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SJC Ruling provides boost for those in eviction - Leigh Attridge/MA
8/4/2011 3:00:04 PM (3930 views)

Software question - F P/VA
8/4/2011 7:48:24 AM (3231 views)
Re: Software question - Alix Ott/MI
8/8/2011 10:55:15 AM (5752 views)
Re: Software question - William Pattison /CA
8/8/2011 12:53:22 PM (5602 views)
Re: Software question - Bill Garrett/MS
8/8/2011 12:55:41 PM (5607 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 (5598 views)
Re: Foreclosure in VA - James Hill/VA
8/6/2011 7:41:20 AM (5622 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 (5952 views)
Re: Another Random Question - Brad Bradbury/PA
8/2/2011 8:46:42 PM (5882 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 1:23:33 AM (5791 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 10:57:31 AM (5729 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 11:29:49 AM (5794 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 12:28:11 PM (5603 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 12:53:09 PM (5717 views)
Re: Another Random Question - Robert Franco/OH
8/4/2011 9:46:50 AM (5670 views)
Re: Another Random Question - Brad Bradbury/PA
8/4/2011 10:45:20 AM (5636 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 12:46:16 PM (5711 views)
Re: Another Random Question - Constance Foye/VA
8/23/2011 12:20:28 AM (5438 views)
Re: Another Random Question - Ron McPherson/IA
8/3/2011 10:52:32 AM (5666 views)
Re: Another Random Question - Sheila Sten/PA
8/4/2011 6:47:26 PM (5750 views)
Re: Another Random Question - Cheryl Hartzman/PA
8/8/2011 3:48:13 AM (5553 views)
Re: Another Random Question - William Pattison /CA
8/8/2011 1:06:22 PM (5512 views)
Re: Another Random Question - J. Newberry, Sr./WI
8/9/2011 12:42:59 PM (5485 views)

Random Question... - Branden Rodgers/OH
8/1/2011 4:29:33 PM (4584 views)
Re: Random Question... - James Powell/MI
8/2/2011 8:13:11 AM (5652 views)
Re: Random Question... - William Pattison /CA
8/2/2011 4:39:30 PM (5486 views)
Re: Random Question... - Bill Garrett/MS
8/8/2011 1:35:45 PM (5319 views)




This is not really about fishing..... - F P/VA
7/31/2011 7:45:20 PM (3504 views)
Two Words: Price Fixing - Scott Perry/PA
7/31/2011 9:32:49 PM (5606 views)
Re: This is not really about fishing..... - Kevin Ahern/CT
8/1/2011 8:19:17 AM (5562 views)
Re: This is not really about fishing..... - F P/VA
8/1/2011 10:50:30 AM (5370 views)

Paying for Title Insurance - Leigh Attridge/MA
7/31/2011 10:29:11 AM (4064 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 (5414 views)
Re: Optional History Classes in Public Schools? - Leigh Attridge/MA
8/3/2011 8:05:09 AM (5425 views)
Re: Optional History Classes in Public Schools? - William Pattison /CA
8/8/2011 12:49:31 PM (5272 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 (5316 views)

Software advice - Rebecca Cowart/MS
7/28/2011 3:49:41 PM (3392 views)
Re: Software advice - mason haas/NY
7/29/2011 11:23:41 AM (5793 views)
Re: Software advice - STEVE MEINECKE/TN
7/31/2011 1:32:27 PM (5745 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:53:54 AM (5565 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:52:42 AM (5459 views)
Re: Software advice - Michael Graves/FL
8/1/2011 9:30:41 AM (5494 views)
Re: Software advice - Bill Garrett/MS
8/1/2011 10:45:44 AM (5585 views)
Re: Software advice - Rebecca Cowart/MS
8/1/2011 8:02:48 PM (5595 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 (5727 views)
Re: Guaranteed Payment System - Kym/NJ
7/27/2011 1:21:25 PM (5639 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 5:19:26 PM (5770 views)
Re: Guaranteed Payment System - Randolph/VT
7/27/2011 10:08:53 PM (5717 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
7/28/2011 3:27:05 PM (5594 views)
Re: Guaranteed Payment System - Scott Aduddell/MO
7/28/2011 8:38:00 PM (5695 views)
Re: Guaranteed Payment System - Patrick Scott/IL
7/28/2011 11:45:07 PM (5671 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 (5543 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
8/1/2011 3:36:40 PM (5547 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/29/2011 10:43:01 AM (5727 views)
Re: Guaranteed Payment System - William Pattison /CA
8/1/2011 11:47:23 AM (5468 views)
Re: Guaranteed Payment System - John Campbell/CA
2/6/2012 8:16:07 PM (4547 views)
Re: Guaranteed Payment System - Scott Perry/PA
2/8/2012 9:25:08 AM (4304 views)
Re: Guaranteed Payment System - Robert Franco/OH
2/8/2012 10:34:24 AM (4294 views)

Update on New Millenium Title - Leigh Attridge/MA
7/27/2011 8:50:37 AM (3687 views)
Re: Update on New Millenium Title - steve-o title/TX
8/2/2011 4:03:20 PM (5274 views)
Re: Update on New Millenium Title - Stephenie Page/RI
9/7/2011 7:48:20 PM (4920 views)

Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
7/26/2011 8:48:33 AM (3941 views)
Re: Day Late & A Dollar Short - New Millenium Title - Stephen Williams/MO
8/1/2011 6:00:54 PM (5186 views)
Re: Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
8/2/2011 7:57:19 AM (5249 views)

Massachusetts single family home sales post worst June in two decades - Leigh Attridge/MA
7/26/2011 8:31:39 AM (3926 views)

Nxt Generation Title Services - Theresa Ritz/WV
7/25/2011 2:51:21 PM (3429 views)
Re: Nxt Generation Title Services - Chris Meier/OH
7/31/2011 12:00:17 PM (5475 views)
Re: Nxt Generation Title Services - Theresa Ritz/WV
8/23/2011 2:15:56 PM (4802 views)


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