CLE Title Agency LLC is a title insurance agency licensed to conduct business in the State of Ohio.
Ohio is a fee regulated state which means you will pay the same for title insurance no matter which title insurance agency you choose. In addition, our other charges for title exam are competitive. Whether buying, selling or refinancing your house, CLE Title can service your needs.
The Closing Process
It’s probably one of the most important days of your life, the day you purchase your new home, one of the largest assets a person will usually own. You signed the purchase agreement to buy the home; you have hired a home inspector to inspect the house and then met with the mortgage lender to get approved for your loan. Now you need to sign ALL of the documents to close the transaction.
You will be signing numerous documents, some from the title agency and many from the mortgage lender. The mortgage loan documents are predetermined non-negotiable legalese spelling out the terms of the note with the lender. Simply stated, the lender will lend you money at a stated amount and stated term and you will make monthly payments to them to repay the loan. If you fail to make these payments, it provides the lender recourse to what it can and cannot do.
You will also need to bring in your down payment, closing costs and prepaid items (taxes, insurance, PMI) in the form of a cashier’s check or have the funds wired. Ohio is a “good funds” state and we cannot take a personal check.
What makes us different?
We will then physically take the deed and mortgage to the county recorder’s office for proper recordation and then you own your house! We will then contact Realtors and/or Buyer and Seller and you get your keys!
* Northern Title Agency, Inc., a related entity handles the escrow/settlement for CLE Title.