DataTrace®, the nation’s largest provider of
data and automation solutions to the title and settlement services industry,
announced today the company can provide title professionals access to
historical property document images that are currently unavailable through New
York City’s Automated City Register Information System (ACRIS).
The ACRIS portal currently houses
information from January 1966 to present for Bronx, Kings, New York and Queens
counties. DataTrace has acquired documents pre-dating ACRIS, and digitally
enhanced them to make them more legible. These newly available, high-quality
images date back to the 17th century through 1966. Access to these
images will save title professionals time and reduce expense in the property
transfer process, particularly when they are researching land subdivision
issues.
To assist clients in finding the
images they need, DataTrace is also offering optional access to the county
historical index through a fixed-fee subscription service. It’s designed to
help find specific documents that pertain to the property in question because,
once identified, the images can then easily be pulled from the repository.
“Our clients look to DataTrace for
critical information needed for their real estate closings,” said Chuck Mauro,
vice president of operations at DataTrace’s New York regional office, which
offers a comprehensive set of New York state data and managed services to
assist title producers. “Both the historical images and indices are
available through our order entry and retrieval system, SearchTrax. The
combination of these two digital assets effectively eliminates the cost and
time to physically visit the courthouse to conduct real estate due diligence in
Metro New York. By eliminating the need to physically visit the courthouse,
DataTrace has achieved single-seat title production through remote access in
the four ACRIS counties of New York City. Our customers can now expedite real
estate closings for their clients, helping them achieve the American dream of
homeownership faster.”
Key benefits for title professionals
include:
Superior Image Quality: First generation, digitally enhanced images
are directly from source image films, meaning the quality is superior to what
is available in the courthouses today.
Predictable Pricing: The fixed fee makes it easy for title professionals to assess
client charges and better manage their costs.
Time and Cost-Savings: Title professionals no longer have to travel to and from
courthouses to physically search for document images that pre-date what’s
available in the ACRIS portal. An optional subscription to Pre-ACRIS Historical
County Indices is available to assist title professionals in finding the images
needed, further reducing the need to visit the courthouse.
Convenience: Title professionals can pull the enhanced images, which are
useable without further alteration, right from the DataTrace system. The image
repository eliminates the need to make multiple copies while adjusting gray
scale to create a readable image.
Flexibility: Title professionals can expand their hours of operation because
they are no longer limited by the courthouse hours of operation. Users can
search for and access the documents virtually anytime and anywhere.
About
DataTrace
DataTrace Information Services,
LLC provides advanced real estate title search technology, automation and
production services that enable settlement services companies to quickly access
and search regional title databases through a secure application. The DataTrace
system delivers title history information, property tax assessment and payment
data, document images and property profiles in 47 states across the United
States. With its significant geographical coverage, DataTrace title plant and
tax database is the broadest and most comprehensive title information system
available and is used by the largest national title insurance underwriters. For additional information, visit www.DataTraceTitle.com.