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NALTEA Nashville Meet and Greet - Debi Merrill/TN
8/5/2011 10:14:17 AM (2759 views)

SJC Ruling provides boost for those in eviction - Leigh Attridge/MA
8/4/2011 3:00:04 PM (3925 views)

Software question - F P/VA
8/4/2011 7:48:24 AM (3230 views)
Re: Software question - Alix Ott/MI
8/8/2011 10:55:15 AM (5749 views)
Re: Software question - William Pattison /CA
8/8/2011 12:53:22 PM (5598 views)
Re: Software question - Bill Garrett/MS
8/8/2011 12:55:41 PM (5598 views)

Foreclosure in VA - michael rafferty/VA
8/3/2011 10:09:02 AM (3128 views)
Re: Foreclosure in VA - STEVE MEINECKE/TN
8/3/2011 11:30:52 AM (5593 views)
Re: Foreclosure in VA - James Hill/VA
8/6/2011 7:41:20 AM (5619 views)

Another Random Question - Brad Bradbury/PA
8/1/2011 8:39:51 PM (3540 views)
Re: Another Random Question - William Pattison /CA
8/2/2011 4:11:33 PM (5943 views)
Re: Another Random Question - Brad Bradbury/PA
8/2/2011 8:46:42 PM (5878 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 1:23:33 AM (5785 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 10:57:31 AM (5724 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 11:29:49 AM (5790 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 12:28:11 PM (5602 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 12:53:09 PM (5713 views)
Re: Another Random Question - Robert Franco/OH
8/4/2011 9:46:50 AM (5667 views)
Re: Another Random Question - Brad Bradbury/PA
8/4/2011 10:45:20 AM (5632 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 12:46:16 PM (5705 views)
Re: Another Random Question - Constance Foye/VA
8/23/2011 12:20:28 AM (5434 views)
Re: Another Random Question - Ron McPherson/IA
8/3/2011 10:52:32 AM (5657 views)
Re: Another Random Question - Sheila Sten/PA
8/4/2011 6:47:26 PM (5744 views)
Re: Another Random Question - Cheryl Hartzman/PA
8/8/2011 3:48:13 AM (5551 views)
Re: Another Random Question - William Pattison /CA
8/8/2011 1:06:22 PM (5506 views)
Re: Another Random Question - J. Newberry, Sr./WI
8/9/2011 12:42:59 PM (5481 views)




Random Question... - Branden Rodgers/OH
8/1/2011 4:29:33 PM (4583 views)
Re: Random Question... - James Powell/MI
8/2/2011 8:13:11 AM (5650 views)
Re: Random Question... - William Pattison /CA
8/2/2011 4:39:30 PM (5481 views)
Re: Random Question... - Bill Garrett/MS
8/8/2011 1:35:45 PM (5310 views)

This is not really about fishing..... - F P/VA
7/31/2011 7:45:20 PM (3502 views)
Two Words: Price Fixing - Scott Perry/PA
7/31/2011 9:32:49 PM (5603 views)
Re: This is not really about fishing..... - Kevin Ahern/CT
8/1/2011 8:19:17 AM (5559 views)
Re: This is not really about fishing..... - F P/VA
8/1/2011 10:50:30 AM (5368 views)

Paying for Title Insurance - Leigh Attridge/MA
7/31/2011 10:29:11 AM (4063 views)

Optional History Classes in Public Schools? - William Pattison /CA
7/29/2011 7:02:10 PM (4876 views)
Re: Optional History Classes in Public Schools? - George Booth/OH
8/2/2011 5:23:29 PM (5409 views)
Re: Optional History Classes in Public Schools? - Leigh Attridge/MA
8/3/2011 8:05:09 AM (5420 views)
Re: Optional History Classes in Public Schools? - William Pattison /CA
8/8/2011 12:49:31 PM (5269 views)

BOA Demolishing Homes - Leigh Attridge/MA
7/28/2011 6:42:24 PM (4484 views)
Re: BOA Demolishing Homes - William Pattison /CA
8/9/2011 2:41:51 PM (5313 views)

