Property-Related Services
Xiris Valuations offers a full suite of property-related services to the equity lending industry.
Streamline Your Process, Reduce Costs
Our web-based ordering platform and highly trained and professional customer service staff help improve workflows, decrease costs, and close a higher volume of loans quicker.
- Property Title Search (Current Owner Report) – Establishes current, vested property ownership along with all open encumbrances.
- Property Ownership Search (Legal & Vesting Report) – Provides verification of the vested title ownership in the property along with a copy of the legal description.
- Document Recording – Processes any type of recorded residential real estate documents with the appropriate courthouse, such as Assignments, Releases, Mortgages, Quitclaim Deeds, Transfer Deeds, Warranty Deeds, and more.
- Document Retrieval – Searches for any kind of real estate document recorded at the courthouse and can quickly provide abstracted information or certified copies.
- Master Insurance Policy – Ensures the lender’s lien position with insurance policy that uses information obtained from the applicant’s credit file and loan application. Saves time and costs associated with a traditional title search and the clearing of unreleased encumbrances, allowing immediate loan approval and closing. Available nationwide.
- Property Condition Report – Assesses the physical state and conformity of a property in relation to its surrounding neighborhood. This assessment provides valuable insights into the overall health and maintenance of the property, highlighting any structural, mechanical or aesthetic issues, and gauges how well the property aligns with the quality and standards of the local area.
- Appraisals – Estimates the market value of the property. Traditional appraisals are prepared on various forms meeting Uniform Standards of Professional Appraisal Practice (USPAP) and Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) requirements.