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Software question - F P/VA
8/4/2011 7:48:24 AM (3329 views)
Re: Software question - Alix Ott/MI
8/8/2011 10:55:15 AM (6096 views)
Re: Software question - William Pattison /CA
8/8/2011 12:53:22 PM (5939 views)
Re: Software question - Bill Garrett/MS
8/8/2011 12:55:41 PM (5952 views)

Foreclosure in VA - michael rafferty/VA
8/3/2011 10:09:02 AM (3295 views)
Re: Foreclosure in VA - STEVE MEINECKE/TN
8/3/2011 11:30:52 AM (5944 views)
Re: Foreclosure in VA - James Hill/VA
8/6/2011 7:41:20 AM (5940 views)

Another Random Question - Brad Bradbury/PA
8/1/2011 8:39:51 PM (3642 views)
Re: Another Random Question - William Pattison /CA
8/2/2011 4:11:33 PM (6325 views)
Re: Another Random Question - Brad Bradbury/PA
8/2/2011 8:46:42 PM (6243 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 1:23:33 AM (6147 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 10:57:31 AM (6102 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 11:29:49 AM (6150 views)
Re: Another Random Question - Patrick Scott/IL
8/3/2011 12:28:11 PM (5990 views)
Re: Another Random Question - Brad Bradbury/PA
8/3/2011 12:53:09 PM (6062 views)
Re: Another Random Question - Robert Franco/OH
8/4/2011 9:46:50 AM (6035 views)
Re: Another Random Question - Brad Bradbury/PA
8/4/2011 10:45:20 AM (5982 views)
Re: Another Random Question - Robert Franco/OH
8/3/2011 12:46:16 PM (6101 views)
Re: Another Random Question - Constance Foye/VA
8/23/2011 12:20:28 AM (5774 views)
Re: Another Random Question - Ron McPherson/IA
8/3/2011 10:52:32 AM (6016 views)
Re: Another Random Question - Sheila Sten/PA
8/4/2011 6:47:26 PM (6125 views)
Re: Another Random Question - Cheryl Hartzman/PA
8/8/2011 3:48:13 AM (5925 views)
Re: Another Random Question - William Pattison /CA
8/8/2011 1:06:22 PM (5885 views)
Re: Another Random Question - J. Newberry, Sr./WI
8/9/2011 12:42:59 PM (5870 views)

Random Question... - Branden Rodgers/OH
8/1/2011 4:29:33 PM (4725 views)
Re: Random Question... - James Powell/MI
8/2/2011 8:13:11 AM (6010 views)
Re: Random Question... - William Pattison /CA
8/2/2011 4:39:30 PM (5852 views)
Re: Random Question... - Bill Garrett/MS
8/8/2011 1:35:45 PM (5683 views)

This is not really about fishing..... - F P/VA
7/31/2011 7:45:20 PM (3593 views)
Two Words: Price Fixing - Scott Perry/PA
7/31/2011 9:32:49 PM (5934 views)
Re: This is not really about fishing..... - Kevin Ahern/CT
8/1/2011 8:19:17 AM (5993 views)
Re: This is not really about fishing..... - F P/VA
8/1/2011 10:50:30 AM (5730 views)




Paying for Title Insurance - Leigh Attridge/MA
7/31/2011 10:29:11 AM (4168 views)

Optional History Classes in Public Schools? - William Pattison /CA
7/29/2011 7:02:10 PM (5042 views)
Re: Optional History Classes in Public Schools? - George Booth/OH
8/2/2011 5:23:29 PM (5782 views)
Re: Optional History Classes in Public Schools? - Leigh Attridge/MA
8/3/2011 8:05:09 AM (5805 views)
Re: Optional History Classes in Public Schools? - William Pattison /CA
8/8/2011 12:49:31 PM (5628 views)

BOA Demolishing Homes - Leigh Attridge/MA
7/28/2011 6:42:24 PM (4600 views)
Re: BOA Demolishing Homes - William Pattison /CA
8/9/2011 2:41:51 PM (5669 views)

