The City of Coral Springs has implemented new procedures for filling lien search requests. These procedures have extended the cities lead time by three days, from seven business days to 10 business days. We will keep you up-to-date if any additional lead time extensions are identified for this municipality.

Please feel free to contact our client relations team at (877) 543-6669 or should you have any additional questions.

Well-renowned industry disrupter Propy recently completed the first real estate transaction in Vermont, performed entirely on Blockchain, the company announced.

About Propy

Propy is a property listing platform, transaction platform, and decentralized registry that helps eliminate fraud and accelerate real estate transactions.

In 2015, CEO Natalia Karayaneva founded Propy after being constantly frustrated by real estate transactions; Karayaneva believed these transactions all over the country were too time-consuming, too costly, and ripe with fraud.

Karayaneva saw blockchain as a way to solve those very problems and open doors for buying and selling internationally.

The Details

The groundbreaking Vermont transaction—the first of its kind—has the industry buzzing about the potential this brings to the world of real estate transacting.

Both parties involved in the Vermont transaction completed three distinct tasks, all on Propy’s blockchain—transferring payment by way of cryptocurrency, completing a title search and due diligence, and finalizing the transaction.

While the accomplishment is more than noteworthy, many real estate professionals may be unclear as to what exactly blockchain is and does.

What is Blockchain, Exactly?

Blockchain aims to redefine how both day-to-day and large-scope transactions are made.

Originally created a decade ago in support of Bitcoin, a cryptocurrency, blockchain has grown into a multi-million dollar spectacle seemingly overnight. Hundreds of companies, millions of fortunes, and billions of investment dollars have been gained and lost at the hands of Blockchain, which allows for individuals and corporations alike to transact without the need for an intermediary.

In other words, blockchain creates an A-to-B path for both seller and buyer without the need for credit card service companies, banks, stock exchanges, and government organizations—all of whom can contribute to monies moving more slowly and being less liquid.

While blockchain is a beacon of innovation, real estate is not exactly an industry known for keeping on the cutting-edge of technological growth and change. In many ways, real estate is far overdue for innovative and fresh methods of transacting. Blockchain could pose a perfect solution going forward, but we don’t see it becoming commonplace for years to come.

At Property Debt Research, we’re always on top of the latest technology and trends like blockchain. To keep up with industry trends and news, continue to visit our website!

Why Should you Attend?
When it comes down to it, every debt research group is here to save their clients time, money, and hassle — but only some have been doing it for decades. At this event, you’ll be able to network with industry leaders, meet PDR team members, and learn why PDR is Florida’s most trusted Municipal Lien Search and HOA Estoppel Letter provider.

When: March 13, 2019 from 8:30am – 4:00pm | March 14, 2019 from 9:00am-12:00pm

Where: Hyatt Regency Grand Cypress | 1 Grand Cypress Blvd. | Orlando, FL 32836

On February 14, the Florida Department of Financial Services revised and replaced their recent interpretation regarding third party fees.  Per the new DFS statement “Title agencies are permitted to charge the third-party fees as long as the consumer has been notified.”

Thank you to the FLTA for their immediate action and commitment to all title insurance agents and agencies.

The updated guidance can be found at the link below:



Property Debt Research (PDR) will continue to follow DFS guidance on third-party fees. Should you need an immediate solution for these guidelines, PDR has a Pay Outside of Closing option for Municipal Lien searches that can be implemented at your request.

Meanwhile, while the underwriters and other members of the title industry work with FLTA to gain additional clarification on this guidance, PDR has already begun developing an advanced automation solution to be implemented once the guidance discussions are finalized.

PDR’s solutions provide the ability for your seller/buyer to pay for their Municipal Lien search outside of the closing and save you from increasing your closing fee due to third party fees.

Please feel free to contact our Client Relations team at (877) 543-6669 or should you have any additional for questions of additional information regarding our existing Pay Outside of Closing option.

In every industry, predicting trends for the new year and preparing for changes in consumer behavior is the key to staying ahead.

Especially in real estate, being able to look ahead is a crucial diagnostic tool for both agents and homebuyers looking to plan for the new year. With a saturated market and high competition, homebuyers will increase their chances of accommodating their needs the faster they understand and adapt their plans to new year trends.

Here are three concrete real estate trends expected this year:


Inventory on the Rise
As many real estate professionals already know, the housing market has not found much success in keeping up with homebuyer demand. In fact, the lowest recorded housing inventory occurred this time last year.

In 2019, things are beginning to pick up, especially as more people put their homes on the market. With more homes for sale, it’s predicted that the nation will see 7% inventory growth over the next 12 calendar months. This is no drastic change, but it’s certainly not one to scoff at following a down year.

For homebuyers, this is terrific news; for sellers, however, it’s no reason to celebrate. With increased home inventory across the board, sellers will face stiffer market competition. They’ll be forced to rethink their listings, price points, and sales strategy altogether in order to get their homes sold.

 Affordability Still an Issue
Even with a predicted increase in housing inventory, homes will not be any more affordable than they have been in years past. Once again, mortgage rates and general home prices are expected to increase in 2019. By the end of the year, mortgage rates could spike an entire half percentage point, meaning an average 8% mortgage payment increase on most homes.

