NextAce Takes Automated Title Search Platform Nationwide
|September 17, 2013|
Marking its 10th year providing automated real property data and images, NextAce Corp. announced the national availability of its patented Title EDGE automated title search platform directly from NextAce's website.
Title insurers and others can access Title EDGE at any time and process one or more orders directly from their desktop or mobile device, the company said in a release. Results are delivered within minutes and, depending on the product type requested, can include a chain of title, GI or name search chain, voluntary and involuntary liens, maps, taxes and relevant document images for residential properties, according to the company. The new functionality is based on the same NextAce core technology currently in use on more than 10 percent of the title transactions that occur on a daily basis throughout the U.S.
The automated platform combines a superset of data from major title plants, non-traditional property data and other sources from across the country. NextAce also said the date comes from more than 600 counties for taxes and accesses images in 1,000-plus counties.
“The availability of Title EDGE through our website expands automated search and examination to title agents, underwriters, lenders, attorneys, and others who may not have had the volume to warrant the technology and time investment required to implement this type of automation,” said NextAce CEO Don Cantral. “By accessing the website, they can now leverage our substantial investment and experience gained by processing millions of orders, on a transactional basis. This opens the door to savings and processing efficiencies for operations of all sizes in many areas throughout the country.”