Why is Title Insurance important and what does it do for you?

American Mid-Ohio Title Agency

Ohio was founded in 1803, over 200 years ago! That’s two hundred years of owners, loans, liens, marriages, divorces and estates. These are only a few things that can affect your ownership rights. Once settlement is final the buyer is responsible for any claims made against the property.

 

This means any unsettled matters

involving the subject property aka

YOUR HOME would become the

Current Owners’ problem aka YOU. 

              An Owners’ Policy Protects You.

 

Title Examiners perform a thorough abstract of the properties past. This will show any and all matters affecting ownership that are filed in the County courthouse, taxes, right of ways for utilities and unsatisfied liens or claims against the property. Even the most careful investigation may fail to disclose some title defects: Land Contracts never recorded, defective Mortgage or Lien Releases and undisclosed heirs. The possibilities are endless, but that is what Title Companies are here for!

For these reasons Title Insurance is the best policy. Title Insurance comes in two types: Owners & Lenders. Lenders require you to purchase a policy for them, but what about protecting your interests?

There is insurance for everything these days: Cars, RV’s, Crops, Health & Life. Why not Insure the Title to the biggest purchase you may ever make?

Title Insurance carries a one time fee and it covers your interests for as  long as you own the property and beyond.

 

AT or BEFORE CLOSING…

Buyers & Sellers should think about purchasing a Closing Protection Letter, to indemnify them against the loss or misappropriation of settlement funds and an Owners’ Policy will assure you that your investment, your home, is secure!

There are many pieces and parts that come together and need to be completed before an accurate Closing can be accomplished. Each Closing is different, but include many of the same pieces: Good Faith Estimates, Truth in Lending Disclosures, Pest Inspection, Well & Septic Inspection, Whole House Inspection, Title Search, Survey, Appraisal, Loan Payoff Calculations, Property Encroachment, Easement, Joint Driveway Agreement, Title Insurance Commitment and all of the people, pieces and parts...

Allow our Professional Closing Agent to put the puzzle together for you and schedule everything at your convenience.

Title Insurance assures you that your investment, your home, is secure.

Accurate     Convenient     Economical