California eProcure #26-20-002

California HCD Solicits Title and Escrow Services for Loan Portfolio Transfers in Tulare County

The California Department of Housing and Community Development (HCD) is seeking a licensed title company to provide comprehensive title and escrow services for the assignment and transfer of up to 375 local government-held loans, impacting approximately 250 properties in the City of Lindsay, Tulare County. - Government Buyer: - California Department of Housing and Community Development (HCD) - Administration and Management Division, Business and Contract Services Branch, Contract Services Section - Products and Services Requested: - Preparation of 250 Preliminary Reports (including vesting deeds, embedded documents, and title exceptions) - 325 Mortgage Note Assignments (signatures, notary, recording, delivery) - 325 Deed of Trust Assignments (signatures, notary, recording, delivery) - 50 Covenant Assignments (signatures, notary, recording, delivery) - 50 104.1 Endorsements to ALTA lenders title insurance policies - 225 ALTA Lenders Title Insurance Policies (naming HCD as insured) - 150 Reconveyances and Partial Reconveyances (signatures, notary, recording, delivery) - Up to 3 Mobile Notary Visits to the City of Lindsay - Notable Requirements: - Contractor must be a licensed title company authorized to operate in California - Ability to handle a high volume of transactions across multiple document types - Services must include document preparation, notarization, recording with county officials, and delivery to HCD - Compliance with all state terms and conditions - No specific OEMs or commercial vendors are named in the solicitation - The contract term is one year, with two optional one-year extensions, for a maximum of three years

Description

The Department of Housing and Community Development (HCD) is seeking title and escrow transactional services to facilitate the assignment and transfer of various local government-held loan portfolios. The awarded contractor will provide title and escrow services for up to 375 existing loans affecting approximately 250 individual properties. This solicitation involves real estate services related to escrow and title services across multiple counties in California. The event is a sell event / RFx with a non-mandatory pre-bid conference.

View original listing