POP-UP MENU ITEMS FOR FSR REQUEST FORM
FORECLOSURE SEARCH
You will receive a “stub abstract” of the subject property which consists of a thorough search of the real property in the grantor/grantee indices. Pertinent documents will be compiled and forwarded to you for examination and production of a foreclosure title commitment, resulting in the issuance of an Owner’s policy insuring the foreclosing lender. This search includes copies of all recorded documents, necessary background documentation and a current tax certificate. (An extra parcel charge of $50.00 will be added for each additional chain of title search).
This product is applicable for the foreclosure of a lien when the foreclosing party wishes to receive a policy of title insurance at the completion of the foreclosure.
The cost is $125.00, with additional update costs.
FORECLOSURE CERTIFICATE
You will receive a Foreclosure Certificate identifying the current owner of the subject property and disclosing all documents recorded subsequent to the foreclosing Deed of Trust, with copies. This is not an insurance product, and no credit will be applied towards a policy. This product includes all requested updates. The tax certificate is an additional $25.00.
This is appropriate for the foreclosure attorney to prepare the mailing list to be submitted to the Public Trustee.
The cost is $175.00 for Deeds of Trust with a face amount of $200,000.00 and less. An additional $1.50 per thousand over $200,000.00 will be added to the fee.
LITIGATION GUARANTEE
This is a policy product which is issued directly out of this office. You may request this on behalf of your client, and it will be produced and serviced directly through ATGF. It may be requested for foreclosure of liens other than Deeds of Trust, or even for Deeds of Trust which are required to go through a judicial foreclosure. It may also be used in Quiet Title actions. The agent has no involvement in its production, except as a customer service, by placing the order with ATGF.
The cost is based on the filed base rate of the lien amount, plus $25.00 per tax certificate.