Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[-] American Abstract - Robin Ramberg/MI (9 replies)
9/16/2008 2:02:08 AM (3876 views)
Re: American Abstract - Patrick/NY
9/16/2008 11:48:56 AM (4963 views)
Re: American Abstract - Robert Franco/OH
9/16/2008 11:57:46 AM (4938 views)
Re: American Abstract - Patrick/NY
9/16/2008 12:11:09 PM (4701 views)
Re: American Abstract - Robert Franco/OH
9/16/2008 12:46:39 PM (4730 views)

Yes... we all have different customs.  I don't look at it as searching an extra "name."  We don't search "names," really.  We search the "title."  It is our responsibility to show the status of title and if a potential buyer is subject to lien that attaches to after-acquired property - it definitely impacts the status of title. 

When we do searches, we focus on what the client needs to insure title.  That is why I think it is so important for abstractors to understand title insurance and the coverage extended by a title insurance policy.  Unfortunately, too many abstractors don't have a clue!  Although that doesn't prohibit an abstractor from charging extra for some things, I think a basic search fee should cover "all matters" that affect title - perhaps limited by the clients chosen duration of the search.  For example, if the client only requests a current owner, encumbrances from prior owners wouldn't be shown (they accept that risk when the decide to insure on a current owner).  But, after-acquired liens definitely affect all searches of any duration. 

Basically, think about your liability.  If you are provided with a buyer's name and don't run it because your client doesn't "pay extra," you could be in for an E&O claim.  If you return a report that fails to include a lien that you should have found, you are probably going to be liable for the claim. 

Anyway, that is my take on it.  I'm sure there are a lot of other opinions out there.

Best,
Robert A. Franco
SOURCE OF TITLE

to post a reply: login - or - register


Re: American Abstract - Robert Franco/OH
9/16/2008 2:21:11 PM (4681 views)
Re: American Abstract - elizabeth reddy/FL
9/22/2008 12:12:26 PM (4557 views)
Re: American Abstract - Robert Franco/OH
9/22/2008 1:41:18 PM (4627 views)
Re: American Abstract - Chris Mabie/VA
9/16/2008 8:16:21 PM (4714 views)
Re: American Abstract - Patrick Tarr/NE
9/17/2008 8:37:09 PM (4612 views)

[+] E &O Insurance - Matthew DeLand/NY (3 replies)
9/15/2008 8:36:00 PM (3687 views)

[+] What are some of your thoughts on the Lehman's situation? - Vikki Moffitt/GA (3 replies)
9/15/2008 2:08:01 PM (3523 views)

Advanced Title - Karen Neal/CT
9/15/2008 8:08:52 AM (3006 views)

[+] LATE SEARCH PENALTY - ARE YOU KIDDING ME? - Jill Kissell/IA (19 replies)
9/12/2008 10:18:53 PM (4592 views)




[+] Let the takeover of the market begin - Jackie/OH (4 replies)
9/12/2008 6:35:55 PM (5771 views)

RE: MARK WALKER TEXAS PIONEER - George Booth/OH
9/12/2008 3:06:15 PM (3375 views)

[+] Texas Pioneer Title Agency - Mark Walker - Kurt deVries/FL (4 replies)
9/12/2008 10:13:15 AM (7328 views)

[+] ABSOLUTE PROPERTY SERVICES - Robin Ramberg/MI (8 replies)
9/11/2008 10:09:37 PM (3936 views)

[+] American Freedom Assurance - Jennifer Knott/PA (1 reply)
9/11/2008 4:51:20 PM (3637 views)

Just due coming soon - the G is here - dale/LA
9/10/2008 10:25:53 PM (3144 views)

[+] No Pay Companies - Scott Aduddell/MO (19 replies)
9/10/2008 8:45:22 PM (4655 views)

[+] Workmans Comp - . APS/NY (3 replies)
9/10/2008 1:46:52 PM (3293 views)

The Closing Company of PA - PATRICIA PALMER-ILKO/PA
9/10/2008 12:42:42 PM (3499 views)

[+] FM and FM under the G-Man - Jay Duncan/MO (5 replies)
9/10/2008 10:55:38 AM (3467 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8973 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

ATTENTION CIOs, CTOs, VENDOR MANAGERS, AND SUPPLIER MANAGERS
Will Duncan 's Blog
2026/06/15
0 comments

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

CertifID Acquires CloseSimple to Transform the Real Estate Closing
With CloseSimple now part of CertifID, the combined platform will deepen integrations with title production systems, acc...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Last week’s CPI data showed that inflation continued to move higher, putting upward pressure on rates early...
NAR Pending Home Sales Report Shows 3.8% Increase in May
“A late spring buyer rush—even with mortgage rates not budging—is an indication of pent-up housing dem...
NAR Chief Economist Lawrence Yun Says Home Sales Expected to Improve in Second Half of 2026
NAR’s current forecast calls for existing-home sales to rise 4% this year, with the median home price also climbin...
May Housing Starts Fall as Multifamily Construction Slows Sharply
“The decline in housing starts aligns with NAHB’s latest builder survey, which showed builder sentiment weak...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.