We understand the criticality and the complexities involved in Title Search Services. Datashrubs provides title search and related information services required for settlement by the real estate and mortgage industries in the United States of America.Our Product for Title and Escrow Support Services. DSONE: We are developing a cloud platform to manage Title and Tax Orders.
Title Search Orders Processed
Tax Certificates processed
Commitment tying processed
Types of Services we offer
Current Owner Title Search
Current owner search involves searching the details of the present title holder pertaining to the subject property and the latest deed with consideration.
Two-Owner Title search
Two-Owner Title search is for the previous two owners in the chain of title pertaining to the subject property.
Full Owner Title search
Detailed title search on present and all the previous owners of the property.
We also perform an updated search on the subject property from the date of the last search to the current date.
A report is provided on all the documents posted and recorded during the per.
Property Tax Services / Tax Report
We provide tax services to many title agents, vendor management companies and top title underwriters.We determine the status of real estate taxes against a property.
- 1. Parcel Identification Number
- 2. Tax year
- 3. Tax Period (annually or installments)
- 4. Tax ID#
- 5. Paid date and the amount paid
- 6. Delinquent taxes
- 7. Assessed Value
- 8. Homestead Exemption
- 9. Building and Land value
- 10. MCPT Info
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
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 attaching the same in your software.
BPO (Broker Price Opinion)
The BPO, or Broker Price Opinion, is a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary. Real estate brokers are given an order to do a BPO by the lender, Mortgage Company, or loss Mitigation Company. Everyday thousands of BPO reports are assigned to brokers for value estimation of a particular property.
HUD(Housing and Urban Development)
We prepare HUD settlement statements based upon the 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
Real estate appraisal, property valuation or land valuation is the process of evaluation of Real property value. The value usually sought is the property’s Market Value. Appraisals are needed because compared to, say, corporate stock, real estate trades vary infrequently. Not only that, but every property is different from the next, a factor that does not affect assets like corporate stock. Furthermore, all properties differ from each other in their location – which is an important factor in their value. The lack of frequent trading, unlike stocks, means that sometimes appraisers are needed to figure out a property’s value. The appraiser usually provides a written report on this value to his or her client. These reports are used as the basis for mortgage loans, for settling estates and divorces, for tax matters, and so on. Sometimes the appraisal report is used by both parties to set the sale price of the property appraised.
To check if there is any Bankruptcy filed against the borrower by using the PACER site and uploading the search docs in the file.
Verify if there are any closed liens showing on title and request for release/ Paid in full letter. Request judgment payoffs.
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