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Discussion
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[+] The Future of the Industry - Robert Franco/OH (30 replies)
10/27/2005 3:04:25 PM (3677 views)

[+] Electronic storage - Deborah Manion/VA (7 replies)
10/27/2005 9:58:43 AM (3068 views)

[+] Starting your own business - Angela Glass/MD (7 replies)
10/25/2005 8:49:48 PM (3225 views)

[+] Passing... - Jay Duncan/MO (2 replies)
10/24/2005 3:24:08 PM (3218 views)

[+] Abstractors Aid In New Orleans' Recovery - Jarrod Clabaugh/OH (2 replies)
10/24/2005 10:19:12 AM (4226 views)


Real Title Services


[+] Hey Kurt! - J Nisonger/CA (3 replies)
10/24/2005 12:06:20 AM (3174 views)

[+] Whine, whine, whine... - Jay Duncan/MO (6 replies)
10/23/2005 10:43:57 PM (4357 views)

[+] Here we go again!! - Kurt deVries/FL (4 replies)
10/21/2005 3:38:08 PM (3323 views)

[+] Code of Ethics - Jay Duncan/MO (8 replies)
10/21/2005 10:35:01 AM (4459 views)

[-] research time? - GORDON TINSLEY/CA (9 replies)
10/20/2005 4:54:52 AM (3510 views)
Re: research time? - Scott Perry/PA
10/20/2005 8:07:53 AM (6743 views)
Re: research time? - GORDON TINSLEY/CA
10/20/2005 12:44:12 PM (6709 views)
Re: research time? - Robert Franco/OH
10/20/2005 11:38:23 AM (8110 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 (6732 views)
Re: research time? - Phyllis Agan/GA
10/28/2005 8:30:14 AM (6375 views)
Re: research time? - David Jenkins/PA
10/20/2005 12:13:25 PM (6556 views)
Re: research time? - Robert Franco/OH
10/20/2005 12:24:57 PM (6624 views)
Re: research time? - David Jenkins/PA
10/20/2005 1:08:11 PM (6609 views)
Re: research time? - Lisa Scherer/NJ
10/24/2005 11:04:35 PM (6354 views)

[+] QUICK POLL - Scott Perry/PA (35 replies)
10/19/2005 9:55:01 PM (3588 views)

[+] This has been bugging me . . . - Michaela Urban/OH (21 replies)
10/18/2005 9:57:44 AM (3594 views)

[+] New member of Phoenix Document Service! - Kurt deVries/FL (10 replies)
10/17/2005 4:50:18 PM (3516 views)

[+] LENDERS SERVICES DIRECT TULSA, OK - Becky Kale/IL (4 replies)
10/17/2005 2:22:31 PM (3487 views)

[+] Okay, another question. - Tammy Knight/MO (4 replies)
10/16/2005 10:18:06 PM (3311 views)


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