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Pro-Search, Inc. - Susan McKee/WV
9/9/2009 10:51:23 AM (4060 views)
Re: Pro-Search, Inc. - Elizabeth Helman/PA
9/12/2009 9:22:14 PM (4649 views)

ALTA Policy Licensing Fees - Cheryl Hartzman/PA
9/4/2009 2:41:01 PM (5076 views)
Re: ALTA Policy Licensing Fees - Robert Franco/OH
9/8/2009 1:45:36 PM (3975 views)
Re: ALTA Policy Licensing Fees - Kevin Ahern/CT
9/8/2009 5:09:20 PM (3878 views)
Re: ALTA Policy Licensing Fees - Robert Franco/OH
9/9/2009 8:06:24 AM (3850 views)
Re: ALTA Policy Licensing Fees - Kevin Ahern/CT
9/9/2009 8:41:47 AM (3862 views)
Re: ALTA Policy Licensing Fees - Robert Franco/OH
9/9/2009 8:58:17 AM (3783 views)

J&L in TX - LAWANDA  MCMILLIAN/AR
9/3/2009 9:34:26 PM (2906 views)

Accepting Credit Cards - Dan Zook/NY
9/3/2009 1:07:29 PM (3444 views)
Re: Accepting Credit Cards - Dan Zook/NY
9/8/2009 11:22:53 AM (3829 views)
Re: Accepting Credit Cards - Michelle White/IL
9/8/2009 12:35:21 PM (3912 views)
Re: Accepting Credit Cards - Robert Franco/OH
9/8/2009 1:52:47 PM (3906 views)
Re: Accepting Credit Cards - Jessica Obitz/MD
9/15/2009 8:32:35 AM (3639 views)
Re: Accepting Credit Cards - Dan Zook/NY
9/15/2009 8:58:54 AM (3635 views)

Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/3/2009 1:03:46 AM (3650 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/10/2009 3:53:48 PM (3976 views)
Re: Experience closing short sales w/transactional funding? - CHARLENE  PERRY/MD
9/15/2009 2:24:40 PM (3923 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/17/2009 1:54:39 PM (5288 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/17/2009 4:24:02 PM (3867 views)
Re: Experience closing short sales w/transactional funding? - CHARLENE  PERRY/MD
9/17/2009 7:58:09 PM (3948 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/18/2009 1:18:49 AM (4018 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/18/2009 9:27:37 AM (3818 views)
Re: Experience closing short sales w/transactional funding? - george Hubka/MI
9/18/2009 4:59:39 PM (3861 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/18/2009 6:51:17 PM (3781 views)
Re: Experience closing short sales w/transactional funding? - george Hubka/MI
9/18/2009 8:57:45 PM (3880 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/19/2009 11:59:07 PM (3817 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/21/2009 12:11:37 PM (3847 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:11:33 PM (3886 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:08:37 PM (3832 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 12:35:50 PM (3804 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/18/2009 1:24:49 AM (3845 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:50:13 PM (3884 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/21/2009 2:08:51 PM (3840 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/22/2009 12:30:13 PM (3883 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/22/2009 1:18:21 PM (3843 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
10/12/2009 12:28:55 PM (3773 views)




selling searches - edward hartung/OH
8/31/2009 11:04:12 PM (3877 views)
Re: selling searches - Robert Franco/OH
9/1/2009 9:46:54 AM (4207 views)
Re: selling searches - edward hartung/OH
9/2/2009 12:33:07 AM (4166 views)
Re: selling searches - Robert Franco/OH
9/2/2009 8:59:13 AM (4066 views)
Re: selling searches - edward hartung/OH
9/2/2009 10:33:31 PM (3957 views)
Re: selling searches - Robert Franco/OH
9/3/2009 8:49:06 AM (4120 views)
Re: selling searches - edward hartung/OH
9/22/2009 11:52:12 PM (3792 views)
Re: selling searches - Robert Franco/OH
9/23/2009 8:46:40 AM (3738 views)

When I sell a search, I have my abstractor's hat on.  I just report what we find and we make notes about any particular title problems we have discovered.  For instance, we will point out missing marital statuses on documents, releases of mortgages from the wrong bank when an assignment is missing, improper acknowledgments, incorrect legal descriptions, etc.  However, we do not tell them how to fix the problem.  Our job is to make sure we accurately report the status of the title and we try to do that in a way that will make it clear to the client.  But, offering advice, in my opinion, is not the abstractor's job.  First, it could be considered the unauthorized practice of law if you give a legal opinion on what it would take to fix a problem.  Second, each agency and each underwriter have their own ways dealing with problems.  Some do a much more thorough job and they will follow up and get quit claim deeds, affidavits, or other recordable documents; some will try to get an indemnity from the last title company that insured the property; and, others will simply decide to insure over the defect. 

