VATC Title Update & CATICTrac Services
Many of our members already use VATC's Update Service along with CATIC's Discharge Tracking Service.Tracking Services. More and more members are using CATIC's Aged LienService to track down missing discharges. What's the difference between these three time and money saving services?
VATC Update Service ($30.00)
A post-closing update is ordered online immediately after closing. Our updater gets
to the land records within 45 days post-closing and reports back all recording
information, including discharges. We also report back potential title issues we spot.
If the discharge(s) are not yet in the land records by day #45, it is up to the member
office to continue to track it/them.
VATC Discharge Tracking Service (Update Service fee plus $20.00 per M
ortgage)
This is an add-on to our post-closing Update Service (above). For $20 per open
seller/borrower mortgage, we will continue to track an undischarged lien until it is
recorded! No more problem discharges.
CATIC Aged Lien Service
(Starts at $175.00)
For Mortgages and liens that are not "active/current", CATIC's Aged Lien Service will
track them for you. You can track the status of your order on-line and you pay ONLY IF a discharge is obtained.
Pricing: $175.00 if the payoff was made within the past 9 years; $250.00 if the
payoff was made 10+ years ago. (Prices do not include the appropriate recording fees).
To place an on-line Aged Lien Order: Log on to the
CATIC.com, click on "Agents", then "CATICTrac" and choose "Place Aged Lien Release Order."Questions? Contact CATICTrac at 800-842-2216 and they will be happy to assist
you!
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