Data Trace Information Services LLC, the nation’s largest provider of data services to the settlement services industry, announced today that it has completed its statewide title plant expansion project in Florida with the addition of data from Charlotte and Putnam counties.
Florida is now the second state in which Data Trace has complete title plant database coverage. Data Trace announced in March that it had finalized its title plant expansion into every county in California. Florida is a strategic market for Data Trace and, according to a study posted on Realtor.com, Florida was home to five of the 20 most active U.S. real estate markets in the month of February 2012. Settlement services companies rely on timely and accurate information from Data Trace’s title plant databases to assist in conducting real estate transactions, such as housing sales and refinances.
”We entered Florida more than 30 years ago with our first title plant in Hillsborough County,” said Robert Karraa, president of Data Trace. “We have always had a strong commitment to the Florida market and are proud to have achieved this important milestone in our geographic expansion plan.”
About Data Trace
Data Trace Information Services LLC provides technology that enables settlement services companies to connect to regional title databases and access them using a standardized interface. The Data Trace system is the largest and most advanced of its kind and delivers title history information, property tax assessment and payment data, document images and property profiles in major metropolitan areas across the United States. With its significant geographical coverage, Data Trace’s title plant and tax database of nearly 1 billion records is the broadest and most comprehensive title information system available and is used by the largest national title insurance underwriters in the U.S. For additional information, visit Data Trace's website at www.eDataTrace.com.