CentRealTech
EL DORADO HILLS, CA, December 01, 2011
/24-7PressRelease/ -- CentRealTech Inc.(CRT) announces a new Division to provide services associated with processing foreclosure related title insurance products. This service is currently available for all locations within California, but will soon include other states too. This Division has been formed as a result of numerous inquiries from title companies seeking services specifically focused on the foreclosure process.
Robert Matanane, CEO and President of CentRealTech Inc., reports: "We have been receiving an increased number of requests from title companies for services related to the processing of Trustee's Sale Guarantees and Litigation Guarantees. These guarantees are used to provide insurance to a Trustee or attorney processing the foreclosure of the property used as collateral for a defaulted loan. Many lenders consider these guarantees an essential part of a bundle of services a title company must be capable of providing in order to also insure the resale of the collateralized property following the foreclosure. The professionals within our newly formed Division have been specifically trained to meet the unique title processing requirements for the guarantees used for this purpose."
CRT's newly formed Division will interface with the title company or lender's preferred Trustee Service Provider, or we can recommend someone from CRT's network of professional business partners that provide this service. This Division can provide a customer-ready Trustee's Sale Guarantee or Litigation Guarantee for the title company to review and issue within 24 hours of receiving the request. This is important because the requisite notices for the foreclosure process are very time sensitive. These guarantees will also contain hyperlinks to the referenced recorded documents for added use and convenience. The guarantee is returned with the indices, documents, maps, and tax information used to prepare it, so the title company can thoroughly review their required information. The package can also include the customary 10 day letter for the title company to print, execute and forward to the Trustee. As an added benefit for our clients, we can also assist with the date down of the guarantee prior to the scheduled sale.
About CentRealTech
CentRealTech, Inc. provides a state of the art, single seat title processing system delivered over the internet as a Software as a Service solution. The powerful One Click System provides title companies the ability to economically and efficiently process title transactions. For those title companies that wish to outsource, CRT's Ultimate Service provides On-Shore title processing services utilizing highly experienced U.S. title professionals. Founded in 2007, CentRealTech is a privately held software/technology and services company located in El Dorado Hills, CA that specializes in innovative products and professional services for the title insurance industry and its real estate and lender customers.
COMPANY CONTACT
Michael F. Roy
CentRealTech, Inc.
708-507-7598
mike.roy@centrealtech.com
www.centrealtech.com---
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Press Release Keywords:- centrealtech, trustee sale, litigation guarantee services, foreclosure, tsg, title company, lender, attorney, real estate, software as a service, saas
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