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[+] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3042 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2780 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (3870 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3341 views)

[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (3880 views)


Real Title Services


[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2807 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2732 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4201 views)

[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (2915 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (3642 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3590 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3550 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (3608 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3549 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3503 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3469 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3487 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 3:29:24 PM (3565 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3523 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3595 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3544 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3546 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3573 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3556 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3475 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3558 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3498 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 (2939 views)

Fantastic Article from Computer World - David Bloys/TX
4/12/2006 10:08:27 PM (3342 views)

[+] NALTEA Membership Drive - Patrick Scott/IL (2 replies)
4/12/2006 8:03:04 PM (2451 views)

Caldwell Banker / One Thousand Abstracts Express - Danielle Nelson/WI
4/12/2006 2:50:58 PM (2338 views)

[+] Education - J Nisonger/CA (10 replies)
4/12/2006 2:29:17 AM (2575 views)

[+] Congratulations Kelly J Pinion! - David Bloys/TX (1 reply)
4/11/2006 11:10:09 PM (2565 views)


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