New York, New York (PRWEB) September 12, 2016
TitleVest, a member of the First American family of companies and leading provider of title insurance and related real estate services, today announced its digital library of cooperative and condominium offering plans and amendments now spans more than 6,000 properties and includes more than 337,301 units. The library, which began as a central repository to assist New York City real estate attorneys and agents, has also expanded its database to include plans from Westchester, Nassau and Rockland counties.
“Historically, obtaining a copy of an offering plan, along with its amendments, was a problematically time- and dollar-consuming process,” said Brian D. Tormey, president of TitleVest. “By growing our library of offering plans and expanding our inventory beyond the five boroughs, we have been able to build an indispensable resource for attorneys and agents that further simplifies the closing process by delivering a digital copy reviewable on any device within two hours of a request.”
TitleVest launched its condo and cooperative offering plan library in beta in October 2010, providing clients with a centralized, digital resource – with full text search functionality, bookmarking for easy review, and navigation encoded in each plan. Since then, it has grown to include more than 6,000 offering plans, representing more than 75 percent market share of all plans in the city’s five boroughs.
"A digital library of offering plans is a resource the industry was sorely lacking," said Bruce Cohen, partner at Cohen & Frankel, LLP. "The keyword search functionality and easy online access make TitleVest's library of coop and condo offering plans an indispensable resource.”
TitleVest’s offering plan library has also recently undergone a technology upgrade, which now allows users to more easily access the offering plans and related amendments from any digital device. The new platform provides several enhancements to the user experience and broadens the web-based accessibility.
“We are excited to see our technology deployed by TitleVest to deliver a cutting-edge, user-friendly solution to New York City attorneys and realtors,” said Amy Ross, director of sales at Vitrium. “With our newly enhanced system, TitleVest clients can easily access this great resource from any device either at the office or on the go.”
To learn more, visit http://www.titlevest.com.
Founded in 2000, TitleVest (http://www.titlevest.com) is a leading New York City-based title insurance agency and member of the First American (NYSE: FAF) family of companies, offering a full range of title insurance and related services for real estate property purchase and refinance transactions. TitleVest has earned the New York Law Journal’s “Best Title Agency” award in 2013, 2014 and 2015, as determined by its annual Reader Rankings survey.
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. With revenues of $5.2 billion in 2015, the company offers its products and services directly and through its agents throughout the United States and abroad. More information about the company can be found at http://www.firstam.com.