Service Department
 The documentation and legal concerns involved in a property transfer can be complex and complicated.
Resource Title’s service
department is comprised
of local and national
account service teams. Each
member of our team maintains
complete control
over the exam, update and
filing process.
Resource Title's service department
is responsible for the accurate
and
timely completion of title exams,
converting the exam information
into
an easy to read and understand
title commitment. The commitment
allows
potential Buyers, Lenders and
Realtors to see the status of
the real estate
title at a glance without having
to interpret the massive amount
of documentation
obtained in the actual exam.
The department also supplies
tax and legal reports
to Realtors. This allows the
Realtor to ensure they have
the correct property
information and parcel numbers
as well as current real estate
tax information.
The department is instrumental
in notifying the interested
parties of
any title clouds. If necessary
they assist the Seller or Lender
in clearing
those clouds. They can also
prepare needed documentation
such as affidavits
and power of attorney paperwork.
They are highly experienced
professionals
and have the knowledge to sort
through the various legal documents
that make
up the exam. Using this knowledge
they are able to determine the
course
of action regarding deed preparation,
trust documentation, bankruptcy,
probate
and any lien of record. They
are also able to track the order
from start
to finish to keep everyone updated
on the status.
 The process starts with preliminary
instructions from the Lender or Realtor.
Order entry and request for title
exam are completed using these instructions.
A tax and legal report is done, if
requested by the Realtor. When the
exam is received, the commitment is
typed. If there are title clouds,
the service team begins clearing title.
This process involves getting releases
on prior mortgages, gathering trust
information, determining true identities
of property owners, obtaining divorce
decrees, and documentation of bankruptcies
and foreclosures among various other
legal items. When the real estate
is sold, the contract is received
and the data is updated with the Realtor
information, Buyer, Lender, sales
price and closing date. The file is
then forwarded to the escrow team.
After close, the service department
completes the final policy and forwards
the original recorded documents to
the appropriate parties.
The department also can order location
surveys for Lenders who can do their
own escrow closings, but do not issue
title insurance. In addition, they
provide comparables, and have internet
access to many county offices to get
instant answers and copies of documents.
(Not all counties have a web based
system)
NOTE: Our National Accounts service department
is highly experienced in Ohio title
exams and utilizes a national network
to obtain exams or abstracts for our
clients that have businesses located
outside our core area.
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