails with fake wire instructions. Never wire money without double checking the wire instructions are correct. You should always independently confirm wire instructions via phone call to a trusted and verified phone number.
If you have an escrow or closing transaction with us and you receive an email containing Wire Transfer Instructions, DO NOT RESPOND TO OR USE THE CONTACT INFORMATION PROVIDED IN THE EMAIL! Instead, please contact our office, using previously established contact information, to verify the information prior to sending funds. We are not responsible for any wires and funds sent to an incorrect bank account.
If you are a victim of wire fraud, you should immediately contact your financial institution and your local Federal Bureau of Investigation Office.
Pennsylvania Transfer Tax Rates
Pennsylvania realty transfer tax is generally imposed at a rate of 2% of the value of the real estate – 1% to the state PLUS the percentage (generally an additional 1%) charged by the local government.
Click here for a list of localities that impose something other than 1%.