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Trustee Sale Guarantee (TSG) Title Report for TSG
Rating: 3.7 out of 5(3 ratings)
25 students

Trustee Sale Guarantee (TSG) Title Report for TSG

Title Insurance | Trustee Sale Guarantee | TSG | Preliminary Report
Last updated 7/2023
English
English [Auto],

What you'll learn

  • How to prepare Preliminary report for Trustee Sale Guarantee
  • How to setout Mailings
  • Types of Mailings
  • How to setout Indemnity for Money Matters
  • How to find assured Beneficiary and Assured Trustee

Course content

5 sections27 lectures3h 34m total length
  • Introduction About TSG3:53

    Discover how trustee sale guarantee works and who initiates it. Explore how the preliminary report is created by the title examiner and shared with the trustee during foreclosure.

  • TSG Process11:13

    explore the trustee sale guarantee process, from delinquency and non-judicial foreclosure to notice of trustee sale and trustee deed of sale, detailing title examiner duties and preliminary reports.

  • Course Requirements4:26

    Explore course requirements for the trustee sale guarantee process, including verifying property documents, abstracting details, and generating the preliminary report with mailing to interested parties.

  • Assured Beneficiary and Trustee2:23

    Identify the assured beneficiary and assured trustee in a deed of trust, trace assignments and notices of substitution of trustee, determine beneficiary interest to guide the foreclosure process.

  • How to Start TSG Order: Part One4:49

    Learn how to start a trustee sale order by collecting the order sheet details, verifying trustee and beneficiary names, and pulling property index and notice of default documents for foreclosure.

  • How to Start TSG Order: Part Two15:02

    Identify the beneficiary and trustee in the deed of trust, verify the chain of assignments, and assess notices of default to start a trustee sale order.

  • Out by Foreclosure5:31

    Identify what is out by foreclosure under a foreclosure deed of trust, determine which money matters can be eliminated, and explain how subordination affects seniority and fund distribution.

  • Indemnity3:51

    Explore indemnity concepts in trustee sale title reports, identifying which deed of trust and money matters are indemnified, how subordination affects foreclosure, and how junior lien holders secure interests.

  • Joinder Party or Unrecorded Interest4:09

    Identify joinder parties and unrecorded interests by reviewing deed of trust signatures beyond the borrower section. Prepare mailing notices for these parties during foreclosure to protect their rights.

  • Trustor Vs Vestee6:02

    Clarify the difference between the trustor and vestee in a deed of trust. Explain vesting concepts and how uninsured deeds affect foreclosure reporting and notices.

  • Lender or Beneficiary7:47

    Identify the lender or beneficiary as the lien holder and possible owner of the deed of trust, and check bankruptcies, Pacers, LexisNexis, and OFAC sanctions related to foreclosure.

Requirements

  • Basic understanding about real property documents
  • Working knowledge on any title orders is necessary

Description

Learn how to process Foreclosure Property prelims or orders

This course is designed for the beginners and experience folks who already in the Title Insurance Industry

Working knowledge on any title orders is necessary

Before startup with this course, you should know basic knowledge about:

Basic details about the Deeds, Deed of Trust and associated documents and

How to retrieve property taxes

How to retrieve Property Index search result and General Index Search Results

How to consider Starters and how locate property in Maps

In this course i have explained all necessary topics with examples

How to start work on Trustee Sale Guarantee Orders

How to review foreclosure property documents

What are the documents to be received to start with Trustee Sale Guarantee Order

How to Setout Mailings for the parties who are involved in real property transactions

Types of mailings

Full details about the foreclosure process

How to Setout Indemnity for money matters

How to find assured Beneficiary and assured Trustee

How to review documents to find out the Mailing parties

How to determine and categorize the documents for Mailings

How to create preliminary report for the foreclosure

Post completion of this course you will gain complete knowledge on foreclosure process and you will be able to perform title search and examining on foreclosure properties.

Who this course is for:

  • Beginners and experience folks who already in the Title Insurance Industry