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| What is Title Insurance? An Insurance policy protecting you, or your Lender, against loss resulting from title defects to your land. This one time fee is regulated by the State of Ohio Department of Insurance and is based on the sale price of the home. |
| Why Title Insurance? When you buy property, you want to be certain it’s yours. But even the most diligent search of the public records could fail to disclose numerous title defects. Things such as a forged will or deed. Or a title transferred by someone under age. A married person conveying property without his or her spouse. Fraudelent impersonations. Secret marriages. Undisclosed heirs. Invalid divorces. False affidavits. Recording errors or other human errors, etc. Once issued, a title policy covers legal fees and any loss resulting from a valid claim. Title insurance protection remains in effect as long as the homeowner, or his or her heirs, owns the property. (See our website “Claims Chronicles” for further claims cases.) |
| Why Port Lawrence Title? Founded in Toledo in 1930, The Port Lawrence Title and Trust Company is the area’s largest and most experienced title insurance company in Northwest, Ohio. A proven industry leader, we bring more than half a century of experience, and a seasoned staff to each and every transaction. We keep you informed from your initial order to the final closing. And, we are a wholly owned subsidiary of First American Title Insurance Company, one of the largest underwriters in North America. Consumers also benefit from our third party independence. Because we face no pressure to “close the deal at any cost”, Port Lawrence Title can facilitate property transactions by serving as an honest intermediary between buyers, sellers, realtors and the lender. |
| What Port Lawrence Title provides |
The Title Exam
This is a thorough investigation of the public records concerning the subject property. In addition to determining ownership of the property, it reveals any mortgages or liens currently on the property. Finally, it determines if there are any conditions that would interfere with the Buyer taking title. |
Settlement Services
These services include: requesting & obtaining all payoff information (mortgages), preparing all closing documents, complying to each individual lender’s requirements, coordinating and scheduling the closing date for all parties involved, closing the transaction, disbursing monies and commissions, all copying, filing and faxing, recording the deed and mortgage, reporting of Seller’s gross proceeds to IRS, and mailing all necessary documents. |
Title Insurance
The real estate you own represents stability, and permanence. Don’t take a chance and let your property be taken from you because of a flaw in the title. |
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Six Convenient Locations
Downtown Toledo 419-244-4605
West Toledo 419-724-0464
Maumee 419-866-3600
Oregon 419-691-5900
Bowling Green 419-352-8485
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Port Lawrence Title
Established 1930 |
| *we’re open until you close . . . www.portlawrence.com | |
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