Chicago Title Agency

Cash Purchases

2021-03-30T17:20:45+00:00March 30th, 2021|Chicago Title Agency, Newsletter|

On December 4, 2020, an escrow was opened for Mr. and Mrs. Walker in the amount of $112,888 for the sale of a residential vacant lot to Mr. Dean. On December 14, 2020, Mr. Dean sent via overnight delivery an official check in the amount of $150,000. The title company deposited the official check in [...]

Title Fraud

2021-03-01T22:31:44+00:00March 1st, 2021|Chicago Title Agency, Newsletter|

In a recent transaction, the seller accepted the buyer’s offer but almost immediately the deal started falling apart. The Buyer’s address noted on the offer was located outside the United States. When the buyer’s earnest money deposit was due, he had every excuse as to why it was taking so long to send it. The [...]

Title Fraud

2021-02-01T19:33:42+00:00February 1st, 2021|Chicago Title Agency, Newsletter|

Escrow Officer, Jane Doe received a new order for a sale. The sales price was $185,000. She had worked with the buyer’s real estate agent in the past, but not with the listing agent. The listing agent seemed to be very familiar with the status of title. From the beginning he told her, “Oh don’t [...]

Paying Proceeds

2020-12-28T17:36:10+00:00December 28th, 2020|Chicago Title Agency, Newsletter|

The best part of being a real estate investor is getting paid. Am I right? There are many rewarding aspects of being a real estate investor but let’s face it, the expectation is to get paid. I cannot tell you how often we are asked to pay the sale proceeds to an entity other than [...]

What is the Dark Web?

2020-12-01T17:08:51+00:00December 1st, 2020|Chicago Title Agency, Newsletter|

When I received an email that read, “Information about you may have been exposed on the dark web,” I had so many questions. What does this mean? What do I do? How do I protect myself? I logged on to my identity theft protection service to find the answers to my questions. The website clearly [...]