Before selling a foreclosed property, it is important to review the full chain of title. We, at Flatworld Solutions, have extensive experience in ensuring this for our clients. Our foreclosure title resolution service is designed to provide foreclosure title and resolution services to lenders and credit unions.
We do this by carrying out extensive research of public records and matching it with the current title. This is enough to find the current liens on the property as well as establish if there are any conflicts with the title. To resolve the issue completely, we look into all relevant parties in the foreclosure action. This ensures that the foreclosed property has a marketable title i.e. a title that cannot be contested in future.
Why is it Important to Check & Resolve Title Issues before Property Foreclosure?
Sometimes a foreclosed property may have multiple owners. So, if all owners don't sign on the closing documents it may lead to title issues. Likewise, if the property has pending taxes or there is an outstanding judgement against it then property titles can get affected.
If it is found that the home to be foreclosed by the lender or real estate company is owned by multiple parties, then it is important to ensure that all owners must sign the closing documents at the time of foreclosure in order to complete the process. In a similar way, it is important to ensure that all delinquent taxes and outstanding judgments of the property to be foreclosed should be settled before a clear title is received. All this must be taken care of in order to resolve any issues with the title. Sometimes, title defects such as encroachment before the property are purchased get detected after the completion of the property sale. Such defects must be corrected in order to get a clear title before the foreclosure.
Outsourcing mortgage foreclosure title and resolution support services are the best choices because we have vast expertise in assisting with property title issues during the foreclosure stage. Our experts have end-to-end knowledge about all real estate and property laws and will provide you with the right title remedies. We review the title docs, the title policy, prepare real estate documents, and negotiate a resolution for you.
Mortgage Foreclosure Title and Resolution Support Services We Offer
As an experienced mortgage foreclosure title and resolution support service provider, our services have assisted our clients to manage title issues with greater efficiency and ensure a seamless transition in property names. Transparency is the hallmark of our service which is why we make sure there are no hidden issues throughout the process and also no hidden costs. Our services include -
Review Property Reports
As an expert foreclosure title and resolution company, we do a meticulous study of important property documents such as title insurance claims and title transfers. We go through each document to spot misrepresentation or inaccuracies that can flare into a major issue. Other things we look into are bank approval docs, encumbrance certificate, property tax slips. The entire exercise of property report review is carried out by title officers. All our title officers have wide experience in identifying discrepancies with property documents in general and title chain in particular.
Doc Management for Attorney Use
In the case of an attorney handling the title resolution case, we assist your attorney with all their document management requirements. Being a top provider of mortgage foreclosure title and resolution support services in India, we chip in to provide information related to the title search, title disputes, bank doc review, foreclosure process and send all the necessary docs. We assist your attorney coordinate with sellers, buyers, lenders, and other players like home inspectors, appraiser, surveyors, brokers, contractors etc.
Sales Closing Management
As a premium foreclosure title and resolution services company, we provide you with all the support needed during the sales closing process. During the closing stage of foreclosure, we provide reviewed records about the property title, and tax payments. This is to ensure that there are no hitches due to title issues during the foreclosure process.
A major feature of our service is fast and sound resolution. This is possible because we bank on a centralized solution to keep track of and resolve title issues.
Foreclosure Title and Resolution Support Process We Follow
Our experts have vast experience in managing all issues pertaining to property titles. They have end-to-end knowledge of foreclosure, bankruptcy, REO, legal and title and hence can tailor fast resolution for you. Besides, they specialize in collateral issues and coordinate with vendors and custodians as and when required. Our specialization also extends to providing support to the resolution of litigation matters, reviewing court documents etc. All our title resolution experts perform duties in keeping with state and federal laws and accordance with company policies.
