Reverse Exchange | Morgan County Abstract Company | Cass County Abstract Company

Midwest Realty Exchange, LLC is a real estate exchange company for reverse like-kind exchanges under Code Section 1031 of the Internal Revenue Code. MRE takes title (for a limited period of time) to property that the taxpayer wants to buy with sale proceeds from a property he wants to sell. If he sells the property first then he can roll that money into the property he wants to buy (doing what is called a deferred like kind exchange) and avoid capital gain tax. However, if he has to buy the property he wants before he sells, then it does not work unless he does what is called a reverse exchange. <image>

COMPLETE CLOSING ENTERPRISE

Complete Closing Enterprise from RamQuest is the industry's leading software package that enables us to prepare title insurance commitments and policies that are right for your transaction. Additionally, it offers the opportunity for you to monitor the status of the closing documents as they are prepared in real time.
Once you have an account, you can view, print and track the title production and closing process for any files that you are involved with. Email Amy Coats at acoats@titleco.biz to set up your login and password today.

230 West State Street • Jacksonville, IL 62650
ph 217-243-7432 • fax 217-243-8409
mcac@titleco.biz

138 East Beardstown St. • Virginia, IL 62691
ph 217-452-3118 • fax 217-452-3171
ccac@titleco.biz

46 S Hill Street • Winchester, IL 62694
ph 217-742-9014 • fax 217-742-0880
mcac@titleco.biz


210 E Douglas St. • Petersburg, IL 62675 ph 217-632-2351 • fax 217-632-7627 mcac@titleco.biz