Owner’s Title Insurance vs. Lender’s Title Insurance: What’s the Difference?
Two Policies, Two Different Purposes When you close on a home, you'll likely encounter two separate title insurance policies: one for your lender and one for you as the owner. While they sound similar and are often purchased at the same time, they protect very different interests, and understanding the distinction can save you from …
HOA Liens and Ohio Real Estate Closings
What Is an HOA Lien? If you're purchasing a home in a community governed by a homeowners association, unpaid dues, fines, or special assessments can result in a lien being placed against the property. Because an HOA lien attaches to the property itself rather than just the individual owner, it can follow the home into …
Wire Fraud in Real Estate Closings
How Wire Fraud Scams Work In a typical real estate wire fraud scheme, criminals hack or spoof the email account of a real estate agent, lender, or title company and monitor the conversation until closing is near. Just before funds are due, the buyer receives what looks like a legitimate email with updated wiring instructions, …