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About Escrow Services

As an Escrow Agent, Ohio Title Corporation is a neutral third party who can assist in complying with the terms of a purchase agreement between buyer and seller. We also ensure compliance with lenders’ closing instructions in a purchase or refinance situation. Ohio Title can also handle all of the monetary disbursements to be made in connection with a closing.

The three types of closing handled by our office are as follows:

Purchase Transaction

Involving both a buyer and seller, Ohio Title will perform all the necessary work to get the closing completed. This includes ordering mortgage payoffs, termite reports, gas line warranties, home maintenance plans, mortgage location or pin surveys, and preparation of the final settlement statement, and disbursements of funds.

Refinance Transaction

Involving the current owner and new lender, Ohio Title performs all the necessary work to get the transaction closed and disbursed. Even without a new buyer, all the same possible encumbrances apply in the negotiation of a new loan.

Commercial Transaction

Ohio Title has some of the best commercial closers in the area. We are experienced in all types of commercial closings including chain stores? restaurants? apartments, strip malls, etc.

 
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