Centennial Title Agency

Centennial Title Agency We believe real estate closings are the beginning of a new chapter & we are eager to help write it.

An appraisal gap is the difference between the appraised value of a home and the purchase price in the sales contract. A...
06/01/2026

An appraisal gap is the difference between the appraised value of a home and the purchase price in the sales contract.

An appraisal is an opinion of value by a licensed real estate appraiser. Once a home is under contract and passes the home inspection process, the mortgage lender will order an appraisal. The assigned appraiser will then visit the property to do a visual inspection, compare the features of the home against recently sold properties in the area, and prepare an appraisal report.

The buyer’s lender won’t loan them more than the house’s appraised value. So, if the appraised value of the home comes in below the contract price, there is going to be a gap between the amount of loan the buyer can secure and the amount they must pay for the house.

Don’t waste your...Time. Energy. Love. Breath. Tears. Life. 🌱 Sometimes, letting go is the only control you’ll have.
05/29/2026

Don’t waste your...
Time. Energy. Love. Breath. Tears. Life.
🌱
Sometimes, letting go is the only control you’ll have.

Today we express our gratitude to our fallen heroes. In remembrance of our heroes on this Memorial Day.💙🤍❤️ 🇺🇸
05/25/2026

Today we express our gratitude to our fallen heroes. In remembrance of our heroes on this Memorial Day.
💙🤍❤️
🇺🇸

Be afraid and do it anyway. 💡
05/23/2026

Be afraid and do it anyway.
💡

Homeownership starts with smart decisions.....here’s the key to getting it right! 🔑
05/18/2026

Homeownership starts with smart decisions.....here’s the key to getting it right! 🔑

Happy Mother’s Day! 🤍
05/10/2026

Happy Mother’s Day! 🤍

Today is your fresh start, make it count! ✨
05/05/2026

Today is your fresh start, make it count! ✨

When considering an FHA loan, home buyers should be aware of the following 3 MOST important things... 🧐✅1. A Low Down Pa...
04/28/2026

When considering an FHA loan, home buyers should be aware of the following 3 MOST important things... 🧐

✅1. A Low Down Payment.
FHA loans are popular among home buyers because they offer a low down payment option. The minimum down payment requirement is typically 3.5% of the purchase price.

✅2. Mortgage Insurance Premiums (MIP).
FHA loans require borrowers to pay mortgage insurance premiums, which protect the lender in case of loan default. There are both upfront MIP and annual MIP payments. The upfront MIP is usually financed into hthe loan amount, while the annual MIP is divided into monthly payments along with the mortgage.

✅3. Property Requirements.
FHA loans have specific property requirements that the home must meet to qualify for financing. These requirements cover aspects like the property’s condition, safety, and habitability. The property must also meet the FHA’s minimum property standards. Home buyers should ensure the property they are interested in meets these guidelines to be eligible for an FHA loan.

Consulting with a mortgage lender or financial advisor can provide additional guidance and help determine if an FHA loan is the right fit!
•
titlecompany centennialtitleagency homebuyertips homebuying fhaloans
•
📲(330) 723.6492
www.centennialtitleagency.com
[email protected]

Gratitude > Attitude 🤍
04/19/2026

Gratitude > Attitude 🤍

💰 What Are Real Estate Taxes? 🧐Real estate taxes are the same as real property taxes. They are levied on most properties...
04/09/2026

💰

What Are Real Estate Taxes? 🧐

Real estate taxes are the same as real property taxes. They are levied on most properties in America and paid to state and local governments. The funds generated from real estate taxes (or real property taxes) are typically used to help pay for local and state services.

How do you calculate Real Estate Tax? 🤔

Calculate your real estate tax by multiplying your property’s assessed value by the annual tax rate. Subtract any applicable exemptions allowed by the tax code from this amount and then add any special fees that you’re liable for.

Address

331 East Washington Street
Medina, OH
44256

Opening Hours

Monday 9:30am - 5pm
Tuesday 9:30am - 5pm
Wednesday 9:30am - 5pm
Thursday 9:30am - 5pm
Friday 9:30am - 5pm

Telephone

+13307236492

Website

Alerts

Be the first to know and let us send you an email when Centennial Title Agency posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Centennial Title Agency:

Shortcuts

Share

Category