Available for you
Knowledge. Expertise. Experience
WE ARE A COMPANY WITH 20 YEARS OF EXPERIENCE AND WE DEDICATE OURSELVES ON HELPING OUR CLIENTS IN THE PROCESS OF BUYING AND SELLING REAL PROPERTY
Phone
(872) 222-6673
services@legacytitleserv.com
Office
1 South Dearborn St. Chicago, IL
Hours
8am – 5pm
Available For help You
We Offer Title & Escrow Services
When you need title insurance, closing and escrow services, or assistance with filing real estate documents, work with a company you can trust to be efficient and thorough. At Legacy Title Services & Associates, we are meticulous in our documentation. Our experience shines through in the work we complete for our real estate clients, and with over 300 years of combined experience we are confident that we will provide the best service available.
TITLE SERVICES
Title Insurance
A comprehensive search is completed and a Commitment for Title Insurance is issued. Once all requirements on the Commitment are met, the Owner’s Policy and/or Lender’s Policy will be issued.
Letter Reports
A deed forward search is completed and a written Letter Report is issued. The Letter Report search includes liens such as mortgages, judgments, and tax liens, but does not include a search on covenants, restrictions, easements, etc.
SETTLEMENT, CLOSING & ESCROW SERVICES
Our closing team handles the files from the time the Commitment is issued through recording of the Mortgage and/or Deed after closing. Their process includes obtaining payoffs, prorating taxes, preparing documents for signing, compiling information for buyer and seller statements, working with the lender to balance the Closing Disclosure, and coordinating signing times and locations with all parties.
CONSTRUCTION DISBURSMENT
Our construction team works with homeowners, contractors, and lenders on any construction project from residential home remodels to large commercial spaces. The construction coordinator arranges site progress photos as required by the lender, disburses construction funds to the contractor and/or subcontractors, collects lien waivers, and completes annual 1099-Misc. reporting.
DOCUMENT SERVICES
Legacy Title Services & Associates, can handle the recording of official documents at any Register of Deeds offices in United States.
Anywhere, Anytime
Our online ordering system makes it easy to place an order or request assistance from anywhere, 24 hours a day. We’re here to serve you and want to make it as simple and convenient as possible.
From Start to Finish
Our trained professionals work with you at your pace to handle every detail from start to finish.
Serving the Entire United States
Our network of collaborators allows us to solve any transaction anywhere in the United states.
Advantage
We have the knowledge for Dealing with Domestic and International Acquisitions
You’r Best Choice for
Title & Escrow needs
Service isn’t just our name, it’s our mission.
There is no substitute for expertise, tradition, and values.
At Service Title, the real estate industry is our specialty.
Our years of service and expertise in the market are second to none.
It’s who we ARE. It’s what we DO. Let Service Title serve YOU!
Tried, true, and here to Serve you with two Escrow Officers at each of our three locations.
Rate On service
experience years
%
Satisfaction
What We Do for You
Title Services offers a full spectrum of real estate title and closing services. We are committed to tailoring our services and products in a way that best suits the specific needs of our customers. Whether you desire a complete closing and title solution from start to finish or a portion of that complete solution, we are happy to help however possible.
Real Estate Forms
Legacy Title Services help you to solve any doubt you have about the forms of real estate.
Business Documents
Legacy Title Services can handle the recording of official documents at any Register of Deeds offices in the State of Wisconsin.
Escrow Service
Legacy Title Services has the best escrow officers that can help you with your needs
Quick and EASY
How It Works
Our team has extensive experience in providing title insurance and real estate documentation. We pride ourselves on our commitment to accuracy and serving our clients’ unique needs. We know how difficult buying or selling real estate can be, and we are dedicated to making the process easier for you.
low Fees
You Don’t Have to Break the Bank to Be in Good Hands
- Buy.
- Sell.
- Advisory.
- Management.
- Finance.
Call For a Free Consultation
Find out more about what Legacy Title Services & Associates can do for you.
Service Areas
We Serve The Entire Country
From the first contact, all the way to the final signature, our staff will constantly cater to your needs in a fast, courteous and professional manner.
“.”
—Adam Jones
F.A.Q.
Common Questions
What is Title insurance?
Title insurance provides coverage for certain losses due to defects in the title that occurred prior to your ownership. The seller can give you only those rights that have been previously received by him/her with good title. Title insurance protects against such prior fraud or forgery that might go undetected until after closing and possibly jeopardize your ownership and investment.
when are premiums due?
There is a one-time premium which is paid at the closing of escrow. It is customary for the seller to pay for the Owner’s Policy. If there is a new loan, the buyer pays for the Lender’s Policy
What if there's a problem and I have to make a claim?
Not at all. At the mere hint of a claim adverse to your title, you should contact your title insurer or the agent who issued your policy. Title insurance includes coverage for legal expenses which may be necessary to investigate, litigate or settle an adverse claim.
Why do i need title insurance?
When you buy a home, or any property for that matter, you expect to enjoy certain benefits from ownership. For example, you expect to be able to occupy and use the property as you wish, to be free from debts or obligations not created or agreed to by you, and to be able to freely sell or pledge your property as security for a loan. Title insurance is designed to cover these rights you bargain for.
What does it cost?
The cost varies, depending mainly on the value of your property. The important thing to remember is that you pay only once for an owners policy, then the coverage continues in effect for as long as there is no change in ownership. If you should die, the coverage automatically continues for the benefit of your heirs. Likewise, if a buyer gives you a mortgage to finance a purchase of covered property from you, your coverage continues to protect your security interest in the property.
Why do I need an owner's policy if the lender is getting a policy for the mortgage?
The lender’s policy covers only the amount of its loan, which is usually not the full property value. In the event of an adverse claim, the lender would ordinarily not be concerned unless its loan became nonperforming and the claim threatened the lender’s ability to foreclose and recover its principal and interest. And, in the event of a claim, there is no provision for payment of legal expenses for an uninsured party. When a loan policy is being issued, the small additional expense of an owner’s policy is a bargain.
What are the types of claims or risks covered by Title Insurance?
There are two different levels of coverage: Standard Coverage and Extended Coverage.
Standard Coverage handles such risks as:
• Forgery and impersonation
• Lack of competency, capacity, or legal authority of a party
• Deed not joined in by a necessary party (co-owner, heir, spouse, corporate officer, or business partner)
• Undisclosed (but recorded) prior mortgage or lien
• Undisclosed (but recorded) easement or use restriction
• Erroneous or inadequate legal description
• Lack of a right of access
• Deed not properly recorded
• An Extended Coverage policy may be requested to protect against such additional defects as:
• Off-record matters, such as claims for adverse possession or prescriptive easement
• Deed to land with buildings encroaching on land of another
• Incorrect survey
• Silent (off record) liens (such as; mechanics’ or estate tax liens)
• Pre-existing violations of subdivision laws or zoning ordinances
Convenient
Real Professionals
Legacy Title Services is a full service land title company that researches, insures, and closes both commercial and residential real estate transactions in all United States Indiana. Legacy Title Services has a convenient and strategic coverage around Unites States.
Official
Licensed & Insured
The most important part is knowing that the company you are dealing with is registered in the national system and fully insured against any unforeseen event
Trusted
Satisfaction Guaranteed
Legacy Title Services & Associates is the national leader in title insurance. We look foward to working with your bussines to provide best in class support for all your commercial or Residential Real Estate transaction.
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