( ) Subject Property
description and standard parameters
(a) Raw Land
(b) Land with Improvements (Developed Land)
(c) Business property (Commercial Real Estate)
(d) Mobile Home with Land
(e) House (# of rooms, square footage, BR/B , lot size, etc.)
( ) Copy of
the Promissory Note
( ) Copy of
the recorded Deed of Trust
( ) Copy of
the Closing Statement/Settlement
( ) Conclusive
payment history
( ) Underlying
liens , if any (full information, including recorded copies)
( ) Senior liens,
if any (full information, including recorded copies)
( ) Copy of
the Warranty Deed
( ) Recent color
pictures (photos) of the subject property and surrounding area
( ) Complete
subject property address
( ) Complete
information about the payer and the note holder (address, telephone, full
name)
( ) Mobile home
title and description (size, year, make, model) if applicable
( ) Directions
to subject property
( ) Copy of
the appraisal if available , otherwise copy of the recent Property Tax
Appraisal
Secondary ( After undersigning the file):
( ) Copy of the
previous year Income Tax Return and certified financial statements (UCC-1)
related to subject property (Balance Sheet, Profit and Loss Statement,
leases, rent rolls, etc.)
issued by the payer, if applicable.
( ) Property
owner insurance information
( ) Copy of
Title Insurance Policy/Business Insurance Policy
( ) Copies of
payment checks (or bank deposit slips, or money order receipts)
( ) Social Security
Number and a written permission for a credit check, complete information
about the employer (if the payer is an individual and not a company)
( ) Copies of
the recent appraised property Tax invoice and the paycheck
( ) Any other
additional information which may be required as a result of the initial
research.