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SJC Ruling provides boost for those in eviction - Leigh Attridge/MA
8/4/2011 3:00:04 PM (3675 views)

Software question - F P/VA
8/4/2011 7:48:24 AM (2979 views)
Re: Software question - Alix Ott/MI
8/8/2011 10:55:15 AM (4816 views)
Re: Software question - William Pattison /CA
8/8/2011 12:53:22 PM (4666 views)
Re: Software question - Bill Garrett/MS
8/8/2011 12:55:41 PM (4681 views)

Foreclosure in VA - michael rafferty/VA
8/3/2011 10:09:02 AM (2879 views)
Re: Foreclosure in VA - STEVE MEINECKE/TN
8/3/2011 11:30:52 AM (4678 views)
Re: Foreclosure in VA - James Hill/VA
8/6/2011 7:41:20 AM (4699 views)

Another Random Question - Brad Bradbury/PA
8/1/2011 8:39:51 PM (3303 views)
Re: Another Random Question - William Pattison /CA
8/2/2011 4:11:33 PM (5019 views)
Re: Another Random Question - Brad Bradbury/PA
8/2/2011 8:46:42 PM (4921 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 1:23:33 AM (4840 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 10:57:31 AM (4748 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 11:29:49 AM (4832 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 12:28:11 PM (4736 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 12:53:09 PM (4803 views)
Re: Another Random Question - Robert Franco/OH
8/4/2011 9:46:50 AM (4740 views)
Re: Another Random Question - Brad Bradbury/PA
8/4/2011 10:45:20 AM (4858 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 12:46:16 PM (4770 views)
Re: Another Random Question - Constance Foye/VA
8/23/2011 12:20:28 AM (4499 views)
Re: Another Random Question - Ron McPherson/IA
8/3/2011 10:52:32 AM (4734 views)
Re: Another Random Question - Sheila Sten/PA
8/4/2011 6:47:26 PM (4818 views)
Re: Another Random Question - Cheryl Hartzman/PA
8/8/2011 3:48:13 AM (4592 views)
Re: Another Random Question - William Pattison /CA
8/8/2011 1:06:22 PM (4557 views)
Re: Another Random Question - J. Newberry, Sr./WI
8/9/2011 12:42:59 PM (4533 views)

Random Question... - Branden Rodgers/OH
8/1/2011 4:29:33 PM (4282 views)
Re: Random Question... - James Powell/MI
8/2/2011 8:13:11 AM (4771 views)
Re: Random Question... - William Pattison /CA
8/2/2011 4:39:30 PM (4647 views)
Re: Random Question... - Bill Garrett/MS
8/8/2011 1:35:45 PM (4419 views)




This is not really about fishing..... - F P/VA
7/31/2011 7:45:20 PM (3170 views)
Two Words: Price Fixing - Scott Perry/PA
7/31/2011 9:32:49 PM (4764 views)
Re: This is not really about fishing..... - Kevin Ahern/CT
8/1/2011 8:19:17 AM (4674 views)
Re: This is not really about fishing..... - F P/VA
8/1/2011 10:50:30 AM (4511 views)

Paying for Title Insurance - Leigh Attridge/MA
7/31/2011 10:29:11 AM (3818 views)

Optional History Classes in Public Schools? - William Pattison /CA
7/29/2011 7:02:10 PM (4536 views)
Re: Optional History Classes in Public Schools? - George Booth/OH
8/2/2011 5:23:29 PM (4575 views)
Re: Optional History Classes in Public Schools? - Leigh Attridge/MA
8/3/2011 8:05:09 AM (4513 views)
Re: Optional History Classes in Public Schools? - William Pattison /CA
8/8/2011 12:49:31 PM (4403 views)

BOA Demolishing Homes - Leigh Attridge/MA
7/28/2011 6:42:24 PM (4193 views)
Re: BOA Demolishing Homes - William Pattison /CA
8/9/2011 2:41:51 PM (4416 views)

