CentRealTech Inc Automated Title Technology Is Available in Newly Expanded Territories
Released on: June 24, 2008, 9:33 pm
Press Release Author: Alex Kachanov / CentRealTech, Inc.
Industry: Real Estate
Press Release Summary: (Access to Property-Indexed Plants, Documents, Maps, and Tax Information)
Press Release Body: Robert Matanane, President of CentRealTech, Inc., has announced they've acquired access to property-indexed title plants, documents, maps, and tax information for more than 150 recording centers across the nation. "We can now provide the benefits of the CentRealTech "One Click" Automated Title System to Title Companies for these areas, even if they don't have access to computerized title plants, document images, maps, or tax information," explained Mr. Matanane. "Previously, our system needed the customer's access to this data, so our technology and services were limited to title companies possessing that access. Now our customers have the option of using it in conjunction with their access, or our access, for these areas. We can empower title companies without access to these resources to effectively rival any competitor."
The CentRealTech "One Click" System uses a property-indexed title plant to automatically assemble the indices, defined documents, maps, and tax information, typically in less than 2 minutes. Within that same timeframe, it can also generate a specified Foundation Product (e.g. Preliminary report, Commitment, Guarantee, customized document, etc.) that's more than 90% complete, which the title company can usually finish in a few minutes by using the system's tools. The system can be used independently to process title files from opening through issuing policies and endorsements upon closing the transaction, or portions from it can be integrated with systems already in use.
"Our system provides a consistent platform for processing title files in all of these locations," explained Mr. Matanane. It enables title companies to competitively issue their products everywhere they're licensed, even in locations they've previously considered impractical. We can help local companies develop regional markets, or regional companies develop national markets. More importantly, consumers benefit when title companies efficiently and economically service these markets."
More information about CentRealTech, Inc. products and services can be found at http://www.centrealtech.com.
Web Site: http://www.centrealtech.com
Contact Details: CONTACT: Robert Matanane, President robert at centrealtech.com
Dave Hall, Title Specialist dave at centrealtech.com