Nearly half of the states in the nation have laws that give priority, or “super”, status to liens resulting from delinquent Home Owner Associations (HOAs) dues. This can mean significant risk exposure to mortgage servicers and investors.
Be proactive and protect the portions of your portfolio that could be in danger. HOA Super Lien Check from CoreLogic is a comprehensive, end-to-end solution to help servicers and investors simplify the process of identifying and documenting their interest in a super lien property.
Safeguard Properties in Three Ways
HOA Risk Analysis
Identify properties located in super lien states that are part of an HOA. Once identified, HOA Super Lien Check leverages CoreLogic industry-leading databases and sophisticated APN matching technology to match the specific property address to the HOA or Management Company. Quality control is conducted on the data and contact information for accuracy against the subject property address.
Complete and Record the Documents
What makes HOA Super Lien Check different from other services is the ability to complete and record the necessary HOA documentation and Request for Notice (RFN) on your behalf. HOA Super Lien Check goes beyond providing HOA data, making it easy to take a comprehensive and proactive approach to guarding your interests.
Ongoing Monitoring and Maintenance
Take charge of your super lien risk. Ongoing monitoring is available so you can stay informed if any new liens are filed on the identified properties, or if there are events related to HOA liens or foreclosure activity. Assigning the rights to another servicer? CoreLogic can complete and record the assignment for you, along with an updated RFN.
The Right Process to Help Protect Your Assets
All the data, resources and man-power you to keep you ahead of the curve.
HOA Super Lien Check brings together our industry leading property and HOA databases and the expertise and resources needed to document your interest in any at-risk property. Optional ongoing lien monitoring keeps you informed of any new lien actions taken across any or all of your assets.