What is a Title and Encumbrance Report & Analysis?
This is a factual report based on documents obtained both from the homeowner and from public domains including actual recorded documents. Included in this report are opinions of Attorney Neil Garfield as an expert in investment banking culture and practices, securitization of debt and title issues. The information and opinions presented in this report reflect the facts as represented by the cited sources as of the date of the report, and address inconsistencies, clouds on title, and other issues which may affect ownership of the debt, the note, the mortgage (or deed of trust), the subject property — or as is often the case, all of some of those categories.
A chain of title assessment does NOT identify problems with your mortgage loan; TILA and RESPA or HOEPA issues; issues with the Fair Credit Reporting Act or the Fair Debt Collection Practices Act; securities’ violations or any other federal questions that have nothing to do with chain of title. It strictly identifies issues with chain of title.
There may be ancillary comments included however for the attorney to consider.
In the TERA that we currently produce, our mission is to set forth the following elements:
Price include copies of recorded chain of title documents. However, additional charges may be necessary if the subject property is located in county that does not offer free online access to land records such as Los Angeles County California.
Additional charges may be necessary if the subject property is located in county that does not offer free online access to land records such as Los Angeles County California.