Investor friendly title company in Chicago for Subject-To

[Sam Hudacek]

Hello all,

I am located in South Dakota but I am currently in the process of trying to close on a subject-to property in the Chicago suburbs.

This will be my first subject-to so I am unfamiliar with the process and am currently looking to find an investor friendly title company in/near chicago that can help me close with a subject-to.

If anybody has any recommendations for a title company and/or the sub-to process it would be greatly appreciated!

[Jonathan Klemm]

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

[Hafeez Shaka]

Also looking at this. Any attorney recommendations? 

[Sam Hudacek]

Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!

[Jonathan Klemm]

Hi @Hafeez Shaka - I've got a solid attorney that works directly with the investor title company.  Feel free to shoot me a message for contact details.

@Sam Hudacek - I always say I dont "recommend" any handymen because none of seem to stay consistent over time, but happy to give you a few numbers of guys we have used that do a decent job.

[John Warren]

@Sam Hudacek nice work locking up a deal. 

Are you going to self manage or hire a PM? I would be careful running a rehab remotely, especially if you plan to use handymen and sub level guys. 

[Sam Hudacek]

Quote from @John Warren:

@Sam Hudacek nice work locking up a deal. 

Are you going to self manage or hire a PM? I would be careful running a rehab remotely, especially if you plan to use handymen and sub level guys. 

 Thanks! I will have someone I know who will manage for me. The property is remodeled, so not much work if any is needed, I just wanted to have people within reach if I needed repairs down the line.

[John Warren]

@Sam Hudacek the problem with this method is that the people you want to reach out to down the line won't pick up your calls! This is the relationship piece that is missed by so many. A "great" handyman only has so many hours in the day. They will work for the same folks over and over again and ignore incoming SOS calls. I would think this through carefully. At minimum, I would try to establish rapport with one handyperson so you have someone on call for when things go wrong. 

[Sam Hudacek]

Quote from @John Warren:

@Sam Hudacek the problem with this method is that the people you want to reach out to down the line won't pick up your calls! This is the relationship piece that is missed by so many. A "great" handyman only has so many hours in the day. They will work for the same folks over and over again and ignore incoming SOS calls. I would think this through carefully. At minimum, I would try to establish rapport with one handyperson so you have someone on call for when things go wrong. 

 Absolutely! I always have at least one back up for each contact in case of emergency.

[Joe Mende]

Quote from @Jonathan Klemm:

Hi @Hafeez Shaka - I've got a solid attorney that works directly with the investor title company.  Feel free to shoot me a message for contact details.

@Sam Hudacek - I always say I dont "recommend" any handymen because none of seem to stay consistent over time, but happy to give you a few numbers of guys we have used that do a decent job.

 Jonathan, can you DM me the attorney info?  I just found out that my usually attorney is not well-versed in Sub-To, and I'd rather have piece of mind with someone that's worked in that world a bit more, just in case something gets overlooked.

[Joe Mende]

Quote from @Sam Hudacek:

Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!

 Sam, how did you like working with that title company?  Did you already close?

[Sam Hudacek]

Quote from @Joe Mende:

Quote from @Sam Hudacek:

Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!

 Sam, how did you like working with that title company?  Did you already close?

I just closed today, they actually weren't as familiar with it as they thought they were, so I went through my attorney's title company who handled it perfectly.

[Jackeline Torres]

@Sam 

Would you please share your attorney who helped close your subject to deal in Chicago?

[Ulises Zermeno]

Quote from @Sam Hudacek:

Quote from @Joe Mende:

Quote from @Sam Hudacek:

Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!

 Sam, how did you like working with that title company?  Did you already close?

I just closed today, they actually weren't as familiar with it as they thought they were, so I went through my attorney's title company who handled it perfectly.

[Ulises Zermeno]

Hey Sam. I was wondering how it went with the subject to deal? I am looking for my first deal in the Chicagoland area and am trying to build my team. Would you have contact info for attorney? Have you done anymore creative finance deals since?

[Sam Hudacek]

Quote from @Ulises Zermeno:

Hey Sam. I was wondering how it went with the subject to deal? I am looking for my first deal in the Chicagoland area and am trying to build my team. Would you have contact info for attorney? Have you done anymore creative finance deals since?

 Hi Ulises,

The sub-to deal was through family so it was a little easier, I haven't closed another creative deal unfortunately, message me and I'll give you the attorney contact!