By Katie Agness
Chicago Title provides title insurance and closing and settlement services for the commercial and residential real estate and mortgage industries. With roots dating back to 1847 as Chicago’s first land title abstract company, Chicago Title has evolved and grown over the course of its history.
“By 1920, the scope of the company’s business extended beyond Chicago and soon reached beyond the state of Illinois,” says Charlie Valdes, president of Chicago Title Austin. “The company continued to grow nationally, and in 2000 Chicago Title merged with Fidelity National Financial, Inc., creating the pre-eminent company in the title insurance industry.”
As a member of the Fidelity National Financial family of companies, Chicago Title is part of the nation’s largest group of title companies and title insurance underwriters. “As a group, our underwriters issue more title insurance policies than any other title company in the United States,” Valdes says.
Locally, Chicago Title’s Austin presence covers the counties of Travis, Williamson, Hays and Bastrop. “We currently have nine locations to serve our customers throughout the Austin area,” says Valdes, who manages all facets of Chicago Title’s day-to-day operations in Austin. “We will continue to expand and grow as Austin and the surrounding area does.”
Whether working with home buyers and sellers or real estate professionals and lenders, the team at Chicago Title is committed to delivering the highest levels of real estate title and escrow services to its growing client base. “We work with the best of the best in all areas of real estate,” Valdes says. “Our team of professionals partners with the top real estate professionals, lenders, builders and attorneys throughout Texas and the nation. Our expertise in the industry allows us to offer a full suite of solutions to enhance our clients’ experience in each and every real estate transaction.”
While purchasing a home can often be a stressful process, Chicago Title ensures that its clients receive the highest level of customer service and expertise, making the transaction seamless and worry-free. “When you close with us, you can be assured that you are receiving policy protection that is backed by the most trusted, unparalleled financial strength in the industry,” Valdes says. “With a claims reserve of nearly $2 billion, you are guaranteed peace of mind with every transaction you close with Chicago Title Austin.”
In addition to quality customer service and expertise, Chicago Title is utilizing innovative technology and tools to transform the home buying experience. Currently, one of the biggest trends in the industry is Digital Transactions to include electronic signature and notarization, both electronic face-to-face as well as Remote Online Notarization. The digital transformation of real estate transactions provides a greatly improved customer experience, reduced costs, improved security and quicker follow-up. “Most states are enacting legislation that will permit a fully digital real estate transaction, and Chicago Title is excited and ready,” Valdes says. “Although there are many hurdles that need to be overcome, we are following the trends and are active with all participants. When the fully digital transaction is permitted in Texas, we will have the solution.”
Additionally, Chicago Title Austin has an extensive portfolio of tools and resources available to all clients. “No matter what part of the real estate industry they are involved with, we have products and services that cater to their specific needs,” Valdes says. “We also provide continuing education to our clients to keep them updated on the current real estate and mortgage landscape.”
While Chicago Title continues to evolve and develop new tools and technologies for its clients and partners, it is the company’s dedication to customer service that has enabled longstanding growth and success. “Locally, our team is made up of the best professionals in the area,” Valdes says. “We are always focused on being customer-oriented and motivated and we are passionate about providing the products, solutions and expertise our clients need for their success – and ours.” RL