Default Services (REO)

Our team is well-equipped to handle the complicated nuances of distressed properties, so we can resolve matters in an efficient way for everyone involved in the transaction. If a challenge arises in the journey to the closing table, our experienced attorneys, settlement officers and processors know how to overcome it. Because of our high-caliber work product, our team has been entrusted to represent the U.S. Department of Urban Development (HUD,) Fannie Mae and Reserve Mortgage Solutions as their settlement agent of choice.

At Crown Title, we are confident in our ability to get the most challenging transactions to the closing table in the most economical, efficient, and effective manner possible. As a commitment to that effort, we have a dedicated team specializing in Default Services. We fully understand these properties are complex and nuanced and are knowledgeable in the processes and timelines surrounding these cases.

When you work with our Default Services team, you gain a partner with a proven track record in effectively working with various government entities, national lenders, services and Real Estate Owned (REO) Management Companies. Notably, we have represented the U.S. Department of Housing and Urban Development (HUD), Fannie Mae and Reverse Mortgage Solutions as their Preferred Settlement Agent.

Our promise to you: Preliminary title commitments are generated within five business days. Efficiency is built into every step of our operations.

Our Default Services include:

Title Curative Services
Tax Searches
Lien Searches
Preparation of Homeowners and Condominium Estoppel Letters
Track status of the recording of the Trustee’s Deed, Sheriff’s Deed or Committee Deed
Best Practice Certification for National Lenders