While buying a home, many may not consider the risk of a claim from a former owner. One’s deed will not protect from this risk, but title insurance will. It is critical to have a smooth transfer of ownership. And getting accurate and authentic Property titles is troublesome. This is where Title Services BPO comes in, streamlining and validating property titles.
Title Services BPOs check property titles and the ownership history of the property. For the same, real estate companies can outsource these services to BPOs. This help saves valuable time and effort for clients. Also, optimizes the operational costs. Advanced technologies and software systems benefit BPOs in delivering reliable results to clients.
While searching for title services BPO, one needs to check the necessary expertise. The following tips can help find the best title service BPO:
- Defects Identification: Protecting its clientele against the risk of the following title defects:
- Pending taxes and debt on the property
- Illegal/ false/ forged deeds
- Unidentified successor
- Imprecise reviews
- Inconsistencies in current owner details
- Title Search: Executing detailed search of critical aspects of the property such as:
- History of possession
- Hindrances
- Many kinds of deeds
- Chain of titles
- List of all lawful successors
- Deed Screening: Checking loopholes and amending the deeds before the transfer of property.
- Current Owner Search: Searching current mortgage papers, pending judgments, and foreclosure /bankruptcy status.
- Closing Service: Acting as an unbiased party chairing over loan closings and transactions. Further, recording the deed, mortgage and other documents at the local courthouse.
Title services BPO delivering these services or even a combination, are perfect. Though, the competency levels vary with each BPO, and this is where one needs to play smart in selecting one.
Here comes ALTS, a trusted Title Services BPO. Unfailing customer support and unified execution of complex contracts is their hallmark. Through ALTS, real estate companies can streamline their operations in a trustworthy manner. It provides up-to-date, accurate results in the shortest time possible & at competitive prices.
With strong technological backup, ALTS has been providing out-of-the-box solutions to fulfil demands.
