Frequently Asked Questions

What is a title, lien, escrow, and all of these odd terms?

We have an alphabetical glossary of helpful terms to understand in the title and settlement field. Please peruse these definitions and PA Title Insurance Endorsement Explanations if you come across unfamiliar words or endorsement numbers.

Why do your title officers need my SSN?

For some of our services, we may need to request your Social Security Number. This is because in many cases, we will be completing and submitting forms on your behalf. Some of those forms require your SSN, and so we will need your SSN to complete the documents quickly and efficiently.

This is standard for reputable title insurance companies. We do take security measures to ensure your SSN is used only for the necessary purposes. If you have any concerns about your SSN when working with us, please bring it up to your title officer.

While you might be able to sell your property to a friend or business partner, it is important that you take several factors and risks into account.

Reasons to choose a title officer:

• Your title officer helps ensure you take the latest laws and policies into account.
• They will help catch any missed paperwork and ensure it is completed and submitted correctly.
• Your title officer has experience completing many types of sales, and so they are less likely to make a mistake and more likely to complete your transaction efficiently.
• You want to be confident that the matter is settled completely, and that no surprises will pop-up in the future.

Before Your Settlement: DO & DON’T Closing Checklist

Brought to you by Stewart Abstract of Berks County – Your Trusted Settlement Partner

❌ DON’Ts – What to Avoid Before Closing

• Don’t make big purchases
  Put off buying furniture, cars, or appliances—these can affect your loan approval.
• Don’t open or close credit accounts
  Even small changes to your credit can delay your mortgage process.
• Don’t change jobs or employment status
  Lenders need consistent income. Any changes can complicate final approval.
• Don’t deposit large sums of cash
  Unverified deposits can raise red flags. Always check with your lender first.
• Don’t skip bills or make late payments
  A missed payment could hurt your credit right before closing.
• Don’t change your marital status
  Getting married or divorced affects how your loan and title are handled.
• Don’t ignore your lender
  Respond quickly to document requests to keep everything on schedule.

✅ DOs – Smart Moves to Keep Closing on Track

• Stay in close contact with your lender and agent
  They’re your go-to for any questions or changes.
• Keep your finances steady
  Now’s the time to stay consistent with spending, income, and credit use.
• Ask before making any major changes
  If you’re unsure whether something could affect closing—just ask!
• Choose a trusted settlement team
  Stewart Abstract of Berks County is here to guide you every step of the way.

For more details about the DOs and DON’Ts of settlement, read about these 7 Critical Things You Should Never Do.