Services

• Full Search (F/S)

The length of search that is defined by state statute as the full applicable statutory period required for marketable title or the customary standard in the state where the property is located.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. All necessary or customary ancillary searches applicable to the property type and location shall be performed and reported. Examples of ancillary searches include but are not limited to housing or building code enforcement, personal property tax, and municipal lien and traffic adjudication searches.

All easements, covenants, conditions, and restrictions (CC&Rs) or related documents such as amendments, annexations, or restated CC&Rs posted to the subject property must be reported.

• Limited/Streamline/One Owner Search (C/O)

 A search that goes back to the FVD and each deed in the chain that was recorded since the FVD must be reviewed to verify that the title passes to the current owner of record.

The names of the grantees in the FVD and all subsequent title holders must be run for general liens, such as judgments and federal tax liens for the full statutory period applicable for that state. If a party is listed on a refinance order that does not appear on the FVD, then the name(s) must be run for liens and judgments like any other owner.

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. Where the subject property is located in an area where mineral conveyances and reservations are common, all such conveyances and reservations must be specifically excepted from the legal description.

• Two Owner Search (T/O)

A search that goes back to the two FVD and each deed in the chain that was recorded since the FVD must be reviewed to verify that the title passes to the current owner and two owners of record.

The names of the grantees in the FVD's (current owner & two owners) and all subsequent title holders must be run for general liens, such as judgments and federal tax liens for the full statutory period applicable for that state. If a party is listed on a refinance order that does not appear on the FVD, then the name(s) must be run for liens and judgments like any other owner.

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. Where the subject property is located in an area where mineral conveyances and reservations are common, all such conveyances and reservations must be specifically excepted from the legal description.

• Bring Downs/Date Downs/Updates(U/D)

 An extension of a title search to verify that no liens have been filed against the subject property between the time of the original title search and the recording of the Security Instrument and/or Mortgage/Deed of Trust. The taxes should be updated with present tax findings.

• Tax Research

 We provide comprehensive solutions on real estate Tax information for insured and uninsured products with widespread coverage in the United States and quick turn times.

• Judgment Searches

 To check if there are any Judgments against the borrower by using the Risk.Nexis.com and upload the search docs in the file.

• Commitment Typing

Type the Vesting, conveyance, mortgage, judgments/liens and taxes information into the Client Application as per the Abstract report and proof for any typos or mistakes to correct them.

Sure2Balance services extend into the Tax space. Our team is skilled at meticulously locating and populating property’s unique tax identification and tax information into client’s system, Excel, Word Document & Note Pad to generate Tax Certificate. We have the tools and expertise to handle Different Tax Products from Regular Refinance Product, to Water & Sewer Product, and all the way to Purchase Product.

Our tax process overview

In Tax Search/Certification process, we locate and populate property’s unique tax identification and tax information into client’s system, Excel, Word Document & Note Pad  to generate Tax Certificate.
Below mentioned are the basic Key Information required to create a Tax Certificate:

• Parcel Number/Tax ID Number/Assessment Number/Lot and Block
• Total annual real estate tax amount
• Installment basis (Annual/Semi Annual/Quarterly, etc.)
• Paid amount and paid date, Next installment due, Due dates and delinquent dates
• Any delinquent amounts, defaulted amounts, tax liens, tax sale
• Any additional taxes (i.e. city taxes, Special Assessment Bills)
• State of Arkansas - ask if personal property taxes are due
• State of California - ask if supplemental taxes are due

We populate taxes information for a particular property into client’s system, Excel, Word Document & Note Pad to generate tax certificates. Taxes type could be Real Estates, Supplemental, Personal Property (Only for AR State) and City Taxes & special Assesments if applicable.
There are three different sources to get the taxes information:

Related Attached Documents
For some orders, we have documents available and attached into client system which may have the tax information available. These documents may include an Order Form, title Commitment, Abstract report, Search Docs, etc which will be used as a reference.

Online
For some States, we can access the Tax Info through the County Assessors & Collectors online website