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[-] Title Commitment - Don (Chunshen) Li/FL (11 replies)
12/30/2016 5:37:42 PM (2554 views)
Re: Title Commitment - Robert Newton/MI
1/3/2017 8:18:03 AM (2516 views)
Re: Title Commitment - Don (Chunshen) Li/FL
1/3/2017 10:21:49 AM (2613 views)
Re: Title Commitment - Wendi See/SC
1/3/2017 2:27:05 PM (2485 views)
Re: Title Commitment - Don (Chunshen) Li/FL
1/3/2017 2:40:42 PM (2470 views)
Re: Title Commitment - James Powell/MI
1/5/2017 8:35:15 AM (2443 views)

Don -

The problem is that a title commitment is only a small part of the business. Most companies are also closing agents (especially east of the Mississippi). They need a software package that can handle the Closing Disclosure/HUD-1, balance a file, disburse checks, etc. as well as producing a commitment and a policy. Most of the software packages that are available do all of this. SoftPro, Ramquest, Steamline, Title Express, all have been in the business for years. They are at the point of polishing existing commitment templates as part of their overall package. For example, all of these vendors have the capability of easily converting a commitment to a policy post-closing. Have you even considered the steps involved to do this conversion? Can you handle the different policy forms that can be generated from a single commitment?

I do not think I have ever met a title agent who bought their software package based on how the commitment was produced. They are usually more concerned with how it handles the escrow side. 

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Re: Title Commitment - Don (Chunshen) Li/FL
1/5/2017 10:17:00 AM (5199 views)
Re: Title Commitment - James Powell/MI
1/6/2017 8:48:31 AM (2667 views)
Re: Title Commitment - Don (Chunshen) Li/FL
1/6/2017 9:10:30 AM (2443 views)
Re: Title Commitment - Robert Newton/MI
1/5/2017 12:00:13 PM (2442 views)
Re: Title Commitment - Don (Chunshen) Li/FL
1/5/2017 9:42:06 PM (2486 views)
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1/9/2017 10:30:01 AM (2557 views)

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