Then its their 100% RISK if they are willing to accept it.
I will probably be long retired before we see any of this happening. I have one of the top PDF converters. It still makes mistakes on character recognition on a PERFECT, CLEAR document.
But something pulled from the county records? Especially HAND-WRITTEN in CURSIVE? Forget about it.
And as good as voice recognition is, it isn't perfect either. And not all counties/parishes across the USA are the same. And not all court houses have online access. The list goes on and on and on.
But, you have to ask, if an Underwriter is NOT willing to indemnify a policy issued from one of their own agents, to another agent under the same underwriter, now doing title on the same property and we find "issues" then they are not REALLY ready to 100% insure, are they?
I have been hearing about auto-searches, auto-commitments, etc.for the last 10+ years. Don't hold your breath, I don't think its going to happen in the immediate future.
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