HomeStar Title Company offers a complete line of services. From production to training, we have many options to suit your needs.

Production

We provide title commitments and lien searches for residential and commercial real estate transactions.

Title Commitments

Primarily used for purchase and refinance transactions, a title commitment is an extensive report on a specific parcel of land for at least the previous 60 years. Title commitments insure coverage against defects in the chain of title, fraudulent documents, and clerical errors up to the amount of the policy. The report includes:

  • Titleholders
  • Legal description
  • Open mortgages
  • Tax information
  • Easements
  • Restrictions or agreements that affect the property
  • Probate matters
  • Eminent domain proceedings
  • Judgments
  • Covenants
  • And more…

Lien Searches

Mostly used for second mortgages or home equity lines of credit, a lien search provides a brief report covering the current titleholders on a specific parcel of land. Lien searches are inexpensive reports and allow for quick turn around time.

Training

We provide basic title and closing procedure training to real estate agents, assistants, and legal secretaries. We provide this training to you at no cost to expand your knowledge and increase your efficiency in the following areas:

  • Ordering Title Work
  • Understanding Your Title Commitment
  • Title Exceptions
  • Clear liens or encumbrances
  • Reading a Closing Statement:
    • HUD/RESPA Statement
    • Cash and commercial closing statements

We provide training at our Bradley office or any of our other closing locations. We can also come to your office for a special training session, if this is more convenient for you and your staff!

Closing Services

Upon scheduling your closing, you are assigned a closer who will coordinate with all parties to streamline your closing experience. We work closely with all local and nationally recognized lenders. Our technology allows us to receive closing documents electronically, giving our closers the ability to print new documents remotely when last minute changes are a necessity.

 

Construction Services

We offer construction escrow services are for residential and commercial properties in Kankakee, Iroquois and Will counties. This service includes disbursement payouts, and mechanic lien waiver examinations. Our construction escrow administrator can meet with you to explain the construction payout process. As each construction draw is made, the administrator will be in contact with the borrower, lender, contractor, and sub-contractor(s) to expedite the process. Construction payouts can be picked up at any of our closing locations with prior arrangements.