Title Services
Whether handling a single-site or a complex multi-site deal, we are your point of contact for your real estate transaction needs across the city, state, and nation. We offer services customized to accommodate your specific needs to resolve issues and coordinate all involved parties for a streamlined transaction process.
Our experienced title professionals provide turn-key solutions for the complexities across the commercial, industrial and residential real estate space including acquisitions, dispositions, loan modifications, foreclosures, bankruptcies, workouts, and exchanges.
Closing and Escrow Services
The most important phase of any real estate transaction is the closing. We provide clients with a wealth of knowledge through the decades of individual and combined experience of our escrow officers. When it matters most, you need a trusted team focused on the details to ensure the proper documentation and funding are secured by all parties, and we provide our customers with nothing less.
Trained and dedicated to following all real estate closing procedures, our team will handle each step of the closing process including:
- Securing all required signatures and approvals on documents and instructions
- Working closely with title officers to clear liens, approve documents to be recorded and provide requested endorsements to owner and lender policies
- Preparing and obtaining approval of a settlement statement showing all disbursements and receipts of buyer and lender funds
- Complying with all written instructions from buyer, seller and lender
- Distributing funds in accordance with the settlement statement
- Recording the conveyance and mortgage documents in the applicable county
Additional Services we provide:
- Mortgage payoffs and releases
- Judgments and other orders of the court
- Pending litigation
- Mechanics lien clearance and waivers
- Non-imputation endorsements
- Zoning problems
- Foreclosure and bankruptcy
- Assessment letters
- Utility facility statement
- Special coverage as needed
- Earnest money escrows and joint orders
- UCCPlus Insurance
UCC Policies
- UCC Search – A Uniform Commercial Code (UCC) search is conducted through the Secretary of State for any Financing Statements that may have been filed to perfect a lien on personal property in accordance with the Uniform Commercial Code.READ MORE
- UCC Filings – Many lenders will require a UCC-1 Financing Statement to utilize the personal property as additional security for their loan. A UCC-1 Financing Statement may be recorded in the Country in which the real property is located. The UCC-1 is typically recorded concurrently with and after the deed of trust or mortgage instrument or as instructed by the lender.READ MORE
Industry Experience :
The Chicago Title Commercial team has experience working within and across the commercial real estate industry spectrum. Some of our areas of expertise include:
- Agriculture / Land
- Corporate Transactions
- Government
- Healthcare
- Hospitality
- Multifamily Housing
- New Construction
- Office / Industrial
- Power and Energy
- Residential
- Retail / Restaurant