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



[+] e-mail solicitation - christine/MA (3 replies)
10/28/2005 2:40:31 PM (3093 views)

[+] QUESTION FOR F. LEE... - Scott Perry/PA (4 replies)
10/27/2005 5:28:13 PM (3107 views)

[+] C2C - Smitty Strickland/SC (6 replies)
10/27/2005 5:02:32 PM (3157 views)

[+] The Future of the Industry - Robert Franco/OH (30 replies)
10/27/2005 3:04:25 PM (3716 views)

[+] Electronic storage - Deborah Manion/VA (7 replies)
10/27/2005 9:58:43 AM (3088 views)


Real Title Services


[+] Starting your own business - Angela Glass/MD (7 replies)
10/25/2005 8:49:48 PM (3249 views)

[+] Passing... - Jay Duncan/MO (2 replies)
10/24/2005 3:24:08 PM (3240 views)

[+] Abstractors Aid In New Orleans' Recovery - Jarrod Clabaugh/OH (2 replies)
10/24/2005 10:19:12 AM (4254 views)

[+] Hey Kurt! - J Nisonger/CA (3 replies)
10/24/2005 12:06:20 AM (3200 views)

[+] Whine, whine, whine... - Jay Duncan/MO (6 replies)
10/23/2005 10:43:57 PM (4382 views)

[+] Here we go again!! - Kurt deVries/FL (4 replies)
10/21/2005 3:38:08 PM (3340 views)

[+] Code of Ethics - Jay Duncan/MO (8 replies)
10/21/2005 10:35:01 AM (4492 views)

[-] research time? - GORDON TINSLEY/CA (9 replies)
10/20/2005 4:54:52 AM (3544 views)
Re: research time? - Scott Perry/PA
10/20/2005 8:07:53 AM (6818 views)
Re: research time? - GORDON TINSLEY/CA
10/20/2005 12:44:12 PM (6770 views)
Re: research time? - Robert Franco/OH
10/20/2005 11:38:23 AM (8190 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 (6804 views)
Re: research time? - Phyllis Agan/GA
10/28/2005 8:30:14 AM (6444 views)
Re: research time? - David Jenkins/PA
10/20/2005 12:13:25 PM (6630 views)
Re: research time? - Robert Franco/OH
10/20/2005 12:24:57 PM (6700 views)
Re: research time? - David Jenkins/PA
10/20/2005 1:08:11 PM (6687 views)
Re: research time? - Lisa Scherer/NJ
10/24/2005 11:04:35 PM (6423 views)

[+] QUICK POLL - Scott Perry/PA (35 replies)
10/19/2005 9:55:01 PM (3610 views)

[+] This has been bugging me . . . - Michaela Urban/OH (21 replies)
10/18/2005 9:57:44 AM (3618 views)


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