The SBS Warranted Property Report wraps errors and omissions coverage around the residential property report for added peace of mind. Warranted costs less than most traditional insured search products and will help speed up the loan and closing process.
Warranted Property Report provides all of the features of a standard Property Report and includes transaction protection from errors or omissions. It also offers GAP protection between the report date and recordation. In addition, warranted protection is transferrable for the life of the loan. Eligible loans include second mortgages, refinances, or home equity lines of credit, with maximum loan amount of $500,000 (Additional requirements apply).
For more information on our Warranted Property Report, please contact us.