A Statement of Information is a written statement of facts relied upon by Title insurers to assist in the identification of persons involved in a real property transfer.  The form will often help me process your orders much faster.  Most of the time there are liens and judgments that show up when a property and/or a person's name has be "run."  Basically it works as a process of elimination.  Recorded documents that have individuals with similar names can then be eliminated, after verifying that it does not attached to our transaction.  If lien or judgment does attach, it will help Escrow order the demand that much sooner!  And...Title will not have to add the exception requesting an "S of I" be completed. 

Therefore, it is extremely helpful with common names like "Johnson."  So, here is a great tip: Do not wait for the Title Plant to ask you for a Statement of Information!  Provide it when you open the order, especially when our party has a common name.  It will save you from having to go back to the borrower and asking them to fill this simple form out, and then forward it to Title.  Even after Title gets this form, they must go back and review, update, and distribute the Preliminary Report back to you.  Then, you will be sending the report back to the borrower and/or the Lender!

I always ask my clients for the borrowers' SSN# when they open Title and Escrow.  If it is a common name, I always suggest to have the borrower fill out a Statement of Information before the Title Report or Commitment is completed.  In this way, we can both service our clients faster and more efficiently!

You may order Title and Escrow Services all over the United States with one point of contact!  This National Lenders Division services 49 states...and all CA Counties!  We have the personnel, experience, resources, and contacts to service all of your Title & Escrow needs Nationwide!

Daryn Gleghorn

Title Manager / Escrow Officer / Sales Representative

Old Republic Title Company

2394 Fair Oaks Blvd., Sacramento, CA 95825

Cell: (916) 214-7098  

Office: (916) 972-8900 

E-Fax (916) 880-9019   

E-Mail  DGleghorn@ortc.com

Loan Docs To: lenderdiv.sacramento@ortc.com