Not all the title companies are the same. You know that, but it’s worth reinforcing, especially when it comes to untangling the complexity of foreclosures.
Why do we say this? Working with foreclosure files is one of our areas of authority. Fortune Title has built its legacy as one of New Jersey’s foreclosure experts for real estate attorneys, investors and local government officials.
No matter if you need our guidance for a sheriff’s sale property, an REO file or a short-sale transaction, the Fortune Title family is here for you. In addition to providing our expertise, all of us know consistent communication and fast response times are imperative when it comes to foreclosure-related activity.
Here’s the general steps on the journey of a foreclosure file that we’ll happily guide you through:
- Order Title. Once you have a fully executed contract, your attorney review period is complete, and your home inspections are done, it is time to order title from us.
- Receive Title Commitment. Fortune Title will order all the necessary searches and have them reviewed by a licensed title officer. We will provide a title commitment identifying any liens that could affect your property.
- Clear Title. If there are title issues, Fortune Title will work with all parties to clear them. We have plenty of experience resolving clouds on title and have the solutions you need to get to the closing table quickly.
- Schedule Closing. Fortune Title works around your schedule and will conduct the closing anywhere and anytime.
- Disburse Funds Fortune Title will securely collect and disburse all funds related to the transaction. We have a great relationship with our bank, which means no wire fees for you!
- Receive Title Insurance Policy. Fortune Title will record all documents and issue a title insurance policy once all documents are on record.
The bottom line is when you start your foreclosure title order with us, our team can take care of the rest!
