Buying a home can be a stressful time. You simply may not have the time to even think about what happens to your private information after your transaction is complete. What many do not know is that once a buyer purchases a home, their ownership information goes on the public record and is posted on the internet. The information on the deed (ownership structure, purchase price, address and mortgage information) becomes a permanent part of the public record, and websites publish this information for their own business purposes. Your personal and financial information is out there and can be seen by anyone with an internet connection.
Chicago Title Land Trust Company has a solution. Land trusts are a simple and affordable way to keep the details of your transaction private. Due to the broad reach of the internet, land trusts have become a necessity for every home buyer concerned about privacy. We would be happy to walk you through the process of setting up your land trust, or directing you to an attorney that can help. You are welcome to contact us any time at (312) 223-4110