In recent years, false titles, have become a major concern in the real estate industry. A title that has problems can lead to a host of problems for everyone involved in the sale. Nationwide Title Clearing has stated, property records are imperative to ensuring a smooth transfer of title and decreasing the risk of a buyback or the inability to foreclose.
In most cases, a title is defective when a person or entity claims a property they do not own. Some of the other reasons why a title might be declared defective are issues such as liens and other obstructions not removed or improper filing procedures.
Nationwide Title Clearing, Inc. has answered the issues mentioned by updating their website to make property reports available online. Interested parties can get the following reports from NTC via online ordering, assignment verification report, current owner report, tax status report, and a tax status (plus) report. The goal of NTC is to provide a simple, fast and easy process, of getting property reports. These reports based on actual land records researched by NTC are available for any residential property in the country. NTC collects data from a variety of sources but mainly from the counties themselves. By combining automated resources with human verification, NTC can service lenders in the United States with accurate results that meet the requirements of today’s highly regulated compliance regulations. NTC understands what their clients need and will customize their property report with the correct data.
Founded in Palm Harbor, Florida in 1991 Nationwide Title Clearing provides research and document-processing to the residential mortgage industry. Privately owned, they are an industry leader, serving eight of the top ten residential mortgage providers in the country. NTC recognized for providing highly accurate research and quality document processing that has set the industry standard. NTC is not only servicing homeowners and mortgage bankers they are helping preserving the nation’s land records.
NTC can fulfill county document requirements for every recording jurisdiction in the United States; there are now close to 3,600 domains. Because of the variety of services offered and their contribution to the mortgage lending industry NTC has expanded quickly. Ranking number 26 on a list of the 50 fastest growing companies in Tampa Bay. Not only are they one of the fastest growing businesses in Tampa Bay NTC currently ranks number 1900 on a list of the 5000 fastest growing companies in America.