The Pamela Madore Group
Keller Williams Realty
If you are a layman and you hear the words "title plant" what comes to mind? Me either. I could think of nothing.
Since I am in the business of real estate I have heard of a title plant. And I had no idea what it was.
Lisa Bray, a closer at Lawyer's Title was kind enough to take me to and show me their title plant.
The first thing I didn't know is that it is a secret. I was able to get a few pictures but just cursory ones. Why is it secret? It is proprietary information. Lawyer's Title has paid for all of the information over many years to have it in the plant and in order.
All of the information is public record, but try going to the court house and find an easement that was filed through a 100 acre tract of land after the owner and everyone in the family died. 100 years ago. Good luck.
Fortunately, it might take a little looking but it is all there. While I was there one of the title examiners (Genise) was doing just that. Looking for an easement on and older transaction. She meticulously went through book after book and probably some microfiche until she had a list of about 10 places and one of those places should have the information.
One thing I learned from that is that when we say to a title company we have a "rush job", not all jobs can be rushed because of the manual labor that has to go into it.
|Title Plant Documents|
I got a chance to nose around in a couple of book but the most exciting one was the very first book of Amarillo. It went all the way back to the first transaction in 1882 when "sovereignty" or a "patent" was issued by the state of Texas to last names Gunner and Munson.
Who were they? What did they do? I love history.
I was trying to listen so fast that I might have missed a couple of statistics but I think that everything since 1993 is on computer. From 1972 to 1993 all of the documents are on microfiche and before that are the big tomes.
Every day there is someone at the courthouse catching documents as they are being filed and transfer them to the plant to be processed. That is why title companies do an "update" just before closing. To be sure no one stuck a lien in there somewhere.
Visiting the Title Plant gave me a new respect for what Title Companies actually do. The work that goes into everything to make sure nothing slips by. And Shana is right on top of it all. If something is even a little bit questionable, she sends it to her underwriter just to be sure.
Do you want clear title to your property? Make sure your title company has the ability to go back to Book 1.
|Lawyer's Title Escrow Agents|
For more about title insurance, call Lisa Bray 806-576-0481 at Lawyer's Title. And thank you Adam for taking our video.
Keller Williams Realty
3955 S Soncy Amarillo TX 79199