Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



Info on KasparNet ? ? ? - george Hubka/MI
4/6/2005 10:34:15 PM (2119 views)

[+] Scott Heinenman as Trustee - Douglas Johnson/MN (1 reply)
4/6/2005 9:03:53 PM (2374 views)

[+] Can't Companies Figure Out Online Searching - Lisa Ramsey/TX (10 replies)
4/6/2005 12:16:39 PM (2431 views)

[+] Change to message forum - Slade Smith/OH (3 replies)
4/6/2005 6:13:33 AM (2265 views)

[+] How do independents get their name out there? - Suzannah White/TX (2 replies)
4/5/2005 4:14:54 PM (2386 views)




[+] Source Title Solution - Becky C/NC (1 reply)
4/5/2005 4:01:35 PM (2326 views)

[+] ANYONE KNOW SWTX County Research In TX - J Deloach/TX (1 reply)
4/5/2005 3:35:49 PM (3910 views)

[+] Monica & Rich - monica froese/ME (13 replies)
4/4/2005 3:20:41 PM (2517 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (7 replies)
4/4/2005 10:16:53 AM (2524 views)

[-] Mortage Surveys - Garland Burnett/NM (5 replies)
4/4/2005 1:38:51 AM (2412 views)
Re: Mortage Surveys - Donna Grady/NC
4/4/2005 11:46:34 PM (3236 views)
Re: Mortage Surveys - Garland Burnett/NM
4/5/2005 1:10:52 AM (3234 views)

I have lived in Oregon, Washington, Idaho and now New Mexico and all the real estate agents charge 6% for developed property and 10% for undeveloped land.  I have talked to other surveyors in most of the western states and they tell me that their realitors are charging the same fee schedule.  Although this is not what we normally think of as price fixing it sure seems odd to me that the same percentage of the sale price is the fee collected by some many real estate agents.
The reason for the fee I charge is that New Mexico is mostly undeveloped property.  Some one will come to you with a deed that is 100% bounds and the adjoing deeds don't match as far as the adjoiner call.  The area contained within the deed does not match the use and occupation lines and then you find out the deed was written by a notary in 1940 and the infromation was just repeated for deed to deed.  Or the deed(s) were in spanish and incorrectly translated to english.  Tons of other problems that are not addressed since the title companies usually write an exception to coverage that allow them to skip doing a through title search.  I wass given a survey to do and one page of document references by a title company.  I made a quick search of the court house and ended up with a three page list of relavant documents.  Things like a town site that underlayed my clients property, with twenty two deed for lots.  Along with a lot of other distrubing things.  Took me three months to unravel all the problems for my client.  If you can imagine your worst colonial title search and resulting title and occupation problems, then you have a clear picture of about 70% of the land in New Mexico.  
I love the work, kind of like doing a CSI for real property, but I need to get paid a reasonable fee for the work and two to three hunred bucks does not cover my transportation costs or my E&O insurance cost.
Seems some of us are getting the very short end of the stick, especially if you are representive of abstractors in your area.
I would be dead in the water without may of the older abstracts I use in my work.  They are worth their weight in gold for me.   

to post a reply: login - or - register


Re: Mortage Surveys - Robert Franco/OH
4/5/2005 8:52:55 AM (3315 views)
Re: Mortage Surveys - Garland Burnett/NM
4/6/2005 12:35:41 AM (3291 views)
Re: Mortage Surveys - george Hubka/MI
4/5/2005 9:02:19 PM (3228 views)

[+] Locks - Judy Nisonger/CA (1 reply)
4/3/2005 5:50:19 PM (2389 views)

[+] Shit List - Judy Nisonger/CA (20 replies)
4/3/2005 5:47:18 PM (2617 views)

[+] origin date of messge board - Kim Haase/MT (3 replies)
4/2/2005 2:22:29 PM (2250 views)

[+] Web Sites for Independents - David Bloys/TX (5 replies)
4/2/2005 11:08:08 AM (3575 views)

[+] Don't click here - James "Lin" Toney/MS (4 replies)
4/2/2005 1:11:32 AM (3734 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8973 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MBA Statement on FHFA, HUD Announcement on Credit Score Modernization
“MBA has long advocated for greater competition in the credit reporting and scoring space. Today’s announcem...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates declined last week as financial markets responded positively to the Middle East ceasefire and the ...
NAR Pending Home Sales Report Shows 1.5% Increase in March
“Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” said NA...
ALTA, Land Title Association of Colorado and AARP Applaud Attorney General Phil Weiser for Action Protecting Homeowners from Unfair MV Realty Contracts
The American Land Title Association, the Land Title Association of Colorado and AARP today commended Colorado Attorney G...
More Young Adults Interested in the Construction Trades, but Challenges Persist
“While this new research shows that more young adults have a positive attitude toward a career in the construction...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.