Property Profile report? Is a preliminary look at the financial and ownership status of a property. It is useful to help you determine things like:
- Is the owner of record the person who is signing all the documents for the sale of the property?
- What are the balances of the loans for the property?
- Are there other liens or judgements against the property? This is important.
- Does the legal description match what you are buying, for example number of beds and baths?