Software advice - Rebecca Cowart/MS
7/28/2011 3:49:41 PM (3113 views)
Re: Software advice - mason haas/NY
7/29/2011 11:23:41 AM (4921 views)
Re: Software advice - STEVE MEINECKE/TN
7/31/2011 1:32:27 PM (4865 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:53:54 AM (4667 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:52:42 AM (4558 views)
Re: Software advice - Michael Graves/FL
8/1/2011 9:30:41 AM (4573 views)
Re: Software advice - Bill Garrett/MS
8/1/2011 10:45:44 AM (4645 views)
Re: Software advice - Rebecca Cowart/MS
8/1/2011 8:02:48 PM (4741 views)

Guaranteed Payment System - Scott Aduddell/MO
7/27/2011 11:07:56 AM (3291 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 11:59:06 AM (4809 views)
Re: Guaranteed Payment System - Kym/NJ
7/27/2011 1:21:25 PM (4749 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 5:19:26 PM (4885 views)
Re: Guaranteed Payment System - Randolph/VT
7/27/2011 10:08:53 PM (4842 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
7/28/2011 3:27:05 PM (4734 views)
Re: Guaranteed Payment System - Scott Aduddell/MO
7/28/2011 8:38:00 PM (4793 views)
Re: Guaranteed Payment System - Patrick Scott/IL
7/28/2011 11:45:07 PM (4809 views)

I think I may be missing something here.  Is the client actually releasing funds into an escrow account, to be held until the agreed upon payment date?  And, if so, who controls the escrow account(s)?  Is that how the client commits to payment?

If the client is required to release funds prior to downloading the search, then the money's gone.  So why not pay the abstractor right then and there?  Why wait until some future date?  Unless, that's how you would earn your profit, from interest on the account(s), in which case, I applaud your ingenuity.

I doubt, however, that it will ever get off the ground.  There are any number of reasons why the client does not pay the abstractor up front.  And I don't think adding an extra step for them to get their product is going to do much to induce them to turn their accounting systems upside down, as well as their order production and management systems - which often involve the abstractor typing the report directly into their system. 

I would not be the first to sign on to your program, because then I, and those who join me as your clients, are going to lose half of our customers right off the bat. 

And what about this?  If you control all that money destined for abstractors, what's to stop you from running off with it at some point?  Wouldn't be the first time an escrow account was raided.

Nice idea.  And good for you, thinking outside the box.  Unless I'm misunderstanding how it would work, which would not be the first time, it ain't gonna happen.

 

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Re: Guaranteed Payment System - Scott Aduddell
8/1/2011 4:45:24 PM (4605 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
8/1/2011 3:36:40 PM (4658 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/29/2011 10:43:01 AM (4806 views)
Re: Guaranteed Payment System - William Pattison /CA
8/1/2011 11:47:23 AM (4557 views)
Re: Guaranteed Payment System - John Campbell/CA
2/6/2012 8:16:07 PM (3587 views)
Re: Guaranteed Payment System - Scott Perry/PA
2/8/2012 9:25:08 AM (3402 views)
Re: Guaranteed Payment System - Robert Franco/OH
2/8/2012 10:34:24 AM (3421 views)

Update on New Millenium Title - Leigh Attridge/MA
7/27/2011 8:50:37 AM (3447 views)
Re: Update on New Millenium Title - steve-o title/TX
8/2/2011 4:03:20 PM (4383 views)
Re: Update on New Millenium Title - Stephenie Page/RI
9/7/2011 7:48:20 PM (4028 views)

Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
7/26/2011 8:48:33 AM (3733 views)
Re: Day Late & A Dollar Short - New Millenium Title - Stephen Williams/MO
8/1/2011 6:00:54 PM (4422 views)
Re: Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
8/2/2011 7:57:19 AM (4441 views)

Massachusetts single family home sales post worst June in two decades - Leigh Attridge/MA
7/26/2011 8:31:39 AM (3673 views)

Nxt Generation Title Services - Theresa Ritz/WV
7/25/2011 2:51:21 PM (3205 views)
Re: Nxt Generation Title Services - Chris Meier/OH
7/31/2011 12:00:17 PM (4730 views)
Re: Nxt Generation Title Services - Theresa Ritz/WV
8/23/2011 2:15:56 PM (4067 views)


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