Many real estate sales
professionals are aware of common searches they can perform, such as searches
for sales history information, property ownership information, information
about a property’s financial standing, neighbourhood sales and demographics
information and more. Some real estate sales professionals even go as far as to
look as a property’s Parcel Register as an extra step to ensure due diligence.
So what is an
instrument image* and why is it something relevant to you?
An instrument image*
is an image of documents registered with the Land Registration System of
Ontario. When looking at a Parcel Register, if there is a transfer, mortgage or
lien and you want more information including the name and contact information
of the other party, court file number, registered balance, etc., you are one
step closer when you have the instrument image*. Instrument images* are the
documents that support mortgages, transfers, liens, condominium declarations
and more.
Using this information
you will close more deals because you will be able to quickly identify deals
that will present an issue.
For more information
about how you can obtain instrument images* please visit www.geowarehouse.ca. If you are a current GeoWarehouse customer
wondering how you can obtain an instrument image* – watch the training video
below – instructions regarding how to obtain an instrument image* are addressed
about halfway through the video:
*** Instrument images* are supplied by the registrant and we cannot guarantee the information contained in them or how complete the information is.
* An official product of the Ontario government pursuant to provincial land registration statutes.
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