Nationwide Title Clearing, Inc. has responded to action calls concerning title defects through making the real estate reports accessible through their online platform. According to their press release with the Palm Harbor, the title defects have affected many real estate buyers in the past few years. For this reason, some people feel that they contribute to the stagnation of what should have been a seamless transaction.
According to Nationwide Title Clearing, Inc. leaders, real estate records reduces the buyback foreclosure inability and a clear title conveyance. Nationwide Title Clearing, Inc., therefore, has taken steps to be the leader in document-processing and research activities for the financial industry and mortgage. Nationwide Title Clearing, Inc. has also taken steps to make the purchasing process simpler. For this reason, the company has updated their online website to make the real estate reports available.
While these defects occur when the entity of a person lays claim to a real estate investment owned by a person, they also have an inclusion of the following factors that render the titles invalid. They include:
- Failure to include a signature of a transaction’s principal party such as the spouse.
- Simple wording issues in the document that has no compliance with the area’s property standards.
- Previous liens and other numerous encumbrances have not been removed
- Failure to follow filing or recording procedures when recording property documents
For all the reasons stated above, according to the CEO of Nationwide Title Clearing, Inc. John Hillman, the defects must be addressed before selling the property. For this reason, you will assist the revolving mortgage industry to conduct its business in a seamless manner. According to Nationwide Title Clearing, Inc., they have the following real estate reports on their new website:
- Tax Status Report
- Assignment Verification Report Services
- Current Owner Report (Encumbrance and Ownership)
- Tax Status (Plus) Report
The CEO of Nationwide Title Clearing, Inc., John Hillman, said that the company has made it its purpose to provide a step-by-step and fast process of securing the real estate reports. According to Hillman, the company’s real estate reports are based on a conducted research that is accessible from land records for any real estate investment in the country. The nation’s has an automation process, together with human verification, which is a practice that has given Nationwide’s success.