Whether you’re buying or selling a home in Ohio, closing costs are an unavoidable part of the real estate process. What are Closing Costs? Closing costs encompass the fees and expenses incurred throughout the real estate transaction, covering the services necessary for closing the sale. These costs are separate from your down payment and loan amount, and they need to be paid by both
Category: Closing
3 Types of Deeds
Your home search was successful and you have made it to the homebuying part of the process. With all of the stress that comes with searching for a new home now it is time to close and that can bring a new set of stresses, especially if you don’t understand all the terms that are
A Guide to Understanding Dower Rights in Ohio
When buying or selling property in Ohio, it is helpful to understand the legal aspects of the transaction. In Ohio, one unique feature that deserves attention is dower rights. Dower rights protect the interests of married individuals, particularly spouses, in real estate transactions. What are Dower Rights? Dower rights refer to the legal rights and
Title Insurance File Process at Ohio Real Title
Buying a new home is an exciting, multi-step process. Once a buyer makes an offer on a home and the seller accepts, your title company steps in as the intermediary to record the necessary legal documents, and finalize the purchase or sale of a real estate property. Ohio Real Title plays an essential role in
Online Notarizations Safety
Is Remote Online Notarization Secure? Accustomed to the convenience that’s followed the rise of electronic signature technology, many have grown frustrated with the traditional paper-based, in-person process of notarization. The good news is that remote online notarizations transform traditional notarizations into a completely digital experience. What is Remote Online Notarization? Allowed in Ohio since September
How We Are Using Technology to Adapt the Closing Process to the Post-Pandemic New Normal
As we begin to emerge into what is presumably the beginning of a “new normal” way of life, Ohio Real Title remains committed to the health and safety of our team, clients, customers, and communities, as well as providing exemplary title and escrow services. While we have always prided ourselves on using the latest tools
What is Gap Coverage and How Does It Work?
The question of the week, “What is gap coverage and how does it work?” The Gap Between the Closing and Disbursal of Funds Title insurance insures the purchaser’s ownership (or a lender’s mortgage) as of the date and time of recording of an insured instrument (defined in a title insurance policy as the “Date of
Safe and Efficient Signing And Closing Options – Update For Weekend Of March 22, 2020
A stay-at-home order through at least April 6th has been issued by The State of Ohio and Governor DeWine. Title companies and real estate services are included in the list of essential businesses and are permitted to continue to operate. Our offices will continue the transition to working remotely for the majority of our employees.
Safe and Efficient Signing And Closing Options – Update For Weekend Of March 21, 2020
Ohio Real Title continues to monitor the coronavirus situation and to comply with all orders and directives from the State of Ohio and Governor DeWine. New orders this past week were strong as we received nearly 300 while completing more than 150 closings. There are more than 250 orders set for closing before the end of
Safe and Efficient Signing and Closing Options
Ohio Real Title values the health and safety of our team, clients, customers, and communities we call home, above all else. In response to the rapidly evolving situation regarding the novel coronavirus, COVID-19, we want to share the numerous choices our buyers and sellers have when it comes time to sign their closing documents. We
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