That is unbelievable. Please read the thread 'A word about prices.'
There are a couple of possibilities here... 1) they are lying to you to try to get your prices down, or 2) they are using a very inexperienced abstractor. I find it completely unbelievable that any abstractor that knows what they are doing, comprehends the liability of the work, and has E&O coverage would do current owners for $25.
If someone wants to do them that cheap, let them. They will become so overwhelmed that they can't handle the work load, or they will eventually cause someone a big loss and lose the work anyway.
Hang in there... continue to offer quality work for a fair price (if you can get a fair price) and your clients will appreciate it.
Best,
Robert A. Franco
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