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[+] Experience closing short sales w/transactional funding? - Eric Michaels/IL (21 replies)
9/3/2009 1:03:46 AM (3512 views)

[-] selling searches - edward hartung/OH (8 replies)
8/31/2009 11:04:12 PM (3762 views)
Re: selling searches - Robert Franco/OH
9/1/2009 9:46:54 AM (4009 views)
Re: selling searches - edward hartung/OH
9/2/2009 12:33:07 AM (3965 views)
Re: selling searches - Robert Franco/OH
9/2/2009 8:59:13 AM (3881 views)

I guess I'm not really clear on what your situation is, but your original question was whether I had any problem "selling a search for someone else to issue from?" As an abstractor, most of the searches I do (and sell) are for a client who will issue a title policy.  Thus, I have no problem that at all. 

Your question now seems to be whether I have a problem advising a client on how to correct title issues disclosed on a search.  Depending on the defect that needs to be corrected, this could be construed as legal advice which as a non-attorney, I cannot offer.  If their question deals more with procedural issues at the courthouse, I have no problem sharing any information I have with a client.  On the other hand, if they are looking for a legal opinion as to whether a particular curative measure will "fix" the defect, I refer them to their underwriter because I am prohibited from giving legal advice.

We do searches that disclose the status of the title according to the public records.  If the client has a follow up question relating to why we showed certain items on a search, I have no problem answering those questions and I do not charge a fee.  Generally, our searches are self-explanatory, but sometimes they get complicated and the client may need some clarification.  I don't think I should charge extra to help a client understand our notes.  But, understanding the problem is usually the end of my input on the matter - I cannot advise them on the course of corrective action that is necessary to clear the title in most cases.  That is an underwriting decision for their underwriter and I would not be comfortable guessing how they prefer to handle such issues.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: selling searches - edward hartung/OH
9/2/2009 10:33:31 PM (3759 views)
Re: selling searches - Robert Franco/OH
9/3/2009 8:49:06 AM (3917 views)
Re: selling searches - edward hartung/OH
9/22/2009 11:52:12 PM (3579 views)
Re: selling searches - Robert Franco/OH
9/23/2009 8:46:40 AM (3529 views)
Re: selling searches - shori ferrell/MO
9/28/2009 11:30:22 AM (3592 views)

new client, trust title - WAYNE QUICK/NC
8/31/2009 6:54:42 PM (3358 views)

[+] Cleary Title - Robin Ramberg/MI (1 reply)
8/30/2009 8:32:56 PM (4510 views)

[+] Abstractor Fees - Tena Grice/TX (4 replies)
8/28/2009 11:40:47 PM (6714 views)




SOT maintenance notice - Slade Smith/OH
8/28/2009 1:45:08 PM (3011 views)

[+] Abstractor Watchdog - Nils Nelson/ME (3 replies)
8/27/2009 6:32:24 PM (3961 views)

[+] Service 1st Valuation and Settlement Services - VIVIAN SLYKER/OH (1 reply)
8/25/2009 3:16:23 PM (4131 views)

[+] Payment - Jana Urban-Buzek/OH (1 reply)
8/25/2009 12:15:50 PM (3789 views)

[+] Database Designed for Abstracting Companies - James Baker/AL (26 replies)
8/22/2009 10:18:57 PM (3964 views)

[+] Fico Scores - Jack Johanson/PA (2 replies)
8/21/2009 3:29:25 PM (3462 views)

[+] Mortgage Fraud the new target! - David Chisolm/MS (4 replies)
8/20/2009 2:51:56 PM (4568 views)

[+] A big 'thank you' to the OAITA! - Robert Franco/OH (3 replies)
8/20/2009 9:58:47 AM (4606 views)

[+] A.I.T.F. Retrieval Services - Ray Glowniak/CA (8 replies)
8/19/2009 2:10:55 PM (5002 views)

abstractorleads.com - PJ/CA
8/19/2009 12:27:57 PM (4403 views)


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