Search current date backward from present title holder and last deed for consideration, to find a warranty deed or other arms-length transfer on the subject property.

This report involves a detailed title search on the last two owners in the chain of title of the subject property. Report details like vesting deed, current tax status, county assessment information, open mortgages, active judgments, active liens and legal description. Historical searches can be done for up to 30 years.

Detailed Full Title search on Current and Previous owners.

The search should include all names in the chain of title and should report liens and judgments for all owners, current and past. The names must be run for general liens, such as judgments and federal tax liens, for the full statutory period applicable for the state.

In addition, all defects, liens, and encumbrances specifically referred to in the documents revealed in the search must be reported as exceptions, unless properly disposed of. Includes searches related to property lien, easements, CC & Rs-covenants, conditions and restrictions, agreements, and resolutions and ordinances that affect real property.

We also do historical searches up to 50 years depending state criteria for additional pricing.

Property address and location information, full legal description as per deed, tax status and vesting information.

Latest vesting deed and any open mortgages on the property.

Lists of active liens on the subject property and Judgments on an individual.

Detailed search on the current and prior owners on record, conditions, covenants and restrictions, easement restrictions, any active liens and judgments, exceptions and requirements that affects the issuance of the policy.

Update run or search on the subject property from the date of last search to the latest effective date and report all postings during this period.

City lien searches confirm whether or not there are any issues or liens attached to the property in question at city/ local level. RTS Inc., reps email/ call/ fax the appropriate county or city officials and confirm the current status of the property. This final search is usually performed a week or two prior to closing, gives buyers and lenders the confidence that all issues have been addressed and they’ll avoid inheriting any unknown liabilities before they purchase the property. Types of information collected.

Open/ Pending/ Expired Permits.

Code Violations/ Liens.

Utility Account Balances.

A Preliminary Report is generated by conducting title search for current ownership, outstanding deed of trusts, mortgages, liens, easements, covenants, agreements, restrictions, and any defects, etc..

Search packet contains the chain of title prepared by doing a title search. A search packet will contain the chain of title, Full Value Deed, Taxes, Maps. This will be used as a base for preparing the Prelim or commitment report

Key data on the title production system from the title abstract in order to prepare the commitment report.

Abbreviated prelim is prepared by examining the search packet and is keyed into the production system. The only differentiator from a full prelim is that these products are prepared with/without the use of a starter.

Full prelim is prepared by examining the search packet and is keyed into the production system. These reports will need a starter for all orders as the easements, CC&R’s and Leases are reflected.

Keying the exceptions and other details in order to prepare the ALTA policy document.

Calling to verify current and delinquent tax information on a property.

Determine the current status of real estate taxes against a property Report includes:

Parcel Identification Number.

Tax year.

Tax Period (annually or installments).

Tax ID#.

Date Paid and the Amount.

Delinquent taxes.

Assessed Value.

Homestead Exemption.

Building and Land value.

Upon receipt of the borrower’s authorization, we will request payoff from the financial institution and track the turnaround time. We will notify you when we expect the loan payoff or in case of any circumstances that would delay the payoff or actually attaching the same in your software.

We prepare HUD settlement statement based upon lender’s closing instructions and the requirements of the title insurance commitment. We will provide the preliminary HUD settlement statement to the lender and/or investor for approval prior to the physical signing, if necessary. We use the closing instructions provided by the lender to the Title Company to complete the statement overnight.