Post #23 about finding some land. We called the Grant County office that builds the abstract today. They said it was going to cost $1100.
This is absolutely correct this is a great tool! We use this website on a daily basis.
Oklahoma abstractors board website has posted prices and all abstract companies are regulated by these posted approved prices. Always a good way to check that they are being honest as some companies like to over charge.
Then why is one company the OP contacted want $4000 for 2 acres, when we are talking around 23 acres for $1100?
That’s way too high.
Some states have eliminated the abstract, and have title insurance! We bought some land in Arkansas , and I was not familiar with this ,so I had to check into it. What i found was this is a much simpler, less expensive, and even safer way to manage this. For a one time fee the insurance company guarantees the title, and if something is wrong they refund all your money!!
This is my understanding. Its more or less priced based upon how much work there is to do. I dated a girl who was an abstractor, and she would have abstracts that go back to pre-statehood, and had to audit the entire thing. Its expensive, definitely a big complaint when I buy or sell property, but it can save you bacon. If someone still has claim to your land, and you aren't as good at understanding the law as they are, you can really get screwed.
