Short Sale « Chicago Title Insurance

May 16th, 2011

A Case of Fraud

by Carmela Gellos | Be the first to comment...click here!

The following is a case of fraud taken from our Fraud Insights newsletter for May.

Careless Whispers

An escrow officer with Chicago Title’s Skokie, Ill. office, was conducting a signing without the buyer or seller in the room. To set the stage, the signing ceremony was being conducted with both the buyer and seller’s [...]

September 26th, 2010

The 22K –To Pay or Not to Pay, That is the Question!

by Claudia Ollestad | Be the first to comment...click here!

Watch out for this one gang. As we see more short sales, this addendum may cause us all some headaches unless we understand it clearly. In the past, people have sold their homes, gotten their cash, paid their bills and moved on. Now, in the event of a short sale, there isn’t [...]

August 9th, 2010

Short Sale Soup!

by Claudia Ollestad | Be the first to comment...click here!

Short sales comprise around 30% of the closings we see in our office and there doesn’t appear to be an end in sight! In talking with agents, I find they either want to know everything about them or want to avoid them like the plague.

If you are considering dipping your spoon in the short [...]

July 14th, 2010

Short Sale vs. Foreclosure

by Chris Marchand | One comment so far

Since many homeowners may not understand what a short sale is, they may not be aware of how a short sale on their home may be a better option for them than a foreclosure.

First of all, a short sale may be an option when a homeowner finds himself in financial difficulties and facing the possibility [...]

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A Case of Fraud

The 22K –To Pay or Not to Pay, That is the Question!

Short Sale Soup!

Short Sale vs. Foreclosure

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