title services

The coverage of an Owners Title Policy delivers MORE COVERAGE which translates to MORE PEACE OF MIND.

Buying a new home is one of life's most gratifying experiences. As you approach the big day of closing, however, the details can be a little overwhelming. You might easily overlook the single most important step in the entire process – the purchase of title insurance on that wonderful new home of yours.

What Is A Title?

A title is the legal evidence, of right, that a person has to the ownership and possession of land.   Since it is possible that someone other than the owner has a legal right to the property, the premium coverage offered by an owners policy is a MUST for the added Peace of Mind.

There can be a number of problems that remain undisclosed even after the most careful search of public records. The hidden “defects” are very dangerous. Sometimes these defects are not discovered for months or years after you purchase your home. You could be forced to spend substantial sums on a legal defense to protect your rights. With an Owners Policy you are protected.

Two Types of Title Insurance

Your lender will require that you purchase a Lender's Policy. This policy only insures that they (the lender) have a valid, enforceable lien on the property. It does not protect you!

Ohio Title Services, Ohio Title Service
How Much Does Title Insurance Cost?

The one-time premium is directly related to the value of your home. Typically, it is less expensive than your annual auto insurance. It is a one-time only expense, paid when you purchase your home. Yet it continues to provide complete coverage for as long as you or your heirs own the property.

The Owners Policy provides complete protection from these and a host of other hidden defects:

• Creditor Claims

• Undisclosed Heirs

• Mistakes In Recording

• Incorrect Legal Descriptions

• Forged Deeds

• Errors In Tax Records

 

  President                                Attorney
  E-mail Veronica Grabill                E-mail Jim Weprin