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Accepting Credit Cards - Dan Zook/NY
9/3/2009 1:07:29 PM (3751 views)
Re: Accepting Credit Cards - Dan Zook/NY
9/8/2009 11:22:53 AM (4741 views)
Re: Accepting Credit Cards - Michelle White/IL
9/8/2009 12:35:21 PM (4895 views)
Re: Accepting Credit Cards - Robert Franco/OH
9/8/2009 1:52:47 PM (4810 views)
Re: Accepting Credit Cards - Jessica Obitz/MD
9/15/2009 8:32:35 AM (4383 views)
Re: Accepting Credit Cards - Dan Zook/NY
9/15/2009 8:58:54 AM (4370 views)

Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/3/2009 1:03:46 AM (3937 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/10/2009 3:53:48 PM (4780 views)
Re: Experience closing short sales w/transactional funding? - CHARLENE  PERRY/MD
9/15/2009 2:24:40 PM (4807 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/17/2009 1:54:39 PM (6184 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/17/2009 4:24:02 PM (4709 views)
Re: Experience closing short sales w/transactional funding? - CHARLENE  PERRY/MD
9/17/2009 7:58:09 PM (4787 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/18/2009 1:18:49 AM (4804 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/18/2009 9:27:37 AM (4627 views)
Re: Experience closing short sales w/transactional funding? - george Hubka/MI
9/18/2009 4:59:39 PM (4626 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/18/2009 6:51:17 PM (4608 views)
Re: Experience closing short sales w/transactional funding? - george Hubka/MI
9/18/2009 8:57:45 PM (4653 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/19/2009 11:59:07 PM (4647 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/21/2009 12:11:37 PM (4708 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:11:33 PM (4766 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:08:37 PM (4720 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 12:35:50 PM (4617 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/18/2009 1:24:49 AM (4677 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
9/21/2009 1:50:13 PM (4724 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/21/2009 2:08:51 PM (4916 views)
Re: Experience closing short sales w/transactional funding? - Eric Michaels/IL
9/22/2009 12:30:13 PM (4976 views)
Re: Experience closing short sales w/transactional funding? - Robert Franco/OH
9/22/2009 1:18:21 PM (4751 views)
Re: Experience closing short sales w/transactional funding? - Clanci Nelson/OH
10/12/2009 12:28:55 PM (4812 views)

selling searches - edward hartung/OH
8/31/2009 11:04:12 PM (4184 views)
Re: selling searches - Robert Franco/OH
9/1/2009 9:46:54 AM (5282 views)
Re: selling searches - edward hartung/OH
9/2/2009 12:33:07 AM (5235 views)
Re: selling searches - Robert Franco/OH
9/2/2009 8:59:13 AM (5112 views)
Re: selling searches - edward hartung/OH
9/2/2009 10:33:31 PM (4978 views)
Re: selling searches - Robert Franco/OH
9/3/2009 8:49:06 AM (5122 views)
Re: selling searches - edward hartung/OH
9/22/2009 11:52:12 PM (4626 views)
Re: selling searches - Robert Franco/OH
9/23/2009 8:46:40 AM (4610 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 (4584 views)

new client, trust title - WAYNE QUICK/NC
8/31/2009 6:54:42 PM (3700 views)

Cleary Title - Robin Ramberg/MI
8/30/2009 8:32:56 PM (4957 views)
Re: Cleary Title - Edward Huguenin/SC
8/30/2009 10:38:38 PM (6119 views)


Real Title Services


Abstractor Fees - Tena Grice/TX
8/28/2009 11:40:47 PM (7124 views)
Re: Abstractor Fees - Wendi See/SC
8/29/2009 8:59:05 AM (6326 views)
Re: Abstractor Fees - STEVE MEINECKE/TN
8/29/2009 10:46:09 AM (5760 views)
Re: Abstractor Fees - Tena Grice/TX
8/29/2009 10:00:25 PM (5691 views)
Re: Abstractor Fees - William Pattison /CA
9/8/2009 11:38:32 AM (5257 views)

SOT maintenance notice - Slade Smith/OH
8/28/2009 1:45:08 PM (3287 views)

Abstractor Watchdog - Nils Nelson/ME
8/27/2009 6:32:24 PM (4454 views)
Re: Abstractor Watchdog - Dan Zook/NY
8/28/2009 10:49:19 AM (5751 views)
Re: Abstractor Watchdog - AbstractorWatchdog com/NY
8/31/2009 9:31:00 PM (5566 views)
Re: Abstractor Watchdog - Nils Nelson/ME
8/31/2009 11:07:15 PM (5417 views)

Service 1st Valuation and Settlement Services - VIVIAN SLYKER/OH
8/25/2009 3:16:23 PM (4548 views)
Re: Service 1st Valuation and Settlement Services - Nils Nelson/ME
8/26/2009 7:46:31 PM (6584 views)

Payment - Jana Urban-Buzek/OH
8/25/2009 12:15:50 PM (4211 views)
Re: Payment - Nils Nelson/ME
8/25/2009 1:46:44 PM (5659 views)

