InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Annual Reunion Speaking Schedule Store Foreclosure Fundamentals Code References 50 State Foreclosure Basics Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Just got cut off tonight. (nt) Posted by JK (the other JK) on July 05, 2009 at 9:32 PM In Reply to: Re: I'm still getting comps and property reports. posted by JK (the other JK) on July 03, 2009 at 12:28 AM : : I don't think anyone has been cut off from a property profile, but it's certainly more than First American who's limiting the profiles. Chicago and Fidelity have taken away everything on their online services that has to do with comps and images. And the profile can only contain tax assessor information, which means no document/transfer history on the parcel. : : If you go to your online title service or call customer service and pull a new profile today, are you saying you are getting recent comps? : : : : Buy your information from a data provider. : : : I understand that First American and now Landwood Title recently stopped providing the information. But are they the only Title companies that exist? I do not pretend to guarantee that all title companies will not follow suit. I'm stating that as of today July 2, 2009 I'm still getting the info. Furthermore, I've read the new law several times and I still don't see specific verbiage precluding a Title company from providing the aforementioned information. : : : That being said, so what if they do take away all the information? This will only benefit investors that know how to research title themselves, pull comps from the MLS and/or are willing to spend a few bucks with Dataquick. : For the third time now, yes I'm still getting comps and property reports. Not to say that won't change tomorrow. Contrary to what a lot of newbies believe Title Companies NEVER provided a free list of all liens (Trust Deeds maybe, but you need to know all open liens). Even prelims don't do a SS# search on the Seller. Even a SS# search and a prelim can get tricky. I once owned a lien on a Seller that had two last names (an immigrant from Mexico where two last names are the norm) and two SS#s (That never happens right?). They tried to sell the property without paying me off and I had to go to great lengths to let all parties know (Title, Escrow, the heirs of the debtors estate and the new Buyers) that I needed to be paid. : Again, I feel it's a non-issue. I usually go into the MLS and search SOLDS, PENDINGS AND ACTIVES. Yes maybe now it takes a few more seconds, but still more accurate. That being said just to be on the safe side, I will sign up for Dataquick within the next month. : I agree that LA and Orange County should get their act together and put the Grantor/Grantee index online. Take a look at what a small po donk county in AZ like Pinal County has: : http://pinalcountyaz.gov/Departments/Recorder/Pages/DocumentSearch.aspx : Follow Ups: Just got turned back on today.(nt) JK (the other JK) 6:00 PM, 07/07/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : I don't think anyone has been cut off from a property profile, but it's certainly more than First American who's limiting the profiles. Chicago and Fidelity have taken away everything on their online services that has to do with comps and images. And the profile can only contain tax assessor information, which means no document/transfer history on the parcel. : : : If you go to your online title service or call customer service and pull a new profile today, are you saying you are getting recent comps? : : : : : Buy your information from a data provider. : : : : I understand that First American and now Landwood Title recently stopped providing the information. But are they the only Title companies that exist? I do not pretend to guarantee that all title companies will not follow suit. I'm stating that as of today July 2, 2009 I'm still getting the info. Furthermore, I've read the new law several times and I still don't see specific verbiage precluding a Title company from providing the aforementioned information. : : : : That being said, so what if they do take away all the information? This will only benefit investors that know how to research title themselves, pull comps from the MLS and/or are willing to spend a few bucks with Dataquick. : : For the third time now, yes I'm still getting comps and property reports. Not to say that won't change tomorrow. Contrary to what a lot of newbies believe Title Companies NEVER provided a free list of all liens (Trust Deeds maybe, but you need to know all open liens). Even prelims don't do a SS# search on the Seller. Even a SS# search and a prelim can get tricky. I once owned a lien on a Seller that had two last names (an immigrant from Mexico where two last names are the norm) and two SS#s (That never happens right?). They tried to sell the property without paying me off and I had to go to great lengths to let all parties know (Title, Escrow, the heirs of the debtors estate and the new Buyers) that I needed to be paid. : : Again, I feel it's a non-issue. I usually go into the MLS and search SOLDS, PENDINGS AND ACTIVES. Yes maybe now it takes a few more seconds, but still more accurate. That being said just to be on the safe side, I will sign up for Dataquick within the next month. : : I agree that LA and Orange County should get their act together and put the Grantor/Grantee index online. Take a look at what a small po donk county in AZ like Pinal County has: : : http://pinalcountyaz.gov/Departments/Recorder/Pages/DocumentSearch.aspx : : [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455