Our title experts have strong time-management skills. They know how to prioritize work assignments in the most efficient manner. Besides they have a strong aptitude for evaluating and quantifying risk. We have dealt with foreclosure title issues that have a long winding process as per the law of the state. Our knowledgeable legal counsel can give you the best advice on title resolution matters. Our process is as follows -
We believe the best way to expedite the process is to do extensive title research followed by a quality check
We also check to see if there are any delinquent taxes on the property. If not, it would not be possible to carry out the foreclosure process
Even if the foreclosure happens the buyer which in this case may be the lender or real estate company will be responsible for clearing the taxes
Another aspect of our title resolution service is to confirm there is no "unknown spouse" who can become a claimant
We get in touch with the local utility company to find out if anything is owed. This is because utilities are unrecorded liens and can outlive the foreclosure title resolution process to impair the buyer's title
Why Outsource Mortgage Foreclosure Title and Resolution Support Services to Flatworld Solutions?
As a premier mortgage foreclosure title and resolution services company, we offer our clients excellent support to manage every title issue that can forestall a foreclosure issue. Our approach is to tailor a customized foreclosure strategy for every single case based on the complexity of the title issue. Once a strategy is finalized, we leave no stones unturned to get it resolved well before the actual date of foreclosure. Our title resolution services have assisted our clients to bring down all risks associated with the property foreclosure process. As a world-class foreclosure title and resolution services company, we provide our clients with numerous benefits. Some of these benefits include -
Expert Team of Professionals
A team of 1000+ mortgage professional's with-in depth knowledge of all key mortgage processes. We have a special team of title examiners with extensive experience in resolving issues with property titles and ensuring all title documents are up to date and accurate. Our foreclosure title resolution team consists of title resolution specialists, title examiners, and accredited underwriters with expertise in region-specific practices. This is precisely why our title resolution processes are free from all issues. Our services are particularly tailored for lenders, credit unions, title agents, trustees, attorneys, brokers etc.
Technology-Driven Processes
We bank on the latest technology to manage all title submissions and searches. This includes a centralized billing system to manage title searches, title details, and title transfers. Our automated platforms come with robust reporting functions for posting and getting updates on requirements. This assists in cutting down on delays in the sale of foreclosed properties. Our reliance on the best CRM and doc management systems helps our clients get easy and fast access to title reports and other property documents.
Quick Completion of Projects
We help you in closing more mortgages in a tight TAT because we have the technology and bandwidth to quickly complete projects.
Affordable Services
The mortgage foreclosure title and resolution support is an affordable service that you can customize to your preference so you need not pay for the excess that comes with a complete package. You can choose to customize to your exact needs.
Quality Check
We carry out detailed audits of the title documents to fish out errors. Every audit is followed by a re-audit to reduce chances of an oversight. With extensive title research before foreclosure sales, we help eliminate risks associated with the title change process.
Round-the-clock Support
We operate from 8 global centers. This helps us provide our clients with 24/7 service on all queries related to title chain issues and other foreclosure requirements. This helps in expediting the work process.
Accurate Property Information
We have a team to manage the ins and outs of property information. We place our clients in touch with the team in order to avoid confusions and escalations at the time of sale of foreclosure properties.
Other Services You Can Benefit From
Outsource Mortgage Foreclosure Title and Resolution Support Services to FWS
As a renowned mortgage foreclosure title and resolution support service providing company, we carry out mortgage underwriting review, searches, assist in completing title summary and help in identifying all issues with the title and finding and initiating the right solution for resolving it. We leave no stones unturned to settle title issues prior to foreclosure. This includes preparing scrivener's, notary affidavits, assignments and obtaining lien releases, redeeming properties from tax sales, complete chain titles by procuring missing deeds and requesting payoffs for UCC liens.
Contact us today if you are looking for a renowned foreclosure title and resolution services company that you can count upon for foreclosure title and resolution services for a robust solution.
Our Customers
Case Studies
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Flatworld's Automated Solution - MSuite Reduced Loan Closing Time Significantly for a US Client
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Automated the Data Indexing and Extraction Process Using its Tool, MSuite, For a Top Mortgage Company
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Flatworld Automated Underwriting Processes for a Leading US Residential Lender
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000