Current Owner Search (O&E) is also known as Owners & Encumbrance Search,Attorney's Search, Last Owner Search, Refinance Search, and Investor's Title Search.
Typically Uses: Refinance, Checking for Clear Title, Foreclosure Auctions, Pre-Tax Auctions, Short Sales, etc.
Speed Read: Includes current vesting deed (24-month chain of title with consideration of last full money value transfer), pertinent pages of open mortgages, assignments, modifications, liens and judgements against the property and current owner(s).
A Current Owner Search provides the current vesting deed on the property address going back to the last full money transfer (must be out of family transfer, one arm’s length) with a minimum of 24-month possession of the property. If the property was sold within the last 24 months, the prior deed will be provided to complete the minimum 24-month requirement. This report also includes pertinent pages of all open mortgages along with any assignments or modifications against the property address and the owner(s) name. A complete federal, state, and municipal lien search is conducted against the current owner(s) and documents are provided as recorded by the county clerk where the property is located. A judgement search is also conducted on the current owner(s) and provided as per the courts of jurisdiction, civil judgements which may include foreclosure proceedings, bankruptcy, and tax delinquency status.