Title Defects No Longer a Challenge- Nationwide Title Clearing Has a Solution

The revamped Nationwide Title Clearing’s website has come up as a major relieve to property buyers and sellers. The firm revamped its website to respond to the growing demand for online ordering services. After several calls regarding issues on title defects, the firm has now made property reports online. For years, title defects have been the major concern in the real estate industry.

 

Title defects cause unnecessary foreclosures and stagnation of a process that could otherwise be smooth. Developing the online system will mean that title conveyance will be done easily at a reduced risk of buyback and foreclosures will be eliminated. The leading provider of research and document processing services for the financial and mortgage industry, NTC, believes that property records have the potential of ensuring a smooth transition.

 

Title defects are common in events whereby an individual or an entity claims that the property is owned by somebody else. The defects are caused by issues such as wording errors that don’t comply with real estate standards and failure to include a crucial signatory. Moreover, issues concerned with prior liens and failure to follow all filing procedures are major concerns in the real estate industry.

 

Nationwide Title Clearing believes that addressing title defects before transferring the property is essential. The online services available at the firm’s website include tax status reports, current owner report and assignment verification reports. These services ensure that the client can secure property reports in a quick step-by-step process.

 

NTC obtains the data from various sources including the counties. The process includes automation and human verification, a practice that has earned NTC the ability to competently service some of United States largest lenders. Full understanding of the end client needs has been the primary factor driving the exemplary success at Nationwide Title Clearing.

 

About Nationwide Title Clearing

 

Nationwide Title Clearing is an award winning post closing service provider for the residential mortgage and financial industry. The Palm Harbor based firm was founded in 1991 and has since then grown to become the leading and most trusted company in the real estate sector. The company’s mission is to ensure that homeowners are protected through the provision of high quality and accurate research and document processing.

 

NTC services mortgage lenders, investors and servicers, including eight of the 10 largest mortgage service providers in the U.S. The firm specializes in providing property report, land record records, final document tracking, liens release services and other custom business services.