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[+] prices - PAM DESMARAIS/NC (8 replies)
4/28/2006 8:31:08 PM (2888 views)

[+] Outsource to India??????? - Kevin Ahern/CT (8 replies)
4/26/2006 3:58:35 PM (3054 views)

[+] How do I setup in NJ - Mike/PA (1 reply)
4/24/2006 2:11:35 PM (2785 views)

[+] Our illustrious leaders at work..... - George Booth/OH (5 replies)
4/24/2006 9:40:34 AM (3877 views)

[+] Grantor/Grantee Indexes and mortgage releases - terry sutton/CT (4 replies)
4/22/2006 1:44:05 PM (3351 views)




[+] Education - J Nisonger/CA (2 replies)
4/19/2006 11:22:16 AM (3884 views)

[+] Renwal of SOT dues - STEVE MEINECKE/VA (1 reply)
4/17/2006 11:06:43 PM (2811 views)

[+] Title Problems up 11% from 2000 - Robert Franco/OH (8 replies)
4/17/2006 3:19:13 PM (2735 views)

[+] In Memory of Tom Kurzenberger - Pete Kisan/OH (3 replies)
4/17/2006 8:51:45 AM (4209 views)

[-] Abstracting Fees in 1973 - Robert Franco/OH (18 replies)
4/14/2006 12:12:20 PM (2921 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 3:37:46 PM (3655 views)
Re: Abstracting Fees in 1973 - Douglas Gallant/OH
4/14/2006 5:49:09 PM (3602 views)
Re: Abstracting Fees in 1973 - STEVE MEINECKE/VA
4/14/2006 6:37:37 PM (3560 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/14/2006 8:30:42 PM (3618 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/15/2006 12:39:55 PM (3555 views)
Re: Abstracting Fees in 1973 - Lisa Ramsey/TX
4/15/2006 3:30:14 PM (3508 views)
Re: Abstracting Fees in 1973 - Sanford Bleich/NY
4/17/2006 12:28:50 PM (3477 views)
Re: Abstracting Fees in 1973 - john franz/NJ
4/17/2006 3:07:53 PM (3492 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 3:29:24 PM (3573 views)
Re: Abstracting Fees in 1973 - Shannon Finnessy/WI
4/17/2006 12:50:36 PM (3532 views)
Hardly a rant, Robert - Michael/KS
4/17/2006 2:39:29 PM (3602 views)
Re: Hardly a rant, Robert - Robert Franco/OH
4/17/2006 2:57:09 PM (3553 views)
Re: Abstracting Fees in 1973 - charles jetter/OH
4/17/2006 4:01:16 PM (3555 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/17/2006 4:04:00 PM (3581 views)
Re: Abstracting Fees in 1973 - Robert Franco/OH
4/17/2006 6:52:02 PM (3565 views)
Re: Abstracting Fees in 1973 - Matthew Sharpe/OH
4/17/2006 5:11:55 PM (3482 views)
Re: Abstracting Fees in 1973 - Danielle Nelson/WI
4/18/2006 3:01:39 PM (3570 views)
Re: Abstracting Fees in 1973 - Kevin Ahern/CT
4/19/2006 8:41:38 AM (3511 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 (2942 views)

Fantastic Article from Computer World - David Bloys/TX
4/12/2006 10:08:27 PM (3346 views)

[+] NALTEA Membership Drive - Patrick Scott/IL (2 replies)
4/12/2006 8:03:04 PM (2458 views)

Caldwell Banker / One Thousand Abstracts Express - Danielle Nelson/WI
4/12/2006 2:50:58 PM (2352 views)

[+] Education - J Nisonger/CA (10 replies)
4/12/2006 2:29:17 AM (2583 views)


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