Understanding Property Liens and How They Affect an Ohio Home Sale
What Is a Property Lien? A lien is a legal claim against a property that secures payment of a debt. Until that debt is satisfied or otherwise resolved, the lien typically must be cleared before the property can transfer with clear title to a new owner. Liens can attach to a property even without the …
Refinancing Your Ohio Home: Do You Need a New Title Insurance Policy?
Why Refinancing Involves Title Insurance Even though you already own your home, refinancing means taking out a brand-new loan with a new lender, and that new lender wants its own title insurance policy protecting its lien position on the property. It doesn't matter that nothing has changed about who owns the home; the new mortgage …
How Title Companies Protect Homebuyers
Buying a home is one of the biggest financial decisions you'll ever make. Whether you're purchasing your first house in Columbus, refinancing a property in Cleveland, or closing a commercial deal in Cincinnati, the last thing you want is a surprise after the papers are signed. That's where a title company comes in — and …