Comment on Real Estate Investor Quick-Guide to U.S. Title Records Online Title Research and Property Record Services by Andreas Benavente

In reply to Jessica.
1:57 PM (1 hour ago)
to me

Hello and thank you for your inquiry. It would depend on what type of deed was recorded and/or whether a title policy was issued at closing. We would recommend the Full/Owner Property Lien Report which will reflect all recorded liens against the property and the previous owner.

Once you receive your report, please review the highlighted bankruptcy and judgment/lien sections (if any) of the report (or all three sections in each report, if there are multiple reports) that may be relevant to the subject property. If the subject property was and/or will be purchased/sold conventionally or at auction, please verify all report information and ensure that all property and/or personal liens against the current owner and/or pre-foreclosure owners, if any, were discharged in bankruptcy, satisfied, extinguished in foreclosure or otherwise resolved to ensure clear title. Please note that (1) In some cases certain types of liens should be included in the opening minimum bid at auction, but are not and later form a title cloud; and (2) Quit-claim, Bargain and Sale and certain other types of deeds do not guarantee clear title to the new owner.

Please let us know if you have questions or need more information.

Thank you,

Jeannie B.
Client Services

Please be advised that Information and data provided by U.S. Title Records does not constitute a title insurance policy, title commitment and/or guaranteed condition of title. U.S. Title Records does not provide legal advice, therefore no communication or statement of any kind made by any U.S. Title Records representative shall be construed as legal advice. If you need the advice of an attorney, please make a request and you will be referred to one of our preferred certified real estate attorneys in your area. CONFIDENTIALITY NOTICE: This message contains information which is or may be confidential. Unless you are the intended addressee (or authorized to receive for the intended addressee), you may not use, copy or disclose to anyone the message or any information contained in the message. If you have received the message in error, please advise the sender by replying to this message and delete the message thereafter. If you were referred to us, please consider sharing your feedback with the individual or entity that referred you. U.S. Title Records operates by the power of referral. Thank you for your business and please let us know if you have questions or need additional information.

Source: Question/Answer

Leave a Reply