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[+] A little frustrated here this a.m. - David Chisolm/MS (22 replies)
9/26/2007 5:57:49 AM (2890 views)

[+] Gallows Humor? - Kevin Ahern/CT (4 replies)
9/25/2007 2:37:07 PM (5982 views)

[+] Do Judgments always attach? - Thomas W/FL (18 replies)
9/25/2007 10:25:15 AM (2877 views)

[+] Datatrace - Barbara Bennett/IN (10 replies)
9/24/2007 1:42:05 PM (2975 views)

[+] So ATM is Now Servicelink? - DS/NC (7 replies)
9/24/2007 1:10:32 PM (3172 views)


Real Title Services


Lost another one, Nationstar - Amy Tatusko/VA
9/24/2007 12:52:13 PM (3336 views)

[+] Equifax fee redux ???? - george Hubka/MI (4 replies)
9/21/2007 11:03:24 PM (2782 views)

[+] TITLE PLANT - LAWANDA  MCMILLIAN/AR (5 replies)
9/21/2007 10:33:43 AM (2902 views)

[+] What would you include? - Amy Tatusko/VA (5 replies)
9/21/2007 8:50:19 AM (2688 views)

[+] Selling company/non-payment/company names - Mike/KS (5 replies)
9/20/2007 5:56:17 PM (2815 views)

[+] Express Finanacial Article - Jay Duncan/MO (9 replies)
9/20/2007 10:47:28 AM (2988 views)

[-] Basically it boils down to this... - Jay Duncan/MO (16 replies)
9/19/2007 5:54:03 PM (2875 views)
Re: Basically it boils down to this... - David Chisolm/MS
9/19/2007 7:47:50 PM (2851 views)
Re: Basically it boils down to this... - Scott Perry/PA
9/19/2007 8:52:14 PM (2823 views)
Re: Basically it boils down to this... - Scott Perry/PA
9/19/2007 8:57:16 PM (2757 views)
Re: Basically it boils down to this... - David Chisolm/MS
9/19/2007 9:03:25 PM (2755 views)
To anger even more - Bobbi Shorthouse, Notary Public/CT
9/20/2007 8:33:09 AM (2725 views)
very good points - Mike/KS
9/20/2007 5:58:22 PM (2694 views)
Re: Basically it boils down to this... - Rob  Robinson/PA
9/25/2007 1:46:05 PM (2826 views)
Re: Basically it boils down to this... - Jay Duncan/MO
9/25/2007 4:02:39 PM (2902 views)
Hey Rob,

  Welcome to the fray.  
  Never said the title companies never did not try to become more efficent, only said the easiest way to cut cost was to have the abstractors cut their fees.  Abstractors have been asked to cut their fees so many times over the years to protect the title company's profit that it has come to the point that abstractors can no longer survive with another fee cut.  Why is it our responsibility to keep the client in business.  If the client can't maintain or manage their business, maybe they should not be in business.
  Another point is that the all the rest of the work in the title industry is based off the abstractor's report, but then the abstractor is the lowest paid link in the chain.  Abstractors should be one of the highest paid since the abstractor assumes most of the risk.
  Another point is that the abstractors are not treated as the professional and profession that they are.  Abstractors, at least most of them like with any profession, are professionals within the title industry.  Not everyone can abstractor OR learn how to do it.  It takes a special mind set, skills and knowledge.  Yes there are on-line courses that can show a very general overview of the profession, but then each state is different, each county is different, each recorder, circuit clerk, collector, assessor's office is different.  Unless you are trained in the both book and in-the-field abstract knowledge and familiar with the state and county you search in, you put yourself at risk of a claim.
  Then we have this "Hurry Up And Got To Have It Now" notion that faster is always better.  Sorry, a quick search does not translate into a good search.  With all the risks involve with searching a property, an abstractor does not need someone constantly breathing now his neck saying "Is it done yet, is it done yet, is it done yet..."  A nice turn time is good, but what would you rather have, a fast search or a correct search?  We would rather tell a client that the search will take a couple of days and do it right then have them come back and question the search.
  So, defensive reaction?  Maybe, but if it is then maybe a few of the points above will help.

Jay

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Re: Basically it boils down to this... - Kevin Ahern/CT
9/25/2007 6:15:31 PM (2924 views)
Re: Basically it boils down to this... - STEVE MEINECKE/VA
9/25/2007 8:14:45 PM (2920 views)
Re: Basically it boils down to this... - Patrick Scott/IL
9/25/2007 11:53:42 PM (2859 views)
Re: Basically it boils down to this... - Jay Duncan/MO
9/26/2007 1:42:16 PM (2924 views)
Re: Basically it boils down to this... - STEVE MEINECKE/VA
9/26/2007 4:17:46 PM (3012 views)
Re: Basically it boils down to this... - Jay Duncan/MO
9/26/2007 4:28:38 PM (2878 views)
Re: Basically it boils down to this... - STEVE MEINECKE/VA
9/26/2007 4:56:38 PM (2845 views)
Re: Basically it boils down to this... - Jay Duncan/MO
9/30/2007 10:31:26 PM (2788 views)

Counselor's Title/Lombard,Il - Barbara Bennett/IN
9/19/2007 5:26:28 PM (3042 views)

[+] Financial Dimension...Reduction of fees - Loretta Reed/MD (5 replies)
9/19/2007 5:07:12 PM (2940 views)

[+] Fidelity National Financial - Irving, TX - Scott Perry/PA (1 reply)
9/19/2007 4:16:56 PM (2847 views)


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