PropertyInfo reaches transactional landmark with more than 7.8 million title searches processed in 2007
HOUSTON (Jan. 31, 2008) - eTitleSearch.com™, PropertyInfo Corporation’s Web portal for publishing land records and title plant information, processed more than 7 million transactions in 2007, reaching a company all-time high.
“As the real estate transaction continues to move into the digital age, the way title and escrow officers search for title information has changed to include online searches of public land records,” says Neal Morris, Internet services director of the title plant software/ePlant publishing division of PropertyInfo. “Given our growth of the number of title search inquiries to a record 7.8 million transactions in 2007 over previous years’ at 4 million in 2006, and 1 million in 2005, it is evident that electronic searches have become a standard business practice.”
“We attribute the increase in production to the growing acceptance of online searches, addition of 26 counties and the accuracy and depth of our data,” said Steve Culver, vice president of sales for the title plant software/ePlant publishing division of PropertyInfo. “PropertyInfo hosts a mixture of databases in 112 counties across the United States; sizes and depths of title information range from 3-5 years of past data, some extending all the way back to sovereignty.”
“Current market conditions are compelling the title industry to consider other opportunities for revenue,” added Morris. “Our eTitleSearch customers have expanded their market presence, improved customer service and increased revenue through the usage of electronic searches – improving their overall financial success. Our customers have not only made their land records available on the Internet, they have also enabled their customers to search online with premium features.”
eTitleSearch.com was launched in 1999 with a simple goal – to be the premiere Web site for publishing land records. Users of eTitleSearch.com include title companies, mortgage companies, banks, real estate professionals, credit unions, and members of the public who access land records via county subscribers.
eTitleSearch.com recently released its Professional User Interface, to optimize the title examiner’s efficiency and productivity, including SearchManager™ and Advanced Search Analysis™. SearchManager is an order-centric workspace allowing search results to be sorted, printed, and e-mailed to the examiner’s specifications. Advanced Search Analysis applies user-defined rules to identify examination issues and to create requirements and exceptions.
In addition, eTitleSearch.com provides advanced searching features such as:
- Phone book and hyperlink name searching
- Range of dates
- Book and page range
- Instrument types
- SoundEX and initial name matching
About PropertyInfo Corporation
PropertyInfo Corporation, a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), delivers state-of-the-art real estate information solutions to the real estate, closing and mortgage industries. As a global provider of online transaction management and e-closing solutions, real estate information services, title/escrow production systems, hosting services, software development and online product distribution via its Web portal, PropertyInfo.com, PropertyInfo provides title and real estate professionals with the electronic data and integrated applications needed to increase their business efficiency and improve the quality of information used throughout the real estate transaction process. For more information, visit www.propertyinfo.com or e-mail firstname.lastname@example.org.
Stewart Information Services Corp. is a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at http://www.stewart.com.