Nationwide Title Clearing Inc. Effort in Controlling Title Defects.

Nationwide Title Clearing Inc. is a private company based in Palm Harbor. The Florida firm boast of offering the best document processing services for all players in the residential mortgage industry. It delivers the most accurate research finding and top notch document processing. Through the years, its contribution to the industry has been notable as it has:
• Served eight of the best residential mortgage servers, lenders and investors
• Protected homeowners from negligible malpractice
• Assisted mortgage banking with research and vast statistics for loan processing
• Preserved national land records
The firm has the capacity to track county documents in about 3,600 varying jurisdictions. The capacity stems from its specialization in provision of land records research, lien release services, and other custom solutions. Through its steadfast solutions to vast mortgage issues, the company is exponentially expanding and has even won several prestigious awards, the most notable being the Inc. Hire Power Award. It won the word for two consecutive years. If it does win another award, it will be because of its efforts in resolving the current plight of title defects.
Impact of Title Defects on Property Trade
Title defects have increasingly caused headaches to many investors and homeowners. This ownership glitch has caused many wrongful foreclosures of property. It has hampered the easy transition of assets. If not addressed, the concept of title defects could discourage investors, lenders and homeowners from indulging in commercial real estate activities.
Causes of Title Defects
• The major cause of title defects is the action of entities claiming property that belongs other entities. In most cases, such claims result when such entities buy property from fraudsters without following due process and emphasis on due diligence
• Defects in document processing where simple issues occur with wording
• Exclusion of indulgence of crucial parties to certain transactions. Common cases include a person signing off property without getting the spouse to sign
• Failure to remove previous liens and encumbrances
• Improper filing or recording of real estate documents
Input of Nationwide Title Clearing Inc. in Remedying the Problem
The company launched an updated website to assist real estate parties in looking the up status of documents in contrast to legal requirements in respective jurisdictions. It has made property reports readily available to anyone who orders them online. Some of the reports available on the website include:
• Tax Status (Plus) Report
• Assignment Verification Report Services
• Tax Status Report
• Current Owner Report

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Learn more:

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

Nationwide Title Clearing Opens Dallas Office

One response on “Nationwide Title Clearing Inc. Effort in Controlling Title Defects.

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