Different levels of service to suit different needs
Full Title Search
A full Title Search provides an easy to follow breakdown of ownership information, open mortgages, mortgage assignments, liens, judgments, foreclosure judgments, bankruptcy search results, easements as well as tax payment status. This search is insurable and guarantees the chain of title.
Vermilion County Title provides 2 types of escrow services. VCT acts as an escrow agent for the closing of Real Estate transactions. All required documents to lawfully convey the property to the buyer will be provided to VCT by the seller and the buyer will provide the funds needed for closing. Once all conditions of the transaction have been met, title will be transferred to the buyer and any funds owed to the seller will be disbursed.
VCT is also able to act as a 3rd party escrow agent to hold documents in escrow in an installment contract situation.
A Title Report provides a search of the public records from the last recorded deed to the present day. This is a less thorough search and is not insurable. A title report will show the grantee from the last recorded deed and would show the status of the real estate taxes on the property, as well as any recorded Mortgages, Judgments or Liens filed against the property.