Legal and Vesting Deed/LOV Report
A Vesting & Legal Search Report is a basic property report that we can provide to you when only the following information is necessary:
- A copy of the property’s most recent deed
- A typed report that includes a full legal description of the property
To ensure the correct deed and legal description are obtained, we would require the grantee’s name(s), the complete address of the property and the county in which the property is located. We will work off of the most recent deed whether it is a warranty or quit claim deed. If out of family deed is required we offer additional options for that type of search.
A deed is defined as “A written instrument, which has been signed and delivered, by which one individual, the grantor, conveys title to real property to another individual, the grantee; a conveyance of land…”
“Land can only be transferred from one individual to another in the legally prescribed manner. Historically speaking, a written deed is the instrument used to convey ownership of real property.”
Owner and Encumbrance Report
Owner and encumbrance reports are simplified non-insurance title reports designed for informational purposes only. Also known as a property report, this report is a limited search of public records. It does not provide any insurance. However, the title search does provide valuable information concerning the property such as the property’s most recent owner, taxes owed on the property, outstanding deed of trust, and possible liens.
An owner and encumbrance report is not sufficient for title insurance coverage. However, it is a helpful tool that can be provided by your title insurance company; it is often used by buyers at estate auctions to be aware of any current issues or title matters.
Current Owner Search
If you need to check all liens, mortgages, judgments on the property from last property purchase to current date – Current Owner search is what you need. Current Owner Title Search is ideal for foreclosure auctions, pre-tax auctions, short sales, by-owner transactions, refinance, checking for clear title. You will receive a Title Report on all outstanding mortgages, liens and judgments recorded against the property and current owner(s).
- Current owner search involves searching for the details of the present title holder of the subject property and the latest deed with consideration.
- Search done by searching from the current date backward.
- Details like Vesting Deed, Current Tax status, county assessment information, open mortgages, judgments, liens, and legal description will be captured.
- This search is usually done for the origination of Home Equity transactions, short sale, foreclosure auctions, and pre-tax auctions.
Two Owner Search
A Two Owner Search is a search that provides the current vesting deed and all deeds leading back to the deed prior to the out-of-family deed. It also includes copies of any open mortgages and assignments against any owners found, any judgments against those owners, and also tax assessment and current tax information including any delinquencies.
With our services, you get the complete picture of the property that you are prepared to invest in with 100% accuracy and data security.
Our Typical Two Owner Search Report Includes the Below Information:
- Documenting chain of title going back two full value deeds
- All open mortgages and Deed of Trust
- Liens on the property affidavits, notices, etc.
- Tax information
- Fully typed report of every document on record as well as legal description
- Maps
Partner with us to utilize preliminary title report checks for all liens, mortgages, judgments, and tax status for both the current holder and previous holder of the property.
Chain of Title Search
Trace your property’s ownership back to 1940 with a Chain of Title Search.
A Chain of Title Search includes the following:
- Copy of the current vesting instrument
- A list of ownership transfers with dates and recorded instrument numbers back to 1940
- A summary report showing the parcel number(s) and brief legal description(s)
A Chain of Title Search is a valuable tool in determining past owners of a property, and helping to identify if past property uses raise red-flags of environmental concern. EDR’s Chain of Title is an accepted standard historical source under ASTM E1527-13.
10-20-30 Year Search
We can search 10, 20 or even 30 years back on your target property anywhere in the US and provide the data that you need in an easy to read and use typed report.
Property Search – What It Includes:
- Chain of title going back to the specified time requirement
- All open liens – voluntary & involuntary including related documents
- Up to date tax information
- Fully typed report of every document on record as well as legal description
Purchase Money Mortgage Search
A purchase-money mortgage is a mortgage issued to the borrower by the seller of a home as part of the purchase transaction. Also known as a seller or owner financing, this is usually done in situations where the buyer cannot qualify for a mortgage through traditional lending channels. A purchase-money mortgage can be used in situations where the buyer is assuming the seller’s mortgage, and the difference between the balance on the assumed mortgage and the sales price of the property is made up of seller financing.
Full Search
For a real estate sale you will want a “full search”, which is a 60 year chain of title search, or if you have title insurance currently a “Re-Issue search”, (which is from the current policy effective date to present). This searching method would apply for all types of real estate sales: residential, commercial or vacant land. You can place a title order for a real estate sale directly via our website.
Closing Update
You will be notified when the business deal is closed.
Document Retrieval Services
We provide back-office support for lenders with title policy and mortgage document retrieval process. From title policy retrieval to the finalization of post-closing requirements, we compile a complete portfolio of all the required documents in a mortgage transaction. As a title policy and document retrieval services company, we recover certified copies of the final title policy in a time-bound and accurate manner.