Questions about Finding a Chicago Title Company

[Elliot Erickson]

Hello, My partner and I are about to put a probate situation under contract and have buyer lines up as soon as the seller signs. I've been looking for a title company that can close double escrow in Chicago. What are good questions to ask? What information do I need to bring with me? Would someone be able to walk me through what the process should look like? Any referrals in the Chicago area? Big Thanks!

[Eric M.]

First of all, if there is a C lender, it definitely make the back to back closing much less likely to be accomplished.  Most transactional deals are with cash C buyers.

However in Jeff's scenario where the C lender/buyer backs out right before the BC closing, the title agent is able to unwind the AB transaction as if it never happened.