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



[+] Can't Companies Figure Out Online Searching - Lisa Ramsey/TX (10 replies)
4/6/2005 12:16:39 PM (2426 views)

[+] Change to message forum - Slade Smith/OH (3 replies)
4/6/2005 6:13:33 AM (2258 views)

[+] How do independents get their name out there? - Suzannah White/TX (2 replies)
4/5/2005 4:14:54 PM (2381 views)

[+] Source Title Solution - Becky C/NC (1 reply)
4/5/2005 4:01:35 PM (2318 views)

[+] ANYONE KNOW SWTX County Research In TX - J Deloach/TX (1 reply)
4/5/2005 3:35:49 PM (3904 views)




[+] Monica & Rich - monica froese/ME (13 replies)
4/4/2005 3:20:41 PM (2507 views)

[+] Nationwide Title Clearing - Danielle Nelson/WI (7 replies)
4/4/2005 10:16:53 AM (2518 views)

[-] Mortage Surveys - Garland Burnett/NM (5 replies)
4/4/2005 1:38:51 AM (2406 views)
Re: Mortage Surveys - Donna Grady/NC
4/4/2005 11:46:34 PM (3206 views)
Re: Mortage Surveys - Garland Burnett/NM
4/5/2005 1:10:52 AM (3198 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 (3273 views)
Re: Mortage Surveys - Garland Burnett/NM
4/6/2005 12:35:41 AM (3250 views)
Re: Mortage Surveys - george Hubka/MI
4/5/2005 9:02:19 PM (3192 views)

[+] Locks - Judy Nisonger/CA (1 reply)
4/3/2005 5:50:19 PM (2377 views)

[+] Shit List - Judy Nisonger/CA (20 replies)
4/3/2005 5:47:18 PM (2609 views)

[+] origin date of messge board - Kim Haase/MT (3 replies)
4/2/2005 2:22:29 PM (2242 views)

[+] Web Sites for Independents - David Bloys/TX (5 replies)
4/2/2005 11:08:08 AM (3565 views)

[+] Don't click here - James "Lin" Toney/MS (4 replies)
4/2/2005 1:11:32 AM (3726 views)

Do you BLOG? - Donna Grady/NC
4/2/2005 12:55:34 AM (3021 views)

[+] tax man cometh - Donna Grady/NC (6 replies)
4/2/2005 12:47:40 AM (2212 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 8961 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.

Latest FBI Cybercrime Report Shows Real Estate Fraud Losses Rising, Reinforcing Need for Strong Consumer Safeguards
“Fraud is not a side issue in housing; it is part of the affordability story,” said Chris Morton, chief exec...
National Association of REALTORS® Reaches Agreement to Resolve Nationwide Homebuyer Claims in Tuccori v. At World Properties
The National Association of REALTORS® (NAR) today announced a settlement agreement that would resolve claims brough...
Remodeling Market Sentiment Edges Down but Remains Positive in First Quarter
“Remodeler sentiment remained generally positive in the first quarter, as it was at the end of last year, even as ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Higher mortgage rates and continued economic uncertainty weighed down on mortgage applications again last week. W...
March Jobs Report Commentary from MBA's Mike Fratantoni
“Employment increased by 178,000 in March. However, this topline number overstates the strength of this report. Mu...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.