In my opinion it is usually best to let them decide for themselves how to correct the problems we discover on a search.  If they call and ask for my opinion, I will talk to them about it and explain why we indicated it as a defect.  But, usually, I will tell them if they aren't sure what needs to be done, they should check with their underwriter and see how they feel about it.  After all, they are the ones on the hook for the potential claim and its best to follow their advice.  Mine doesn't really mean much to them.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: selling searches - shori ferrell/MO
9/28/2009 11:30:22 AM (3787 views)

new client, trust title - WAYNE QUICK/NC
8/31/2009 6:54:42 PM (3426 views)

Cleary Title - Robin Ramberg/MI
8/30/2009 8:32:56 PM (4633 views)
Re: Cleary Title - Edward Huguenin/SC
8/30/2009 10:38:38 PM (5024 views)

Abstractor Fees - Tena Grice/TX
8/28/2009 11:40:47 PM (6820 views)
Re: Abstractor Fees - Wendi See/SC
8/29/2009 8:59:05 AM (5173 views)
Re: Abstractor Fees - STEVE MEINECKE/TN
8/29/2009 10:46:09 AM (4697 views)
Re: Abstractor Fees - Tena Grice/TX
8/29/2009 10:00:25 PM (4618 views)
Re: Abstractor Fees - William Pattison /CA
9/8/2009 11:38:32 AM (4207 views)

SOT maintenance notice - Slade Smith/OH
8/28/2009 1:45:08 PM (3075 views)

Abstractor Watchdog - Nils Nelson/ME
8/27/2009 6:32:24 PM (4089 views)
Re: Abstractor Watchdog - Dan Zook/NY
8/28/2009 10:49:19 AM (4641 views)
Re: Abstractor Watchdog - AbstractorWatchdog com/NY
8/31/2009 9:31:00 PM (4467 views)
Re: Abstractor Watchdog - Nils Nelson/ME
8/31/2009 11:07:15 PM (4347 views)

Service 1st Valuation and Settlement Services - VIVIAN SLYKER/OH
8/25/2009 3:16:23 PM (4254 views)
Re: Service 1st Valuation and Settlement Services - Nils Nelson/ME
8/26/2009 7:46:31 PM (5511 views)

Payment - Jana Urban-Buzek/OH
8/25/2009 12:15:50 PM (3897 views)
Re: Payment - Nils Nelson/ME
8/25/2009 1:46:44 PM (4550 views)

Database Designed for Abstracting Companies - James Baker/AL
8/22/2009 10:18:57 PM (4076 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/23/2009 12:59:51 PM (4777 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/23/2009 5:58:02 PM (4641 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/24/2009 12:06:39 AM (4692 views)
Re: Database Designed for Abstracting Companies - john rutledge/VA
8/24/2009 10:40:25 PM (4511 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/25/2009 4:05:41 AM (4396 views)
Re: Database Designed for Abstracting Companies - Heather Seymour/IN
8/25/2009 12:12:25 PM (4518 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/23/2009 5:50:42 PM (4477 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
8/24/2009 12:30:38 PM (4572 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/24/2009 7:11:09 PM (4384 views)
Re: Database Designed for Abstracting Companies - Jason/WV
8/24/2009 9:45:18 PM (4435 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
9/2/2009 11:40:35 AM (4344 views)
Re: Database Designed for Abstracting Companies - Janet Angi/MI
9/2/2009 6:52:11 PM (4265 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
9/4/2009 4:55:10 PM (4297 views)
Re: Database Designed for Abstracting Companies - James Baker/AL
8/25/2009 8:48:50 AM (4300 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/25/2009 10:56:04 AM (4350 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/25/2009 8:22:06 PM (4401 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/26/2009 7:59:36 AM (4382 views)
Re: Database Designed for Abstracting Companies - Dan Zook/NY
8/26/2009 8:23:46 AM (4352 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:15:04 PM (4524 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:23:44 PM (4510 views)
Re: Database Designed for Abstracting Companies - James Baker/AL
8/26/2009 2:54:11 PM (4476 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:19:33 PM (4356 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/26/2009 8:07:58 PM (4375 views)
Re: Database Designed for Abstracting Companies - Kurt deVries/FL
8/27/2009 12:00:11 PM (4456 views)
Re: Database Designed for Abstracting Companies - Ron McPherson/IA
9/6/2009 10:05:26 PM (4231 views)
Re: Database Designed for Abstracting Companies - Eric Batz/MD
9/9/2009 11:20:40 AM (4207 views)

Fico Scores - Jack Johanson/PA
8/21/2009 3:29:25 PM (3557 views)
Re: Fico Scores - Robert Franco/OH
8/21/2009 3:51:57 PM (4207 views)
Re: Fico Scores - Jack Johanson/PA
8/21/2009 4:28:52 PM (4271 views)


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