My question still stands......why are people in this business accepting these fees? They are willing to accept $35-$50 and sometimes less to guarantee a title that they could be sued for if they miss a mortgage and THEN have a $2,500 deductible on their e&o insurance. All this for the low price of $35.
Come on people, we, as the abstractor, have more to lose than anyone else in the mortgage process. It's our stamp of approval on the title, our e&o on the line and title companies act like this is what a title is worth and they are doing us a favor by giving us the work. You are better off getting a full time job in another business. I am not picking on Diane because I believe she is brutally honest but she is one of the few people that will at least get on this site and tell us.
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