Short Sales: Review The Preliminary Title Reports, Don’t Just Have Them Pull

What is a Preliminary Title Report?

A title is a legal document listing the history of ownership of a home. After the buyer and seller have reached mutual acceptance, an attorney or title company will pull title on the subject property and review it for any problems that might prevent the home from being legally sold. The results are written up in a preliminary title report.

Review the Title Report – Lesson 1

Throughout the years we have learned that having a Preliminary Title Report pulled and reviewed by escrow is not the most efficient method as many times it will not get reviewed till too late in the game and eventually something will slip through the cracks... For the entire article click here

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