CATIC is pleased to announce that its proprietary software, PrepExpress Online® (PE Online), is now available for use in Florida transactions. This customized closing tool was developed in-house by our knowledgeable IT staff, with input from the paralegals, attorneys, and title agents who use the software every day. PE Online streamlines the preparation of policies, while automating the calculation of tax adjustments, recording fees, conveyance and transfer taxes, and disbursements. Other features include the creation of closing protection letters; the export of disbursement data; and the preparation of 1099-S forms, the Closing Disclosure, and the HUD-1 Form.
PE Online is offered exclusively to CATIC agents, at no cost. It has been used for several years by CATIC agents in the other states in which we operate, and our agents often comment on the program’s ease of use and its straightforward and intuitive nature. We anticipate that our Florida agents will agree!
To learn more about CATIC and the many ways in which we can help you increase your productivity and keep your overhead costs in check, contact Christopher Condie, Senior Vice President, Florida State Operations.
CATIC is the major operating subsidiary of its parent holding company, CATIC Financial, Inc. In business for more than 50 years, the Company has offices throughout New England and in Florida, and issues its policies through a network of more than 3,000 attorneys and independent title agents. The Company is an underwriting member of the American Land Title Association (ALTA) and the North American Bar-Related® Title Insurers. Its sister company, CATIC Title Insurance Company, issues title policies in New York, New Jersey, and Pennsylvania. Through an affiliate, the Company also provides services in connection with tax-deferred exchanges of like-kind property.