Through our Assisted Search™ and Filing™ products, First American offers powerful benefits that will reduce both clerical time and error.
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While a UCC Search can effectively bring you the information you need, broad-based parameters can sometimes generate a significant number of search results unrelated to you debtor, search results that can require extensive analysis and clerical time to eliminate. Now there’s an alternative. Through The Assisted Search™, the trained UCC professionals of First American will analyze your search results against your supplied borrower criteria and cull the search result to those hits that actually effect the lien status of your borrower. This review process brings you significant benefits including: |
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Reduced clerical time and effort needed to eliminate search results that don’t apply to your borrower
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The use of the most effective broad-based search without the previous delays and cost associated with analyzing the results
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The expertise of First American’s underwriting officers, who will discuss the borrower criteria with you to zero in on your borrower
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The Assisted Search |
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Cost....................$26.00*
*These prices do not include additional correspondent, jurisdictional and/or
delivery fees. |
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The UCC trained professionals of First American will prepare and file your Financing Statement, including amendments, continuations and terminations of the Financing Statement record, utilizing information supplied by you in whatever format you desire – by phone, fax or email. Take advantage of our tracking system to be advised of pending lapse dates. |
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Resulting in significantly reduced clerical time and effort to prepare and review the Financing Statement filing
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A "second set of eyes" to review the Financing Statement for accuracy and completeness of Debtor and Secured Party information and the collateral description
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Allows you to build into your financing process the most effective use of outsourcing for the preparation, filing and tracking of Financing Statements
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The Assisted Filing
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Cost...................$26.00*
*These prices do not include additional correspondent, jurisdictional and/or
delivery fees. |
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But as will all search companies, without exception, the results of the search are not insured
and the search company limits its liability by contract for its own negligence to the rebate of the search fee. If you are primed by a missed filing, this return of fee is of little solace.
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Questions?
1-800-700-1191 or e-mail us at uccorders@firstam.com |
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