Will making land reports accessible eradicate title defects?

The real estate market, over the last few years, has become increasingly concerned with the problems caused by title defects. Such problems include wrongful foreclosures, and stagnation of asset transition in the secondary market. To achieve clear title conveyance, NTC is moving to revise property records, since it believes that this could minimize this menace.

The service provider for financial and mortgage industries has revamped its website. The updated version allows property owners to access documents that NTC considers crucial during title conveyance. They include:

– Current Owner Report

– Tax Status Report

– Assignment Verification Report Services

– Tax Status (Plus) Report

The reports listed above have been made available so that owners can verify whether they can be legitimately viable during title conveyance. The owners have the responsibility to check for the following requirements in the documents:

– Do the wordings comply with standards set by the area that the real estate is in?

– Have all signatures that are important for title conveyance, such as your spouse’s signature, been appended on the reports?

– Were the correct filing and recording procedures followed as the reports were being recorded?

– Have the errors that had previously been noted removed?

Such are the things that could cause title defects. NTC hopes that, by making the reports available, property owners will make connections wherever needed.

The CEO of NTC, John Hillman, states that this is another move to improve the firm’s service delivery. Hillman emphasizes that their property report can be accessed by any residential property in the country. This will bring them closer to their goal, which has been to make the process of securing the reports fast and simple.

NTC is known to produce accurately processed documents, as the information they get from their research, mostly from the counties, are reliable.

 

About Nationwide Title Clearing Inc.

NTC is a post-closing service provider that has ventured into the residential mortgage industry to offer professional document processing services. With over 80% of renowned property owners under the company, it is the biggest firm of its kind in the country. Its CEO, John Hillman, attributes NTC’s success to its accurate research services, and advanced document processing that meets client requirements.

The company, through its CEO, recently opened another branch in Dallas, the first ever establishment apart from the main facility in Florida. Based in Dallas, Texas, the new facility will serve as a disaster recovery center, with full infrastructure that supports data backup. Hillman stressed the importance of the Dallas establishment, mentioning that it was important for their customers to believe in them, even in the case that anything disrupts regular flow of services in the main offices.