Title defects are among the major problems plaguing the real estate market. These defects not only hinder the smooth transition of assets in the secondary market but also lead to wrongful foreclosures. They usually arise when two or more entities lay claim to one property. However, they may also be caused by other factors such as wording and filing mistakes.
Fortunately, title defects are avoidable and can be corrected if they are identified beforehand. This is, in part, thanks to the new measures taken by Nationwide Title Clearing, Inc.
Easy and Quick Access to Property Reports
Nationwide Title Clearing, Inc. has made it easier and quicker to access reports about residential properties throughout the U.S. The reports offered pertain to: Tax Status, Tax Status (plus), Assignment Verification, and Current Ownership and Encumbrance.
According to CEO John Hillman, the reports are backed by comprehensive research from existing land records and other official records. Additionally, human verification is included for accuracy and precision, and automation is utilized to make the reports easily and quickly accessible.
However, customer satisfaction does not end with accuracy as highlighted by NTC. For instance, the firm also takes into account the relevance of data and presents only the necessary data to save its clients unnecessary costs. What’s more, the firm utilizes its experience with its clients to customize reports based on individual clients’ needs.
Nationwide Title Clearing, Inc. – A Brief Overview
Nationwide Title Clearing, Inc. is a leading research and document-processing service provider that mostly focuses on the residential mortgage industry. It is a privately-owned company based in Palm Harbor, Florida. It was founded in 1991 and today boasts of over 25 years of experience in the U.S. real estate industry.
As a testimony to its success, NTC serves eight of the ten leading residential mortgage service providers in the U.S. It also won 2013’s Inc. Hire Power award for creating employment opportunities for Americans. The is growing even bigger at a fast rate as it was ranked favorably not only in Tampa Bay but also the U.S. as a whole. What’s more, it is expanding its physical reach in the U.S. as it is set to open a new office in Dallas, Texas.