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The typical search can take an abstract company up to a week to complete.
“When you purchase a home in Iowa, the state requires an abstract and title search, and what we do is go through every document related to that property—from sales, contracts, court actions, even easements and liens—that could affect the clear sale of the home,” Blue says.
The simplicity of the abstract process is just one more reason to buy a home in Iowa.
usually do not ask for an Abstract anymore to examine Title.
With today's technology everything can be found online to review.
If a Seller has an Abstract in their possession the Buyer's agent can ask to have it delivered to the Title Company ahead of time and the Attorney can review the Abstract itself before researching the property history online. The Abstract should be conveyed to the new Buyer at closing. Some properties will not have an abstract, especially bank owned properties.