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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Trying to find FITE in NC Posted by Ward-CA- on May 28, 2003 at 7:49 AM In Reply to: N.C. Courthouse Training posted by SeanW on May 27, 2003 at 3:27 PM : After weeks of mixed communication, I gave up on the title researcher I'd been talking with-- and asked someone else to help me... So, I finally got my first day at the courthouse looking over someone's shoulder, while titles are searched. : It sounds like FITE is harder to determine here. : I was somewhat surprised to learn that a title policy number is not usually recorded in NC. I asked why, and was told: "Oh, we look at the name of the attorney who drafted the last Grant Deed. If it's someone we recognize, then we just assume it was a good conveyance, and work forward from there. Not all deeds have title insurance, and even if they do, the title number won't be recorded, unless the lender requested it be written on there." : Therefore, the researchers are just picking the most recent Grant Deed (whose page number is referenced by the property tax roll), and working forward from there. : Ward, would you do anything different in this situation? =•=•=•=•=•=•=•=•=•=•= Sean, See if there’s a separate disclosure that’s required at the time of recording the grant deed like there is in Arizona, Minnesota, Massachusetts, etc. that’s available for the asking, wherein there’s a declaration of all the particulars of the sale. Also look to see when title company recorded documents are time stamped. If they’re stamped exactly at the opening time of the recorder’s office that would be a useful tell tale. You should also look around the periphery of the recorded deed and trust deed/mortgage to see if you can find a reference number for escrow or a title order number. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : After weeks of mixed communication, I gave up on the title researcher I'd been talking with-- and asked someone else to help me... So, I finally got my first day at the courthouse looking over someone's shoulder, while titles are searched. : : It sounds like FITE is harder to determine here. : : I was somewhat surprised to learn that a title policy number is not usually recorded in NC. I asked why, and was told: "Oh, we look at the name of the attorney who drafted the last Grant Deed. If it's someone we recognize, then we just assume it was a good conveyance, and work forward from there. Not all deeds have title insurance, and even if they do, the title number won't be recorded, unless the lender requested it be written on there." : : Therefore, the researchers are just picking the most recent Grant Deed (whose page number is referenced by the property tax roll), and working forward from there. : : Ward, would you do anything different in this situation? : =•=•=•=•=•=•=•=•=•=•= : Sean, : See if there’s a separate disclosure that’s required at the time of recording the grant deed like there is in Arizona, Minnesota, Massachusetts, etc. that’s available for the asking, wherein there’s a declaration of all the particulars of the sale. : Also look to see when title company recorded documents are time stamped. If they’re stamped exactly at the opening time of the recorder’s office that would be a useful tell tale. You should also look around the periphery of the recorded deed and trust deed/mortgage to see if you can find a reference number for escrow or a title order number. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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