Partners

Mortgage Services | Title Services | Home Warranty

Mortgage Services 

Most homebuyers rely on finding a reputable mortgage lender that will pre-approve them for financing at the beginning of their home search and help them obtain the monies they need to purchase the home of their dreams. Home buyers also need a lender that communicates with them and explains the waves of paperwork that can accompany the purchase of a new home.

Community First Real Estate is privileged to work with a number of highly skilled loan officers throughout our area. These mortgage companies aim to provide financing for all our client's with a complete menu of services designed to remove the "complications" of home buying. 

The companies that we work with can provide a number of mortgage services including:

For more information or a referral of one of our mortgage lenders, please call 330-629-8888 or click here to contact us.

Title Services

Are you searching for a title company, but do not know where to begin? Here are a few questions that you might want to ask:

Community First Real Estate offers title services to all of the involve parties - buyers, sellers, lenders and real estate agents. Our job is to coordinate all parties, while transferring money and property during a closing. When using the services of a title company, this process eliminates any risks that there are any claims, assessments, errors, or miscellaneous defects on the title when you purchase the property. 

Some of the services provided by title company include: 

Title Search - A title search looks at the records of the title to insure a clear, transferable title. We make sure that the title is free from liens, judgments and easements. 

Lien Search - The search records any outstanding monies due on the title such as lease payments or second mortgages. These must be rectified before the title is cleared for ownership. 

Title Insurance - This is a policy issued by a title insurance company protecting the property owner and your financial institution against any errors in the title search and any claims that should arise with the property. The buyer, the seller or both parties can pay for the cost of the title insurance policy. 

There are (2) two different kinds of Title Insurance:

Lender's Title Insurance - This type of policy protects the lender from any loss due to problems with the title. It also guarantees that the lender has the first valid lien against the title.

Owner's Title Insurance - This type of policy protects the buyer from any errors that may surface after the sale of the property is complete. There are no annual premiums to pay and buyer pays for the policy when it is issued.

A seller may purchase a policy to insure that the buyer is receiving a clear title to protect the lender. 

This type of policy is the only policy that will protect you from any kind of legal expenses from a resulting dispute. 

If you have any questions, or would like more information about title services, click here or call us at 330-629-888 for more information.

Home Warranty 

A Home Warranty is a WIN-WIN situation for buyers and sellers as well as agents. 

Advantages for Buyers

A Home Warranty offers buyers the piece of mind that should anything unexpected happen (due to normal, every day wear and tear) of the home's appliances, heating, air conditioning, plumbing, and electrical systems, it will be repaired (or replaced in some cases) for you without costly fees. 

Also, buyers will not have to worry about finding a reputable repair technician that they are uncertain they can trust. This will save everyone precious time and money. 

Advantages for Sellers

Sellers can relax knowing that they have a Home Warranty protecting them from costly repair expenses during the listing period, closing and sale of their home. 

Advantages for Agents

Agents know that the added incentive of a Home Warranty makes the deal for both buyers and sellers, smooth and hassle-free. 

If a Home Warranty is offered, a Community First Real Estate Agent will include this in their marketing plan as both a buying and selling tool. It is just another added feature for the home seller(s) to offer the potential buyer(s). 

What does a Home Warranty cover?

A home warranty offers piece of mind for everyone. There are many different companies available that offer Home Warranties. However, not all warranty companies offer the same services. It is important to research a reputable company or consult your agent for more information on finding a plan that best suits your needs.
 

Be sure to look for a Home Warranty plan that covers:

Some plans offer additional coverage (with an additional fee) for specific home features including:

What does a Home Warranty cost?

A Home Warranty usually costs between $300 - $600 annually and carries a $50 - $100 service fee for each repairable item. Most Home Warranties usually offer (1) year or less of coverage time. All repairable items need to be covered in the sale of the home in order for the Home Warranty to be effective. Some Home Warranty companies charge additional fees per year for added features of the home. 

Is there a waiting period for a Home Warranty Plan to begin?

This depends on what plan you purchase. In some cases, you plan will begin in 30 days or more, but generally, most plans begin immediately. 

For more information about purchasing a Home Warranty, please visit the following web sites or contact your agent for a referral.