Our Services


Preferred Title & Guaranty Agency, Inc., offers a wide variety of services and the excellent customer support that our customers and professional partners expect and deserve.


What is Title Insurance?

A title insurance policy, in effect, provides an assurance that you really own the property you think you own.


When you purchase title insurance, the protection you are buying is based on a title search of public records that traces the chain of ownership of the property involved, and includes a guarantee from the title company that the title is accurate as stated.


The initial search examination are important in identifying title problems before your real estate purchase is complete.  While almost all other forms of insurance protect you against future hazards, a title policy is designed to protect against the hazards of the past.  There are two types of Title Insurance Policies:



Owner's Title Insurance
Protects the home buyer's interest, and is normally issued in the amount of the purchase price of the property.  Coverage means that the issuer will pay all valid claims on the title as insured.


Lender's Title Insurance
The mortgage lender requires that the home buyer purchase a lender's title insurance policy to protect the lender's security in the real estate.  Lender's title insurance is issued in the amount of the mortgage loan.  The amount of coverage decreases, and finally disappears as the mortgage loan is paid off.



Premium Rates (Effective 01/01/2003):

(Per $1,000.00 liability or fraction thereof)


Owner or Leasehold Policy Rates:

Up to $150,000 of liability written $5.75 per 1,000 or fraction thereof
Over $150,000 & up to $250,000 add $4.50
Over $250,000 & up to $500,000 add $3.50
Over $500,000 & up to $10,000,000 add $2.75
Over $10,000,000 add $2.25
Minimum $175.00
   w/ Survey Coverage $100.00
Commitment Fee / Binder $100.00
Mortgage Policy Rates:
Up to $100,000 of liability written $4.00 per 1,000 or fraction thereof
Over $100,000 & up to $250,000 add $3.25
Over $250,000 & up to $500,000 add $2.50
Over $500,000 & up to $10,000,000 add $2.25
Over $10,000,000 add $2.00
Minimum $125.00
   w/ Survey Coverage $50.00
Commitment Fee / Binder $100.00
Simultaneous Issue $100.00
EPA Endorsement (8.1) $75.00
ARM Endorsement (6, 6.1, 6.2) $75.00
CLTA 100 Endorsement $150.00 min ($.10m)
ALTA 9 Endorsement $150.00 min ($.10m)
Condo Endorsement (4.0) $50.00
PUD Endorsement (5.0) $50.00
Manufactured Housing Endorsement (7.0) $75.00
Other endorsements issued on request, call for pricing



We offer three primary types of Escrow closings.


  1. Purchase/Sale
    Involving both a buyer and a seller, you can count on Preferred Title to provide the highest quality service and attention to the details whether you're the realtor, attorney, lender, builder or developer.  

  2. Refinancing
    Refinancing is the process of obtaining new lender financing on a property.  There are several reasons to Refinance.  The most common is when the initial financing was at a much higher interest rate thus refinancing at a lower interest rate would reduce the monthly payments.

  3. Commercial
    Preferred Title has some of the best commercial closers in the area.  We are experienced on all types of commercial closings.





Escrow Services
As an Escrow Agent, Preferred Title is a neutral third party who can carry out the instructions in a purchase agreement between the buyer and seller or the borrower in a refinance situation.  We can also handle all of the disbursement associated with the closing.


Property Profile

A Property Profile is a description of your property showing ownership, real estate tax information, sales and loan information and comparables of similar properties.  You may also get this information by going to one of these County Auditor sites:  

Delaware County Auditor


Fairfield County Auditor


Franklin County Auditor


Franklin County Recorder


Licking County Auditor


Madison County Auditor


Pickaway County Auditor


Union County Auditor


Location Survey

Mortgage Location Surveys are normally required by the lender in order to obtain additional coverage against encroachments on the property.


Termite Inspections

Termite Inspections are normally required on all FHA and VA loans.  This is an inspection of the property by a certified professional to determine if there are any wood destroying insects or visible damage to the structure.



An Appraisal is an evaluation of the property to determine "Fair Market Value" of the property.領en used by lenders to compare the value of the house to the amount being loaned.


1031 Exchange

A 1031 Exchange is an IRS provisions which allows the owner of a property to exchange their property for another of like-kind while deferring payment of state and federal capital gains taxes.


Title Search/Title Examination



Foreclosure Searches


Downtown / German Village
291 E. Livingston Ave.
Columbus, OH   43215
Phone:  614.221.5505
Fax:  614.221.2086
E-Mail:  info@preferredtitleohio.com


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Copyright ⰰ0-2007 Title Solutions, Inc.  
Last modified: July 09, 2007