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[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (3030 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (4036 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3994 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3946 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (4044 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3921 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3889 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3834 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3887 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 3:29:24 PM (3989 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3903 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3972 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3941 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3904 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3950 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3967 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3895 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3963 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3882 views)

Unfortunately this seems to be the direction in which this occupation is headed. Accuracy no longer appears to be part of the equation.With the current emphasis on speed, low ball price and disregard for accuracy it is going to become very difficult to compete with the on line searches offered by data miners, and many of the abstractors from the old school will fall by the wayside. It is indeed difficult to watch people who have been in this business for years struggle to compete against an inferior product.

When the dollar amount of claims outweighs the cost savings and alleged "technological advance" of the outsourced e- search I think sanity will eventually be restored. However, this could take years and numerous title insurance claims. Then again maybe this is the method to the madness. Perhaps the expense of the anticipated claims is figured into the underwriting risk. Seems similar to the auto industry with respect to the issue of whether it is cheaper to recall a defective make of auto or settle the potential claims as they present themselves.

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[+] Venting about no finds - Deborah Manion/VA (20 replies)
4/13/2006 9:08:47 AM (3088 views)

Fantastic Article from Computer World - David Bloys/TX
4/12/2006 10:08:27 PM (3494 views)

[+] NALTEA Membership Drive - Patrick Scott/IL (2 replies)
4/12/2006 8:03:04 PM (2622 views)

Caldwell Banker / One Thousand Abstracts Express - Danielle Nelson/WI
4/12/2006 2:50:58 PM (2657 views)




[+] Education - J Nisonger/CA (10 replies)
4/12/2006 2:29:17 AM (2718 views)

[+] Congratulations Kelly J Pinion! - David Bloys/TX (1 reply)
4/11/2006 11:10:09 PM (2720 views)

[+] Immigration Protests - Kevin Horan/PA (14 replies)
4/11/2006 12:36:57 PM (2672 views)

[+] Foreclosure notices - Dave Pell/GA (1 reply)
4/11/2006 8:37:31 AM (2597 views)

[+] ATLA Tech Forum April 30 - George Booth/OH (2 replies)
4/11/2006 8:30:21 AM (2618 views)

[+] Online records report named Investigative Report of the Year - David Bloys/TX (14 replies)
4/11/2006 2:28:45 AM (3787 views)

[+] Anyone heard of "Exclusive Settlement Services"? - Jim Riggs/IN (6 replies)
4/10/2006 6:51:32 PM (2693 views)

Michigan Land Title agency - Ellen Maher/MI
4/10/2006 3:28:33 PM (2168 views)

SPOTLIGHT: Bill Garrett - Robert Franco/OH
4/10/2006 3:19:32 PM (2064 views)

Ex-employee steals from Real Property Resources-Part 2 - JOSEPH MARTINEZ/NM
4/10/2006 12:02:18 PM (2082 views)


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