How to perform U.S. ASSET recovery and JUDGMENT collections


Why do a title search – collecting on judgments?

Evaluate the scenario and decide what your questions and concerns are.
Are you buying a home or commercial building? Refinancing?
Selling? Are you concerned about possible liens that were recorded but
not released?
Do you have a judgment against someone? If yes, do
you know how you will recover the judgment? If not, do you know if the
judgment debtor owns property in your state? In another state?
Are you doing market research because you’re thinking about buying?
Do you have legal questions? If you have legal questions,
consider consulting a real estate attorney before making a decision about
what your needs are. Most title researchers are not attorneys and
cannot give legal advice or legal opinions.

Consumers typically order the Full Lien Report to understand the condition of
the property, for various reasons. Some buyers prefer to know what is owed
on a property before making an offer or a counteroffer. Some homeowners
simply want to view the lien report for their property and to see lien status or
know that there isn’t something on there that shouldn’t be. Lending
institutions use the lien reports to underwrite loans using the subject property
as collateral for the loan. Plaintiffs and attorneys use the Full Lien
Report Plus (which includes valuation comparables based on all recorded sales)
to estimate the value and the equity for judgment recovery purposes.
Homeowners use the Full Lien Report to estimate the value and equity, and then
using those figures, estimate the list price and what they might expect to net
from a sale.

We do not feel that all “people need to use property title searches.” The
personal benefit depends on a person’s or entity’s wants and needs. Our
clientele includes soon-to-be-homeowners, current homeowners, investors,
businesses, financial firms, lending institutions, and law firms. Our
clients use the property records and lien reports to research and evaluate a
property’s status, property data, title condition, and transaction history, to
make informed decisions and calculated offers. The bulk of our clientele
wants to know who owns a given property and how much is owed on the
property. Homeowners, or other interested parties, also order the Full
Property Report to view any foreclosure activity on the property whether there
is a Notice of default to a bank (pre-foreclosure) or bank-owned





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