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[+] prices - PAM DESMARAIS/NC (8 replies)
4/28/2006 8:31:08 PM (2989 views)

[+] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3167 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2863 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (3978 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3442 views)




[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (3983 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2889 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2810 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4296 views)

[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (2992 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (3882 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3838 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3791 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (3886 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3780 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3727 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3679 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3716 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 3:29:24 PM (3839 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3749 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3813 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3777 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3754 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3801 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3824 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3734 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3813 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3732 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 (3034 views)

Fantastic Article from Computer World - David Bloys/TX
4/12/2006 10:08:27 PM (3430 views)

[+] NALTEA Membership Drive - Patrick Scott/IL (2 replies)
4/12/2006 8:03:04 PM (2570 views)

Caldwell Banker / One Thousand Abstracts Express - Danielle Nelson/WI
4/12/2006 2:50:58 PM (2569 views)

[+] Education - J Nisonger/CA (10 replies)
4/12/2006 2:29:17 AM (2668 views)


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