REO Overview

Brock & Scott, PLLC provides REO Title and Settlement Services throughout our 7 state footprint. Our combination of experience, technology and strategic alliances with national title companies allows us to provide our clients with the highest quality title and REO settlement services in an efficient and cost effective manner.

States

  • Maryland
  • Virginia
  • North Carolina
  • South Carolina
  • Tennessee
  • Georgia
  • Florida

Accomplishments & Acknowledgements

We are consistently rated by servicers as one of the top performing firms for REO performance.

  • Member - Mortgage Bankers Association
  • Freddie Mac and Fannie Mae approved for all 7 states
  • Member of ALFN

Client Services

Title

Brock & Scott utilizes its affiliate service partner, TASC, in all states except Florida. TASC provides title services on behalf of the firm with field personnel that are directly involved in examining the public records and abstracting title in these states. In the Florida office, title search materials are obtained through an online data base owned and maintained by Attorneys Title Fund Services, LLC. The Firm also maintains its own extensive data base for the collection of municipal tax, lien and code enforcement information.

Upon receipt of title, the file is reviewed by an attorney for defects either in general or from the foreclosure process, IRS and state tax liens and possible encroachment/egress issues. Delinquencies are handled as part of the standard title curative process. Unless otherwise advised by the client, the firm provides insurable title.

Closing Settlement Services

With multiple offices in each state throughout our footprint, closings are typically conducted at our office locations when it is feasible and convenient. However, we do have the resources and ability to coordinate the closing in a location convenient to the buyer that is not at one of our offices. The firm will make every good faith effort to ensure that closings are executed on time and proceeds are disbursed either at the table or within 24-48 hours of the closing, depending on the requirements of that jurisdiction.