> Gee, I was going to reply to your Title Insurance as unnecessary, until I looked it up "If you have owned property in Iowa, you may not be familiar with title insurance. Iowa is the only state that prohibits the sale of title insurance by its companies". Insurance companies are only profitable IF they don't pay; in Iowa, the abstract is updated with all liens and loans and easements shown. So there's no way an insurance company would ever be profitable unless selling to 'low information' folks.
Is Brent in Iowa? If so, I was not aware of that, nor did I know title insurance isn't legal in the nation's Most Boring State. At any rate, you get title insurance or a title abstract for the same reason: to ensure the title is clear and free of encumbrances. And given a choice between an abstract or title insurance, I'd go for the insurance.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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