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Search & HOLD!!! SEARCH AND HOLD....SEARCH & HOLD!
"A Search and Hold provides information of record as to the current property owner, to be used for reference when listing a property." This product also advises the Realtor and Lender of any potential pitfalls such as an IRS lien, unreleased mortgage, 2nd or 3rd mortgage,lis pends, other names in title, divorce's old & new, as well as trusts etc..etc...etc...etc..! In addition, it shows AMOUNTS OWED....that allows EVERYONE to JUST DO THE MATH! I REALIZE that Realtors already UNDERSTAND what this is! so...please dont attack me for being BASIC!HOWEVER, I don't understand why they are not used as often as they should be? Here in Wisconsin, some of the Realestate firms have an ownership interest in a Title Company for pete sake......soooo....it cannot be the cost factor. So, what is the reason? You tell me!! Recently, I have had 4 seperate deals with title issues that could not, or would not be solved. These came up ONLY AFTER we had already waited 2 months for a contract to be approved, I had fielded over 2 dozen phone calls from the buyer, I had MET with the buyer "just stopping by" over 6 times, and I had HOURS ... more
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