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to post a message: login - or - register | search messages | show all replies



[+] Whine, whine, whine... - Jay Duncan/MO (6 replies)
10/23/2005 10:43:57 PM (4634 views)

[+] Here we go again!! - Kurt deVries/FL (4 replies)
10/21/2005 3:38:08 PM (3578 views)

[+] Code of Ethics - Jay Duncan/MO (8 replies)
10/21/2005 10:35:01 AM (4791 views)

[-] research time? - GORDON TINSLEY/CA (9 replies)
10/20/2005 4:54:52 AM (3818 views)
Re: research time? - Scott Perry/PA
10/20/2005 8:07:53 AM (7575 views)
Re: research time? - GORDON TINSLEY/CA
10/20/2005 12:44:12 PM (7606 views)
Re: research time? - Robert Franco/OH
10/20/2005 11:38:23 AM (9036 views)

Wow... 50 orders in one day?... one person?  We have 4 full time examiners and they cover 6 counties - they can't do 50 orders in one day combined.  If they ever did, I would be very worried about the quality.  I can only assume that you have REALLY easy orders in very well organized and indexed counties.  Or maybe your courthouses are open longer? Wow...

But to answer your question... it takes us an average of 45 minutes per current owner to thoroughly research the title.  I have seen others take short-cuts, so I'm sure they are getting more done, but we don't operate that way; too much liability.  My best examiner in our easiest county spent the whole day there and did 16 current owners.  That only happened once that I can remember and that is about 30 minutes per search.

Our full 42-year searches take an average of 2 hours, but sometimes we end up spending a lot more time on particularly difficult searches. 

Another thing to consider, no matter how long a search takes, is the liability you incur.  Even if a search is easy and takes only 15 minutes (which I still can't imagine) the liability is still the same and you need to be compensated for that eventual claim, or at least the E&O coverage.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: research time? - GORDON TINSLEY/CA
10/20/2005 1:04:37 PM (7596 views)
Re: research time? - Phyllis Agan/GA
10/28/2005 8:30:14 AM (7253 views)
Re: research time? - David Jenkins/PA
10/20/2005 12:13:25 PM (7371 views)
Re: research time? - Robert Franco/OH
10/20/2005 12:24:57 PM (7510 views)
Re: research time? - David Jenkins/PA
10/20/2005 1:08:11 PM (7456 views)
Re: research time? - Lisa Scherer/NJ
10/24/2005 11:04:35 PM (7224 views)

[+] QUICK POLL - Scott Perry/PA (35 replies)
10/19/2005 9:55:01 PM (3885 views)




[+] This has been bugging me . . . - Michaela Urban/OH (21 replies)
10/18/2005 9:57:44 AM (3862 views)

[+] New member of Phoenix Document Service! - Kurt deVries/FL (10 replies)
10/17/2005 4:50:18 PM (3787 views)

[+] LENDERS SERVICES DIRECT TULSA, OK - Becky Kale/IL (4 replies)
10/17/2005 2:22:31 PM (3785 views)

[+] Okay, another question. - Tammy Knight/MO (4 replies)
10/16/2005 10:18:06 PM (3564 views)

[+] Fed up! - Spencer Kinsey/AR (5 replies)
10/15/2005 12:36:11 PM (3659 views)

[+] indexing - Douglas Gallant/OH (6 replies)
10/15/2005 12:31:46 PM (3414 views)

Questions about VMC's - Donna Grady/NC
10/14/2005 10:32:19 PM (2827 views)

[+] Anyone heard of this company.... - Loretta Reed/MD (1 reply)
10/14/2005 1:16:42 PM (3591 views)

[+] A word about prices... - Robert Franco/OH (5 replies)
10/13/2005 5:40:44 PM (4036 views)

[+] Here's my rant - Loretta Reed/MD (7 replies)
10/13/2005 11:05:00 AM (3346 views)


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