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Chicago Title
Residential Services
Chicago Title offers customers the most complete real estate services in the nation. You can count on us for all your real estate-related needs. For assurance and security for you and your heirs, contact your local Chicago Title office for all your title needs.
Subdivision Services
Chicago Title Subdivision Services is a specialized division that supplies the necessary underwriting, coordinating and high-liability service needs of commercial/industrial and subdivision developers and builders, lenders and other real estate professionals locally or nationwide. We have built a reputation for efficiency and unparalleled expertise processing land acquisitions, new construction and sale-out transactions. Whether you're considering an industrial park subdivision, or accumulating parcels for a master planned community, Chicago Title can assist you with every phase of development. Contact your local Chicago Title office for more information. Commercial and Industrial Services
Chicago Title devotes resources to a specialized operating center focused on commercial and industrial (C&I) real estate transactions. Our commercial and industrial services competes at the highest level in your local or nationwide marketplace, offering our customers the consolidated, coordinated delivery of all services required in a commercial and/or real estate transaction from a single source. For all your Commercial and Industrial transactions, contact your local Chicago Title office. Closing Services
Chicago Title Closing Services offers you experienced escrow officers and closing specialists well trained in real estate procedures, title insurance, taxes, deeds and insurance. Their wealth of technical experience and knowledge is your assurance of a smooth closing. By acting as a disinterested third party who follows the instructions of both the buyer and seller, keeping track of all the details of the transaction, Chicago Title Closing Services gets the job done with efficiency and accuracy. Call your local Chicago Title today.
Closing or Settlement >The Good Faith Estimate
When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.
Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.
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| Q |
What document must lenders provide within three days of receiving your application for financing?
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| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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Chicago Title
Chicago Title offers customers the most complete real estate services in the nation. You can count on us for all your real estate-related needs.
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