 Millennials Remain on top
Older millennials (those in their 30s) are more and more settling down and purchasing homes. While this sub-generation assumed the stigma of one that simply doesn’t buy homes like its preceding generation, there is good reason for it—student loans and a fierce housing market caused older millennials to get off to a bit of a “rocky start” in terms of homebuying. In 2019, however, millennials compose 45% of homebuyers and are now the largest homebuyer group in the United States. In 2019, this trend is expected to continue.

A Continuing Trend
Regardless of predictions and trends in 2019, Property Debt Research remains a highly trusted source for Municipal Lien Searches in and beyond Florida.

With over 20 years in the industry, PDR brings cutting-edge technology, the fastest turnaround times in the industry, and a knowledge base of municipal search nuances that comes from decades of experience in title support.

Get in touch with a PDR consultant today.

The holidays have arrived! It’s the time of year when families take vacations, gather for get-togethers, and spend more time with those they love most.

Restaurants are filled to the brim with customers, stores are flooded with last-minute gift-buyers and people rushing for holiday presents, and kids are off school and in full play mode.

But even during this season of rushing, one thing helps us to slow down and reflect—the joy of the holiday season.

Life is hectic, work is busy, and there are always things to be done. But when the holidays roll around, time seems to stand still and our loved ones truly feel like the most important thing in our lives.

At Property Debt Research, we are so grateful for the gift of your referrals, your business, and the chance to play a part in helping your clients realize their dreams of homeownership.

From our entire PDR family, we wish you and your family a joyful, restful, and food-filled holiday season.

Happy Holidays,
The Property Debt Research Team

Thanksgiving 2018

With Thanksgiving week upon us, we’re baffled by how quickly 2018 has flown by.

As we sit down with our families to exchange words of gratitude and share plenty of food (and pie!), we consider the root of our thankfulness: Is it circumstantial? Is it grounded in the idea of always giving thanks, because whether it’s family, friends, or food, we always have something to be thankful for?

As you sit down with your loved ones, we encourage you to consider the same things: Is there a roof over your head? Do you have food to eat? Have your needs been met in this last year that have been overlooked?

When we root ourselves in thankfulness, we’re striving to spend this Thanksgiving weekend—and every day—as a positive and grateful response to all of life.

Let’s be grateful together for what we have, what we share, and what is to come in the new year.

At Property Debt Research, we are immensely thankful for your business, your referrals, and—most of all—we’re thankful for the opportunity to help you make your client’s home ownership dreams come true.

From all of us, we wish you and your families a happy and healthy Thanksgiving holiday.

Blessings and thanks to you all,
The Property Debt Research Team

According to a Redfin analysis, nearly 27% of home sellers reduced their listing price by at least 1 percentage point during a four-week period ending Sept. 16, 2018.

The 26.6% of home sellers who lowered their selling price during that period, according to Redfin, is a record—at least since the metric began to be regularly tracked in 2010.

Taylor Marr, a Senior Economist at Redfin, says buyers are becoming choosier in response to a softening market.

“After years of strong price growth and intense competition for homes, buyers are taking advantage of the market’s easing pressure by being selective about which homes to offer on and how high to bid,” Marr said.

“…The increase in price drops may be another indicator that sellers are going to have trouble getting the prices, and the bidding wars, that they may have just months ago…Instead, many are finding their homes are sitting on the market without much interest until they start reducing their prices.”

The number of home sellers who dropped their selling price has increased 4.8% from the same period one year ago, according to the same analysis.

During that period, 21.7% of homes experienced a price drop. Since late March, that trend has continued fairly consistently.

Jessie Culbert, a Redfin real estate agent in Seattle, believes that sellers are using price drops strategically rather than out of urgency or desperation.

“In a market where we’re seeing more inventory, sellers may choose to use price reductions to continue to generate interest in their home for sale,” Culbert said.

“Ultimately, the market dictates the appropriate price for any given home.”

Habitat for Human Property Debt ResearchAs one of the nation’s most impactful non-profit organizations, Habitat for Humanity helps families build and improve places they can call home.

With values built on its strong commitment to building affordable housing and creating stable, self-sustaining communities, Habitat for Humanity has impacted thousands of families across the United States.

But families aren’t the only ones that feel the weight of positive community impact—businesses like us do, too.

At PDR, we’re proud to partner with such a genuine organization that actively works to improve lives through housing and shelter development.

Our partnership with Habitat for Humanity runs deeper than donations. Over the past few years, we’ve had the privilege of volunteering in the field alongside those who make a living by helping others find their own.

A few highlights of our work with Habitat for Humanity:

  • We donate a portion of every sale to Habitat for Humanity Florida.
  • Those contributions get dispersed to all 57 locations enabling us to help families across all of Florida.
  • Over the past two years (2018 and 2017), we’ve been honored to contribute $9,478 and $11,391, respectively.
  • Each year we take part in a build, and have done two so far. (a demolition and a painting)

With an new event coming up on November 17th, we eagerly look forward to continuing work with an organization we’re proud to join hands with.

Learn more about Habitat for Humanity:


Habitat for Humanity PDR Volunteer Habitat for Humanity PDR Volunteer Habitat for Humanity PDR Volunteer
Habitat for Humanity PDR Volunteer Habitat for Humanity PDR Volunteer Habitat for Humanity PDR Volunteer