Stewart Title Costa Rica Continues Expansion
HOUSTON, TX (August 11, 2008) - Stewart Title Costa Rica (STCR) opened the doors
to its new office in Tamarindo, Guanacaste. The opening was celebrated June 20,
2008 at an event organized for clients and business partners.
Stewart Title Costa Rica is a wholly owned subsidiary of Stewart Title Latin
America (STLA) and an agent of Stewart Title Guaranty Company, a wholly owned subsidiary
of Stewart Information Services Corp. (NYSE-STC).
The area has experienced amazing growth and the large number of requests from
the region prompted Stewart Title Costa Rica to open this new office. Tamarindo,
the newest Stewart Title Costa Rica operation, joins a growing network of Latin
American and Caribbean operations providing both international and local purchasers
and lenders with cutting-edge title and real estate information services.
"Our region has historically been a cash-driven market," said Christopher Hill,
CEO of Stewart Title Latin America. "That is changing, and our mortgage services
division is a key component to facilitating the needs of both the borrower and lender
in the transaction process."
Dynamic and complete mortgage solutions, offered in one convenient location are
going to be strong advantages of this new office. Although the Tamarindo office
focuses on providing solutions for mortgage services - through the Mortgage Alliance
Program (MAP), designed specifically for real estate professionals - all clients
will also have access to all services offered by Stewart Title Costa Rica.
"STCR, in accordance with a clearly defined strategy established by STLA Management
team, strongly believes that the entire Costa Rican market (developers, Realtors®,
lenders and attorneys) will benefit from the business platform provided by MAP,"
said Orlando Lopez, General Manager, Stewart Title Costa Rica. "The main objective
is to provide the best financial solutions to the residential buyers, according
to their particular needs, increasing the number of transactions and enhancing them
at the same time. The opening of the MAP office in Tamarindo reflects the commitment
of Stewart Title Costa Rica to provide value to the markets we serve."
Stewart Title Costa Rica provides a suite of products and services, enhancing
local real estate transaction processes. The office's products and services include
title guarantees, escrow services, closing coordination, online file management
and other administrative services necessary for real estate closings.
Stewart Title Costa Rica, Tamarindo, is located on the second floor of Sol Center
shopping plaza, across the street from Automercado. For more information contact
Stewart Title Costa Rica at 506-2653-2713 or
map@stewartcr.com.
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