A New System For Title Defects

Title defects can be a costly problem for anyone working in real estate. The stagnation and delays are only some of the problems defects cause. They can present as a wrongful foreclosure making what would have been a simple process anything but. Being able to have the most accurate data possible is very important to anyone working in real estate today. The launch of their new and updated website is good news for clients of Nationwide Title Clearing, Inc. They are now able to check property reports on line. Being able to identify and correct title defects in advance to make the process smoother benefits clients. While many title defects are the result of simple human error, others are not.

 

One of the more common title defects are not having the correct wording in a document, causing it to fail to comply with the standards of the area. Sometimes one party, usually a spouse, has not signed a real estate document. It the title to the document is not free of liens or encumbrances it will not be marketable. These are usually situations that can be cleared up ahead of time if the client knows about them. More serious problems occur if one person lays claim to a property owned by someone else.

 

Being able to check property reports online is a valuable tool for anyone interested in real estate. By being able to identify and then correct title defects in advance helps the transition become a smoother process. Nationwide Title and Clearing, Inc. now can allow their clients to order Assignment Verification Reports, Current Owner Reports, Tax Status Reports, and Tax Status Plus Reports. As well as Ownership and Encumbrance reports. All online with real time data to ensure the most current information available. Tier use of multiple sources ensures that the data they offer is the most current. Their customized reports are designed to help their clients save time and money when making property decisions.

 

Nationwide Title Clearing, Inc. is based in Palm Harbor, Florida. Founded in 1991 the privately-owned company has risen to be the leader in the residential mortgage industry. Of the top 10 mortgage lenders, investors, and servicers eight are with Nationwide Clearing, Inc. They specialize in providing assignment services, land records, lien release services, property records, and other customized business solutions.

Learn more: http://www.inc.com/profile/nationwide-title-clearing

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