In response to the many different claims on title defects, the Nationwide Title Clearing has decided to make the property reports available. Title defects have become common which has affected the real estate market.
A title is a right that a person has to a piece of property. When someone defects, this means that they have laid a claim on a piece of property that someone else is already in possession of. There are other factors that may make a title invalid which include;
ü Failure of documents to comply with the standards
ü Failure to increase a signature of a principle
ü Failure to follow the filing procedures
The Nationwide Title Clearing CEO said that it is important for someone to be cautious of the above-listed reason before the property can be transferred.
The firm has opted for the option of making the property reports. This will help people in the smooth transition when it comes to property ownership. This will also reduce the risk of foreclosures and the land defects. The different reports that the firm have made available via the online ordering include;
v Tax status report
v Tax status plus report
v Current owner report
v Assignment verification report services
These reports are based on research that is conducted through the different land records. They do use multiple sources to collect the information that they need.
This is a research-based service provider that was established in 1991 in Palm Harbor Florida. It is privately owned document processing firm. The mission of the company is to deliver accurate documents processing and quality research services. The aim of the company is to protect the homeowners by providing the necessary information. Their services have also assisted the mortgage banking department.
They offer their services to different people including; mortgage lenders and investors. They also work with ten different residential services in the country. This is a firm that operates five different building Campus. The company was first based in California and later relocated to Palm Harbor in 2002.
They have achieved great success, and they currently have 450 employees. They are also expanding their services to Dallas Texas. The firm attributes its success to their ability to understand their clients’ needs and also anticipate the end result. They also make sure that they customize the property reports according to what their clients need.