Software advice - Rebecca Cowart/MS
7/28/2011 3:49:41 PM (3391 views)
Re: Software advice - mason haas/NY
7/29/2011 11:23:41 AM (5790 views)
Re: Software advice - STEVE MEINECKE/TN
7/31/2011 1:32:27 PM (5740 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:53:54 AM (5556 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:52:42 AM (5454 views)
Re: Software advice - Michael Graves/FL
8/1/2011 9:30:41 AM (5490 views)
Re: Software advice - Bill Garrett/MS
8/1/2011 10:45:44 AM (5577 views)
Re: Software advice - Rebecca Cowart/MS
8/1/2011 8:02:48 PM (5588 views)

Guaranteed Payment System - Scott Aduddell/MO
7/27/2011 11:07:56 AM (3558 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 11:59:06 AM (5726 views)
Re: Guaranteed Payment System - Kym/NJ
7/27/2011 1:21:25 PM (5632 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 5:19:26 PM (5763 views)
Re: Guaranteed Payment System - Randolph/VT
7/27/2011 10:08:53 PM (5713 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
7/28/2011 3:27:05 PM (5590 views)
Re: Guaranteed Payment System - Scott Aduddell/MO
7/28/2011 8:38:00 PM (5694 views)
Re: Guaranteed Payment System - Patrick Scott/IL
7/28/2011 11:45:07 PM (5666 views)

I think I may be missing something here.  Is the client actually releasing funds into an escrow account, to be held until the agreed upon payment date?  And, if so, who controls the escrow account(s)?  Is that how the client commits to payment?

If the client is required to release funds prior to downloading the search, then the money's gone.  So why not pay the abstractor right then and there?  Why wait until some future date?  Unless, that's how you would earn your profit, from interest on the account(s), in which case, I applaud your ingenuity.

I doubt, however, that it will ever get off the ground.  There are any number of reasons why the client does not pay the abstractor up front.  And I don't think adding an extra step for them to get their product is going to do much to induce them to turn their accounting systems upside down, as well as their order production and management systems - which often involve the abstractor typing the report directly into their system. 

I would not be the first to sign on to your program, because then I, and those who join me as your clients, are going to lose half of our customers right off the bat. 

And what about this?  If you control all that money destined for abstractors, what's to stop you from running off with it at some point?  Wouldn't be the first time an escrow account was raided.

Nice idea.  And good for you, thinking outside the box.  Unless I'm misunderstanding how it would work, which would not be the first time, it ain't gonna happen.

 

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Re: Guaranteed Payment System - Scott Aduddell
8/1/2011 4:45:24 PM (5539 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
8/1/2011 3:36:40 PM (5543 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/29/2011 10:43:01 AM (5724 views)
Re: Guaranteed Payment System - William Pattison /CA
8/1/2011 11:47:23 AM (5463 views)
Re: Guaranteed Payment System - John Campbell/CA
2/6/2012 8:16:07 PM (4540 views)
Re: Guaranteed Payment System - Scott Perry/PA
2/8/2012 9:25:08 AM (4300 views)
Re: Guaranteed Payment System - Robert Franco/OH
2/8/2012 10:34:24 AM (4289 views)

Update on New Millenium Title - Leigh Attridge/MA
7/27/2011 8:50:37 AM (3686 views)
Re: Update on New Millenium Title - steve-o title/TX
8/2/2011 4:03:20 PM (5271 views)
Re: Update on New Millenium Title - Stephenie Page/RI
9/7/2011 7:48:20 PM (4915 views)

Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
7/26/2011 8:48:33 AM (3940 views)
Re: Day Late & A Dollar Short - New Millenium Title - Stephen Williams/MO
8/1/2011 6:00:54 PM (5179 views)
Re: Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
8/2/2011 7:57:19 AM (5243 views)

Massachusetts single family home sales post worst June in two decades - Leigh Attridge/MA
7/26/2011 8:31:39 AM (3925 views)


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