Database Designed for Abstracting Companies - James Baker/AL
8/22/2009 10:18:57 PM (4453 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/23/2009 12:59:51 PM (5873 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/23/2009 5:58:02 PM (5807 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/24/2009 12:06:39 AM (5863 views)
Re: Database Designed for Abstracting Companies - john rutledge/VA
8/24/2009 10:40:25 PM (5637 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/25/2009 4:05:41 AM (5548 views)
Re: Database Designed for Abstracting Companies - Heather Seymour/IN
8/25/2009 12:12:25 PM (5614 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/23/2009 5:50:42 PM (5614 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
8/24/2009 12:30:38 PM (5733 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/24/2009 7:11:09 PM (5523 views)
Re: Database Designed for Abstracting Companies - Jason/WV
8/24/2009 9:45:18 PM (5557 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
9/2/2009 11:40:35 AM (5446 views)
Re: Database Designed for Abstracting Companies - Janet Angi/MI
9/2/2009 6:52:11 PM (5331 views)
Re: Database Designed for Abstracting Companies - Ray Young/GA
9/4/2009 4:55:10 PM (5367 views)
Re: Database Designed for Abstracting Companies - James Baker/AL
8/25/2009 8:48:50 AM (5452 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/25/2009 10:56:04 AM (5519 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/25/2009 8:22:06 PM (5495 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/26/2009 7:59:36 AM (5502 views)
Re: Database Designed for Abstracting Companies - Dan Zook/NY
8/26/2009 8:23:46 AM (5457 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:15:04 PM (5634 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:23:44 PM (5588 views)
Re: Database Designed for Abstracting Companies - James Baker/AL
8/26/2009 2:54:11 PM (5605 views)
Re: Database Designed for Abstracting Companies - Wendi See/SC
8/26/2009 4:19:33 PM (5464 views)
Re: Database Designed for Abstracting Companies - STEVE MEINECKE/TN
8/26/2009 8:07:58 PM (5480 views)
Re: Database Designed for Abstracting Companies - Kurt deVries/FL
8/27/2009 12:00:11 PM (5552 views)
Re: Database Designed for Abstracting Companies - Ron McPherson/IA
9/6/2009 10:05:26 PM (5287 views)
Re: Database Designed for Abstracting Companies - Eric Batz/MD
9/9/2009 11:20:40 AM (5296 views)

Fico Scores - Jack Johanson/PA
8/21/2009 3:29:25 PM (3891 views)
Re: Fico Scores - Robert Franco/OH
8/21/2009 3:51:57 PM (5354 views)
Re: Fico Scores - Jack Johanson/PA
8/21/2009 4:28:52 PM (5408 views)

Mortgage Fraud the new target! - David Chisolm/MS
8/20/2009 2:51:56 PM (5050 views)
Re: Mortgage Fraud the new target! - Patrick Scott/IL
8/22/2009 1:04:53 AM (5536 views)
Re: Mortgage Fraud the new target! - george Hubka/MI
8/22/2009 3:33:49 PM (5599 views)
Re: Mortgage Fraud the new target! - David Chisolm/MS
8/22/2009 3:48:17 PM (5463 views)
Re: Mortgage Fraud the new target! - Patrick Scott/IL
8/23/2009 2:13:55 AM (5349 views)

A big 'thank you' to the OAITA! - Robert Franco/OH
8/20/2009 9:58:47 AM (5302 views)
Re: A big 'thank you' to the OAITA! - Michaela Urban/OH
8/20/2009 11:27:53 AM (5328 views)
Re: A big 'thank you' to the OAITA! - Joyce Harper/OH
8/20/2009 3:55:10 PM (5389 views)
Re: A big 'thank you' to the OAITA! - OAITA/OH
8/24/2009 10:30:39 AM (7647 views)

A.I.T.F. Retrieval Services - Ray Glowniak/CA
8/19/2009 2:10:55 PM (5473 views)
Re: A.I.T.F. Retrieval Services - Ken Ungarsohn/NJ
8/20/2009 3:05:55 PM (5859 views)
Re: A.I.T.F. Retrieval Services - Ray Glowniak/CA
8/26/2009 12:06:01 PM (5484 views)
Re: A.I.T.F. Retrieval Services - Jamie Stallings/TN
12/14/2009 11:47:13 PM (5087 views)
Re: A.I.T.F. Retrieval Services - na siglio/NY
8/20/2009 4:19:29 PM (5809 views)
Re: A.I.T.F. Retrieval Services - george Hubka/MI
8/21/2009 12:53:46 PM (5979 views)
Re: A.I.T.F. Retrieval Services - Jamie Stallings/TN
1/4/2010 7:56:13 PM (4937 views)
Re: A.I.T.F. Retrieval Services - Valerie Symons/IL
9/7/2010 3:54:55 PM (5323 views)
Re: A.I.T.F. Retrieval Services - Valerie Symons/IL
9/8/2010 10:35:23 AM (4898 views)


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