Software advice - Rebecca Cowart/MS
7/28/2011 3:49:41 PM (3483 views)
Re: Software advice - mason haas/NY
7/29/2011 11:23:41 AM (6141 views)
Re: Software advice - STEVE MEINECKE/TN
7/31/2011 1:32:27 PM (6081 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:53:54 AM (5907 views)
Re: Software advice - Rocky Morris/TN
8/1/2011 8:52:42 AM (5807 views)
Re: Software advice - Michael Graves/FL
8/1/2011 9:30:41 AM (5839 views)
Re: Software advice - Bill Garrett/MS
8/1/2011 10:45:44 AM (5947 views)
Re: Software advice - Rebecca Cowart/MS
8/1/2011 8:02:48 PM (5949 views)

Guaranteed Payment System - Scott Aduddell/MO
7/27/2011 11:07:56 AM (3640 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 11:59:06 AM (6075 views)
Re: Guaranteed Payment System - Kym/NJ
7/27/2011 1:21:25 PM (5995 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/27/2011 5:19:26 PM (6121 views)
Re: Guaranteed Payment System - Randolph/VT
7/27/2011 10:08:53 PM (6055 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
7/28/2011 3:27:05 PM (5942 views)
Re: Guaranteed Payment System - Scott Aduddell/MO
7/28/2011 8:38:00 PM (6039 views)
Re: Guaranteed Payment System - Patrick Scott/IL
7/28/2011 11:45:07 PM (6020 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 (5931 views)
Re: Guaranteed Payment System - Branden Rodgers/OH
8/1/2011 3:36:40 PM (5892 views)
Re: Guaranteed Payment System - Nils Nelson/ME
7/29/2011 10:43:01 AM (6113 views)
Re: Guaranteed Payment System - William Pattison /CA
8/1/2011 11:47:23 AM (5824 views)
Re: Guaranteed Payment System - John Campbell/CA
2/6/2012 8:16:07 PM (4885 views)
Re: Guaranteed Payment System - Scott Perry/PA
2/8/2012 9:25:08 AM (4638 views)
Re: Guaranteed Payment System - Robert Franco/OH
2/8/2012 10:34:24 AM (4629 views)

Update on New Millenium Title - Leigh Attridge/MA
7/27/2011 8:50:37 AM (3819 views)
Re: Update on New Millenium Title - steve-o title/TX
8/2/2011 4:03:20 PM (5706 views)
Re: Update on New Millenium Title - Stephenie Page/RI
9/7/2011 7:48:20 PM (5267 views)

Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
7/26/2011 8:48:33 AM (4028 views)
Re: Day Late & A Dollar Short - New Millenium Title - Stephen Williams/MO
8/1/2011 6:00:54 PM (5534 views)
Re: Day Late & A Dollar Short - New Millenium Title - Leigh Attridge/MA
8/2/2011 7:57:19 AM (5616 views)

Massachusetts single family home sales post worst June in two decades - Leigh Attridge/MA
7/26/2011 8:31:39 AM (4019 views)

Nxt Generation Title Services - Theresa Ritz/WV
7/25/2011 2:51:21 PM (3512 views)
Re: Nxt Generation Title Services - Chris Meier/OH
7/31/2011 12:00:17 PM (5812 views)
Re: Nxt Generation Title Services - Theresa Ritz/WV
8/23/2011 2:15:56 PM (5133 views)

American Abstract - Jason Knowles/AL
7/25/2011 1:07:22 PM (4269 views)
Re: American Abstract - rod hefner/KS
7/25/2011 2:03:21 PM (5813 views)
Re: American Abstract - William Pattison /CA
7/25/2011 2:36:22 PM (5754 views)
Re: American Abstract - Suzi Wallace/CA
7/25/2011 6:36:22 PM (5735 views)
Re: American Abstract - Ron McPherson/IA
7/25/2011 8:13:41 PM (5712 views)
Different Firms; similar names verified - William Pattison /CA
8/1/2011 11:51:30 AM (5465 views)


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