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Peace at last - David Chisolm/MS
3/23/2005 9:56:08 PM (1707 views)

[+] Abbreviated Legals - Jay Duncan/MO (12 replies)
3/23/2005 3:32:20 PM (2153 views)

[+] Speaking of min. wage....... - Cathy Iffergan/TX (7 replies)
3/23/2005 2:06:31 PM (2119 views)

[+] Pre Foreclosure - Amanda Fuller/TX (4 replies)
3/23/2005 1:50:46 PM (2157 views)

[+] geographical locations?? - Donna Grady/NC (4 replies)
3/22/2005 11:04:17 PM (2114 views)




[-] Marginal Notation - Robert Franco/OH (10 replies)
3/22/2005 6:18:19 PM (2539 views)
Re: Marginal Notation - Lisa Ramsey/TX
3/22/2005 7:12:24 PM (3227 views)
Re: Marginal Notation - Robert Franco/OH
3/22/2005 7:18:46 PM (3173 views)
Re: Marginal Notation - Doug Hollowell/TX
3/22/2005 7:16:00 PM (3278 views)

Robert, This will cause a tremendous amout of work for you going forward, especially on common name matters or active county names (like the one you mentioned).

The good part is that if there are no "Title Plants" in your county(s), (By title plant, I mean a privately owned and maintained geographical index of the records-usually owned by title agencies or companies) then the playing field is level for everyone because all searches will have to be done @ the courthouse thru the same set of records. Therefore a higher price could be fairly charged.  You will have to try to sell this to your clients (especially the large national vendor management/title companies) as they are usually looking for the least expensive fastest turanable product available.

If data companies who purchase images from the clerk, like DataTrace, Zenodata and others chose to either manually index those images or sell the images to a company who geographically indexes the records, you could be at risk of loosing to those competitors.

Here in TX, the State Board of Insurance requires that all title work related to a title policy must be worked from a "title plant" (geographic index). These are not public records but are private "libraries" owned by local title agents.  In the metro areas of TX, data companies actually purchase the indexes and images from the clerk (usually digital data now-a-days) and either electronically or manually index the documents against the legal description of the property. Then sell "subscriptions" to their data or "title plant".  This cost runs from about $3000 to $15,000/month depending on the company and the county.

Hope this helps.

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Re: Marginal Notation - Bernie O'Hare/PA
3/23/2005 9:06:10 AM (3377 views)
Re: Marginal Notation - Robert Franco/OH
3/23/2005 10:40:01 AM (3169 views)
Re: Marginal Notation - Jonathan Figliuolo/NY
3/23/2005 3:12:03 PM (3146 views)
Re: Marginal Notation - Michaela Urban/OH
3/23/2005 3:36:33 PM (3254 views)
Re: Marginal Notation - Robert Franco/OH
3/23/2005 9:46:09 PM (3236 views)
Re: Marginal Notation - george Hubka/MI
3/23/2005 9:49:42 PM (3243 views)
Re: Marginal Notation - Lisa Ramsey/TX
3/24/2005 9:31:22 AM (3252 views)

[+] oh..can you imagine the courage... - Loretta Reed/MD (13 replies)
3/22/2005 4:57:34 PM (2207 views)

[+] Collection Help - Jay Duncan (5 replies)
3/22/2005 2:41:46 PM (2170 views)

SOT Assists FBI Update - Jarrod Clabaugh/OH
3/22/2005 11:13:12 AM (1608 views)

[+] ATM - Judy Nisonger/CA (2 replies)
3/21/2005 7:44:17 PM (2127 views)

[+] WEIRD, WEIRD, WEIRD!!! - David Chisolm/MS (9 replies)
3/21/2005 7:25:29 PM (2219 views)

Non-Judicial Foreclosures - Douglas Gallant/OH
3/21/2005 5:05:47 PM (1689 views)

[+] TitleSearch USA - Barbara Bennett/IN (15 replies)
3/21/2005 3:20:51 PM (2285 views)

[+] NETROnline - Amanda Fuller/TX (2 replies)
3/21/2005 11:46:08 AM (2627 views)

[+] got a Maryland question... - Loretta Reed/MD (8 replies)
3/20/2005 11:35:29 PM (2162 views)


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