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reporting non-paying title companies to the underwriters - Michael Lanin/KY
2/3/2009 1:20:18 PM (2957 views)
Re: reporting non-paying title companies to the underwriters - Robert Franco/OH
2/3/2009 2:25:20 PM (3065 views)
Re: reporting non-paying title companies to the underwriters - Michelle/IL
2/4/2009 1:18:59 PM (2711 views)
Re: reporting non-paying title companies to the underwriters - J Nisonger/CA
2/5/2009 10:00:22 PM (2808 views)
Re: reporting non-paying title companies to the underwriters - Michael Lanin/KY
2/6/2009 12:52:40 PM (2712 views)
Re: reporting non-paying title companies to the underwriters - J Nisonger/CA
2/7/2009 3:56:45 PM (2660 views)
Re: reporting non-paying title companies to the underwriters - Clanci Nelson/OH
2/12/2009 2:18:17 PM (2471 views)
Re: reporting non-paying title companies to the underwriters - STEVE MEINECKE/TN
2/17/2009 9:17:45 AM (2608 views)

Title Assurance & Indemnity Corp. of NA Cleveland, OH - MIchael Lanin/KY
2/3/2009 1:01:36 PM (2266 views)

The Law Firm of Crystal Lowery - Edward Huguenin/SC
2/1/2009 8:20:52 AM (3387 views)
Re: The Law Firm of Crystal Lowery - Wendi See/SC
2/1/2009 6:37:04 PM (2884 views)
Re: The Law Firm of Crystal Lowery - Janis Talbot/SC
2/2/2009 9:11:46 AM (3133 views)
Re: The Law Firm of Crystal Lowery - Wendi See/SC
2/2/2009 8:34:15 PM (2956 views)
Re: The Law Firm of Crystal Lowery - Edward Huguenin/SC
2/3/2009 7:10:57 AM (2803 views)

What is considered slow pay? - no name/MI
1/30/2009 12:50:38 PM (2984 views)
Re: What is considered slow pay? - Jessica Talley/NJ
1/30/2009 12:59:33 PM (2912 views)
Re: What is considered slow pay? - Kevin Ahern/CT
1/30/2009 1:33:34 PM (3057 views)

The norm is what works best for you not necessarily your client. In this economy it is best to keep new clients on a short leash  and a limited line of credit until they prove themselves. You might want to consider an accommodation to your good clients with a demonstrated track record of timely payment. However, do it sparingly. If you check the older posts on SOT you will read of cases where even once good clients became problem clients. Remember, there is no loyalty in this business. You are only as good as your last title search, and a client will turn on you as soon as he finds an abstractor that will do the same work for $5.00 less.

I have seen several VM's or Title Companies advertising who made it seem that they are offering a good deal. Promises of high volume in return for discounts which either never materialize or decline a short time thereafter. It turns out that they are offering to pay less for a title search than the market value two years earlier. ...most of it would go into your gas tank. So in addition to timely payment...there has to be a reasonable profit.

In Connecticut the slow pay/no pay/volume discounts don't work because of our political organization. We do not have any county government. In most states the land records are kept in a county court house. In these states an abstractor can spend the entire day at a single court house, and perform 3 or 4 searches. In Connecticut we more than  100 cities and towns each of which maintains its own land records. Connecticut abstractors spend a lot of time on the road traveling between town halls each day. To do the same 3 or 4 title searches the Connecticut  abstractor may lose 2 hours of search time simply traveling from one town hall to the next. Someone called me a few weeks ago , and asked if I would do a current owner search for $45.00. It was laughable.  Four years earlier that same search would have cost them $75.00.

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Probate Question - Helene /GA
1/29/2009 11:50:27 PM (2873 views)
Re: Probate Question - Kevin Ahern/CT
1/30/2009 6:52:39 AM (2988 views)
Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 9:28:41 AM (3086 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:01:35 AM (2819 views)
Re: Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 10:25:15 AM (2725 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:49:36 AM (2769 views)
Re: Maybe a shifting executory interest... - Helene /GA
1/30/2009 10:38:14 PM (2851 views)
Re: Maybe a shifting executory interest... - Douglas Gallant/OH
1/31/2009 8:27:20 AM (2832 views)




Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 10:53:59 PM (4547 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/29/2009 11:22:02 PM (3123 views)
Re: Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 11:58:37 PM (2951 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 8:07:42 AM (3086 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:15:04 AM (3095 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:16:02 AM (2995 views)
Re: Preview of Coming Attractions? - Alix Ott/MI
2/2/2009 2:10:27 PM (2795 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
1/30/2009 8:46:02 AM (2941 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 12:55:40 PM (2839 views)
Re: Preview of Coming Attractions? - michael quinn/NY
2/1/2009 1:09:50 AM (2787 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
2/1/2009 6:01:27 AM (2885 views)
Re: Preview of Coming Attractions? - WAYNE QUICK/NC
2/2/2009 6:16:26 PM (2783 views)

The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 2:56:14 PM (3160 views)
Re: The Bankruptcy Club - Kim Cowles/WI
1/29/2009 2:59:08 PM (3037 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 3:48:35 PM (2909 views)
Re: The Bankruptcy Club - Jessica Talley/NJ
1/29/2009 6:58:44 PM (2861 views)
Re: The Bankruptcy Club - Barbara Kelley/PA
2/2/2009 8:50:30 AM (2807 views)
Re: The Bankruptcy Club - Robert Franco/OH
2/2/2009 9:33:45 AM (2975 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
2/3/2009 10:43:16 PM (2902 views)
Re: The Bankruptcy Club - Anthony Joseph/TX
2/4/2009 8:22:07 AM (3035 views)
Re: The Bankruptcy Club - george Hubka/MI
2/25/2009 6:04:15 AM (2586 views)

MONEY OWED - quinn cioffi/PA
1/28/2009 2:38:15 PM (3207 views)
Re: MONEY OWED - Laurie E/MD
1/28/2009 6:04:33 PM (2906 views)
Re: MONEY OWED - george Hubka/MI
2/24/2009 6:51:47 PM (2633 views)

New Real Estate Numbers Are Out - AbstractorWatchdog com/NY
1/28/2009 2:25:36 PM (3947 views)

Snow Day! - Robert Franco/OH
1/28/2009 12:39:37 PM (2857 views)
Re: Snow Day! - STEVE MEINECKE/TN
1/28/2009 12:45:16 PM (2959 views)
Re: Snow Day! - Nils Nelson/ME
1/28/2009 4:37:10 PM (3028 views)
Re: Snow Day! - Joanie Hahr/VT
1/28/2009 5:05:58 PM (2752 views)
Re: Snow Day! - Glenda Hodge/TN
1/28/2009 11:14:51 PM (2816 views)
Re: Snow Day! - Sheila Sten/PA
1/29/2009 2:39:41 PM (2730 views)
Re: Snow Day! - Clanci Nelson/OH
1/29/2009 3:36:29 PM (2779 views)
Re: Snow Day! - Scott Perry/PA
1/29/2009 10:41:24 PM (2879 views)
Re: Snow Day! - Clanci Nelson/OH
1/30/2009 3:55:14 PM (3093 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:31:02 AM (2891 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:30:35 AM (2895 views)
Re: Snow Day! - Kevin Ahern/CT
1/31/2009 12:36:02 PM (2787 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:42:38 PM (2839 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:44:38 PM (2793 views)

NALTEA - AbstractorWatchdog com/NY
1/28/2009 12:13:09 PM (2684 views)
Re: NALTEA - Dave Pelligrinelli/GA
1/28/2009 1:05:51 PM (2954 views)
Re: NALTEA - AbstractorWatchdog com/NY
1/28/2009 9:54:56 PM (2836 views)

Buckeye Land Abstract - Sybil East/GA
1/27/2009 12:54:18 PM (3042 views)

Another NON-Payer - Kurt deVries/FL
1/27/2009 12:19:30 PM (2704 views)

Title Insurance - AbstractorWatchdog com/NY
1/27/2009 10:54:55 AM (2944 views)
Re: Title Insurance - Robert Franco/OH
1/27/2009 11:37:48 AM (3054 views)
Re: Title Insurance - AbstractorWatchdog com/NY
1/27/2009 11:49:53 AM (2865 views)
Re: Title Insurance - Pete Kisan/OH
2/4/2009 8:45:38 AM (3039 views)

Infotrack Information Services - Edward Huguenin/SC
1/27/2009 7:12:47 AM (3145 views)
Re: Infotrack Information Services - Sandra Harold/KS
2/11/2009 11:30:35 AM (3023 views)
Re: Infotrack Information Services - Greg Paszkiewicz/NJ
2/23/2009 12:49:29 PM (3092 views)
Re: Infotrack Information Services - Frank NAVARRO/IL
4/8/2009 12:46:12 PM (2945 views)


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