FREQUENTLY ASKED QUESTIONS
Why should homeowners place their faith in Chicago Title?
Chicago Title has been a force in the title insurance market for over 160 years and continues its tradition of excellent customer service with a rock-solid financial foundation. Chicago Title is located nationwide and our local title insurance professionals will work closely with you and your attorney to provide prompt service in meeting your title search and insurance needs. We have knowledge of the basic laws and customs in your community which often help define the requirements for a clear and transferable title.
What should we do to prepare for the closing?
Once you have entered into a purchase and sale agreement and applied for a mortgage loan to finance the transaction, your realtor, lender and title company will be working toward putting the various pieces together. You may be asked for additional information and should provide that as soon as possible so as not to delay your closing. You will be asked for a homeowners insurance binder evidencing coverage for the first full year as well as a receipt of the first annual payment by your lender and this is usually provided at closing if not before.
Once the Settlement Statement has been prepared, you should carefully review it. You will be asked to bring a bank or cashier’s check for the total amount needed from you to the closing. You will also need to provide a form of picture ID at the closing.