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NALTEA Nashville Meet and Greet - Debi Merrill/TN
8/5/2011 10:14:17 AM (2773 views)

SJC Ruling provides boost for those in eviction - Leigh Attridge/MA
8/4/2011 3:00:04 PM (3935 views)

Software question - F P/VA
8/4/2011 7:48:24 AM (3234 views)
Re: Software question - Alix Ott/MI
8/8/2011 10:55:15 AM (5771 views)
Re: Software question - William Pattison /CA
8/8/2011 12:53:22 PM (5622 views)
Re: Software question - Bill Garrett/MS
8/8/2011 12:55:41 PM (5625 views)

Foreclosure in VA - michael rafferty/VA
8/3/2011 10:09:02 AM (3133 views)
Re: Foreclosure in VA - STEVE MEINECKE/TN
8/3/2011 11:30:52 AM (5612 views)
Re: Foreclosure in VA - James Hill/VA
8/6/2011 7:41:20 AM (5633 views)

Another Random Question - Brad Bradbury/PA
8/1/2011 8:39:51 PM (3546 views)
Re: Another Random Question - William Pattison /CA
8/2/2011 4:11:33 PM (5973 views)
Re: Another Random Question - Brad Bradbury/PA
8/2/2011 8:46:42 PM (5893 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 1:23:33 AM (5805 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 10:57:31 AM (5746 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 11:29:49 AM (5811 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 12:28:11 PM (5625 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 12:53:09 PM (5730 views)
Re: Another Random Question - Robert Franco/OH
8/4/2011 9:46:50 AM (5686 views)
Re: Another Random Question - Brad Bradbury/PA
8/4/2011 10:45:20 AM (5650 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 12:46:16 PM (5723 views)
Re: Another Random Question - Constance Foye/VA
8/23/2011 12:20:28 AM (5448 views)
Re: Another Random Question - Ron McPherson/IA
8/3/2011 10:52:32 AM (5682 views)
Re: Another Random Question - Sheila Sten/PA
8/4/2011 6:47:26 PM (5766 views)
Re: Another Random Question - Cheryl Hartzman/PA
8/8/2011 3:48:13 AM (5573 views)
Re: Another Random Question - William Pattison /CA
8/8/2011 1:06:22 PM (5539 views)
Re: Another Random Question - J. Newberry, Sr./WI
8/9/2011 12:42:59 PM (5510 views)




Random Question... - Branden Rodgers/OH
8/1/2011 4:29:33 PM (4588 views)
Re: Random Question... - James Powell/MI
8/2/2011 8:13:11 AM (5672 views)
Re: Random Question... - William Pattison /CA
8/2/2011 4:39:30 PM (5509 views)
Re: Random Question... - Bill Garrett/MS
8/8/2011 1:35:45 PM (5330 views)

This is not really about fishing..... - F P/VA
7/31/2011 7:45:20 PM (3508 views)
Two Words: Price Fixing - Scott Perry/PA
7/31/2011 9:32:49 PM (5616 views)
Re: This is not really about fishing..... - Kevin Ahern/CT
8/1/2011 8:19:17 AM (5577 views)
Re: This is not really about fishing..... - F P/VA
8/1/2011 10:50:30 AM (5382 views)

Paying for Title Insurance - Leigh Attridge/MA
7/31/2011 10:29:11 AM (4068 views)

Optional History Classes in Public Schools? - William Pattison /CA
7/29/2011 7:02:10 PM (4885 views)
Re: Optional History Classes in Public Schools? - George Booth/OH
8/2/2011 5:23:29 PM (5426 views)
Re: Optional History Classes in Public Schools? - Leigh Attridge/MA
8/3/2011 8:05:09 AM (5440 views)
Re: Optional History Classes in Public Schools? - William Pattison /CA
8/8/2011 12:49:31 PM (5282 views)

BOA Demolishing Homes - Leigh Attridge/MA
7/28/2011 6:42:24 PM (4490 views)
Re: BOA Demolishing Homes - William Pattison /CA
8/9/2011 2:41:51 PM (5327 views)

Software advice - Rebecca Cowart/MS
7/28/2011 3:49:41 PM (3397 views)
Re: Software advice - mason haas/NY
7/29/2011 11:23:41 AM (5801 views)
Re: Software advice - STEVE MEINECKE/TN
7/31/2011 1:32:27 PM (5758 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:53:54 AM (5575 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:52:42 AM (5470 views)
Re: Software advice - Michael Graves/FL
8/1/2011 9:30:41 AM (5504 views)
Re: Software advice - Bill Garrett/MS
8/1/2011 10:45:44 AM (5602 views)
Re: Software advice - Rebecca Cowart/MS
8/1/2011 8:02:48 PM (5615 views)

Guaranteed Payment System - Scott Aduddell/MO
7/27/2011 11:07:56 AM (3558 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 11:59:06 AM (5740 views)
Re: Guaranteed Payment System - Kym/NJ
7/27/2011 1:21:25 PM (5654 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 5:19:26 PM (5779 views)
Re: Guaranteed Payment System - Randolph/VT
7/27/2011 10:08:53 PM (5731 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
7/28/2011 3:27:05 PM (5607 views)
Re: Guaranteed Payment System - Scott Aduddell/MO
7/28/2011 8:38:00 PM (5705 views)
Re: Guaranteed Payment System - Patrick Scott/IL
7/28/2011 11:45:07 PM (5686 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 (5553 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
8/1/2011 3:36:40 PM (5561 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/29/2011 10:43:01 AM (5740 views)
Re: Guaranteed Payment System - William Pattison /CA
8/1/2011 11:47:23 AM (5488 views)
Re: Guaranteed Payment System - John Campbell/CA
2/6/2012 8:16:07 PM (4561 views)
Re: Guaranteed Payment System - Scott Perry/PA
2/8/2012 9:25:08 AM (4316 views)
Re: Guaranteed Payment System - Robert Franco/OH
2/8/2012 10:34:24 AM (4321 views)

Update on New Millenium Title - Leigh Attridge/MA
7/27/2011 8:50:37 AM (3694 views)
Re: Update on New Millenium Title - steve-o title/TX
8/2/2011 4:03:20 PM (5288 views)
Re: Update on New Millenium Title - Stephenie Page/RI
9/7/2011 7:48:20 PM (4930 views)

Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
7/26/2011 8:48:33 AM (3943 views)
Re: Day Late & A Dollar Short - New Millenium Title - Stephen Williams/MO
8/1/2011 6:00:54 PM (5197 views)
Re: Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
8/2/2011 7:57:19 AM (5261 views)

Massachusetts single family home sales post worst June in two decades - Leigh Attridge/MA
7/26/2011 8:31:39 AM (3928 views)


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