Chicago Title Agency

Counterfeit Checks on the Rise

2020-09-01T15:57:04+00:00September 1st, 2020|Chicago Title Agency, Newsletter|

Scenario: Title Company opens a sales transaction. The sales price was $379,900. The buyer was purchasing the property for cash, no financing. The purchase agreement required an earnest money deposit in the amount of $5,000 but the buyer remitted a check for the full sales price. The check was a company check and was drawn [...]

The Importance of a Reconveyance

2020-07-29T21:23:18+00:00July 29th, 2020|Chicago Title Agency, Newsletter|

A Reconveyance is an instrument used to transfer title from a trustee to the "owner" of real estate. This is most commonly used upon payment in full of the mortgage. At the time of payoff, the lender is obligated to make certain that the title to your property is cleared of the lien.  A Reconveyance [...]

Mac Aroni Loses 25 Acres

2020-06-02T17:35:42+00:00June 2nd, 2020|Chicago Title Agency, Newsletter|

Jill Bright, Chicago Title (Maricopa County) A real estate investor we will call by the fictitious name of “Mac Aroni” contacted one of our operations as he was in need of their assistance with the purchase of several acres of vacant land in a remote desert area in Arizona. Aroni was working directly with the [...]

Did You Know… Title Company Edition

2020-08-19T22:22:16+00:00May 9th, 2020|Chicago Title Agency|

By Jill Bright, Chicago Title When people hear Title Company, they think that is where they go to sign the papers when buying a house. Obviously, you know there is a little more to what we do than that! In addition to all of the work that goes into clearing title on a property, there [...]

Navigating Technology

2020-08-19T20:58:30+00:00April 3rd, 2020|Chicago Title Agency, Newsletter|

 by guest author DiAnna Jackman - Chicago Title It’s been harder to find inventory than a pack of toilet paper in this pandemic climate we are living. One thing I have learned is that technology is definitely where it’s at when we look towards the future of real estate. Are you up to speed on [...]