Nationwide Title Clearing is one of the most popular providers of support services for the real estate industry. Despite the fact that they always strive to offer excellent services, there are times when issues like title defects happen. The company is trying to address this issue using the best ways they can manage, and one of the ways has been creating an online portal where ordering takes place. The issue of title defects has been thorny for some of the clients because it has led to consequences such as foreclosures. The title defects have also complicated the efforts of transmitting property from one person to another.
The Nationwide Title Clearing Company has responded to the claims by revamping their website. They stated that it is vital for proper records on the property to be kept especially where the conveyance of the title will have to be done at some point. They added that when the buyer gets all the relevant documents, such as the title deeds, issues such as foreclosures and buybacks will not happen often. The website, which went live a few months ago, has made it possible for customers to access all these documents.
Combinations of factors usually lead to defects on the titles. There are cases where people try and lay a claim on property that does not belong to them at all. The second case scenario is where a person makes a mistake when writing the document. In yet another case, the document may fail to comply with the standards of the particular area and lastly, there are those cases where documents need more than one signatory, but one of them does not append their signature to the document.
These issues have been common in the past. There have also been cases whereby the property had previous liens and encumbrances. The creation of the online portal is to not only provide these relevant documents but to also offer information on the entire history of the property. Other information accessible on the site includes tax status reports, verification reports after assignments and information regarding the current owner of the property. The company states that all the information shared on their site is verified.
Nationwide Title Clearing
Nationwide Title Clearing is a privately held company. It mainly deals with the processing of real estate documents. The company has been operation since 1991 and has their headquarters in Palm Harbor, Florida. They are a great asset to property owners.