Your Property, Our Priority
Real Estate Title & Escrow Services in Ohio
At 1st Nationwide Title Agency, Ltd., in Lorain, OH, we specialize in providing comprehensive title insurance, escrow services, and real estate closing solutions to customers across the entire state of Ohio.
Our mission is to offer a seamless, transparent, and efficient process for every transaction, ensuring peace of mind for all involved parties.
Our Services
Title Insurance
Title insurance protects your property rights from unexpected claims, liens, boundary disputes, or title issues. Partner with us for diligent research and a thorough review to ensure your investment is secure and legal challenges are avoided. Please note, title insurance premiums are regulated by The Ohio Department of Insurance, and are the same regardless of the title agency you choose.
Protecting Your Real Estate Investment with Title Insurance
- A Home purchase is the biggest investment people will make in their lifetime.
- Mortgage loans constitute the nation’s largest single category of institutional investments.
- Real estate is the nation’s largest asset.
- Title problems arise in one out of every four real estate transactions.
Is a deed sufficient evidence of ownership of the property?
NO… you need a deed and title insurance.
Escrow Services
Our escrow services act as a neutral third party, securely managing funds for your property purchase until all transaction terms are met. With meticulous detail and transparency, we guarantee a smooth, trustworthy process, ensuring confidence at every step.
Estimated Basic Fees
Residential Transactions (subject to change without notice):
- Settlement/Closing Fee
$700.00 (purchase) $250.00 (Refinance) - Title Search/Examination
$350.00 (Purchase) $225.00 (Refinance) - Title Insurance Binder
$100.00 - Transfer Service Fee
$ 75.00 - Overnight Delivery Service Fee
$ 35.00/delivery - Wire Transfer Service Fee (outgoing only)
$ 35.00/wire
Commercial Transactions (subject to change without notice):
- Settlement/Closing Fee
$790.00 (Purchase)
$395.00 (Refinance) - Title Search/Examination
$350.00 (Purchase)
$250.00 (Refinance) - Title Insurance Binder
$100.00 - Transfer Service Fee
$ 75.00 - Overnight Delivery Service Fee
$ 35.00/delivery - Wire Transfer Service Fee (outgoing only)
$ 35.00/wire
NOTE: There may be additional charges depending upon the particular needs of your transaction.
NOTE: Title Insurance Premiums are regulated by the Ohio Department of Insurance.
Real Estate Closing Solutions
Our real estate closing solutions simplify the final stage of your transaction, handling document preparation, review, and fund distribution. Our expert team ensures an unquestionable level of trust stress-free closing with clear communication and swift resolution of concerns.
1031 Tax-Deferred Exchange Services
Section 1031 of the IRS tax code allows investors to sell investment property and use all of the proceeds to purchase new investment property while deferring taxes associated with the sale.
REASONS TO EXCHANGE
- Defer taxes (up to 35-40% of the gain)
- Diversify or consolidate a real estate portfolio
- Switch property types
- Greater purchasing power
- Build & preserve wealth
- Expand into other real estate markets nationally
- Improve cash flow
- Greater appreciation potential
- Estate planning for heirs
Underwriters
Fidelity National Financial
Fidelity National Financial (NYSE: FNF) is the nation’s largest group of title companies and underwriters in the country and, collectively, we issue more title insurance policies than anyone else in the United States.
First American Title
First American is a leading provider of title insurance, settlement services, risk solutions and data services across the nation and around the globe. Our strong values, and the outstanding people who embody them, are what keep First American growing, thriving and continually providing the products and services you’d expect from an industry leader. For 135 years, First American has delivered certainty and trust to power seamless real estate transactions.
Frequently Asked Questions
Why do I need title insurance?
Even with the most comprehensive research, unforeseen issues like forgery, clerical errors, or previously undisclosed heirs can arise. Title insurance provides financial protection against these and other types of title discrepancies.
Do I need escrow services for every real estate transaction?
While not every transaction requires escrow services, they are highly recommended as they add a layer of security for both the buyer and seller.
Can you handle real estate transactions outside of Lorain, OH?
Yes, we serve all of Ohio and are fully licensed to manage real estate transactions statewide, providing the same exceptional service.
How long does the title insurance process take?
What can I expect during the real estate closing process?
Contact us at 440-985-3550 to learn more today.
1st Nationwide Title Agency, Ltd.
6155 Park Square Dr #5
Lorain, OH 44053
Business Hours
Monday - Friday: 8:30 AM -5:00 PM
Holidays Closed
- New Year’s Eve
- New Year’s Day
- Martin Luther King Day
- President’s Day
- Memorial Day
- Juneteenth
- Independence Day (July 4th)
- Labor Day
- Columbus Day
- Veteran’s Day
- Thanksgiving Day and the day after
- Christmas Eve
- Christmas Day
NOTE: If holiday falls on Saturday or Sunday, we normally close the following Monday.
