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reporting non-paying title companies to the underwriters - Michael Lanin/KY
2/3/2009 1:20:18 PM (3245 views)
Re: reporting non-paying title companies to the underwriters - Robert Franco/OH
2/3/2009 2:25:20 PM (3950 views)
Re: reporting non-paying title companies to the underwriters - Michelle/IL
2/4/2009 1:18:59 PM (3516 views)
Re: reporting non-paying title companies to the underwriters - J Nisonger/CA
2/5/2009 10:00:22 PM (3693 views)
Re: reporting non-paying title companies to the underwriters - Michael Lanin/KY
2/6/2009 12:52:40 PM (3593 views)
Re: reporting non-paying title companies to the underwriters - J Nisonger/CA
2/7/2009 3:56:45 PM (3483 views)
Re: reporting non-paying title companies to the underwriters - Clanci Nelson/OH
2/12/2009 2:18:17 PM (3420 views)
Re: reporting non-paying title companies to the underwriters - STEVE MEINECKE/TN
2/17/2009 9:17:45 AM (3404 views)

Title Assurance & Indemnity Corp. of NA Cleveland, OH - MIchael Lanin/KY
2/3/2009 1:01:36 PM (2479 views)

The Law Firm of Crystal Lowery - Edward Huguenin/SC
2/1/2009 8:20:52 AM (3645 views)
Re: The Law Firm of Crystal Lowery - Wendi See/SC
2/1/2009 6:37:04 PM (3719 views)
Re: The Law Firm of Crystal Lowery - Janis Talbot/SC
2/2/2009 9:11:46 AM (3960 views)
Re: The Law Firm of Crystal Lowery - Wendi See/SC
2/2/2009 8:34:15 PM (3774 views)
Re: The Law Firm of Crystal Lowery - Edward Huguenin/SC
2/3/2009 7:10:57 AM (3697 views)

What is considered slow pay? - no name/MI
1/30/2009 12:50:38 PM (3235 views)
Re: What is considered slow pay? - Jessica Talley/NJ
1/30/2009 12:59:33 PM (3765 views)
Re: What is considered slow pay? - Kevin Ahern/CT
1/30/2009 1:33:34 PM (3977 views)

The norm is what works best for you not necessarily your client. In this economy it is best to keep new clients on a short leash  and a limited line of credit until they prove themselves. You might want to consider an accommodation to your good clients with a demonstrated track record of timely payment. However, do it sparingly. If you check the older posts on SOT you will read of cases where even once good clients became problem clients. Remember, there is no loyalty in this business. You are only as good as your last title search, and a client will turn on you as soon as he finds an abstractor that will do the same work for $5.00 less.

I have seen several VM's or Title Companies advertising who made it seem that they are offering a good deal. Promises of high volume in return for discounts which either never materialize or decline a short time thereafter. It turns out that they are offering to pay less for a title search than the market value two years earlier. ...most of it would go into your gas tank. So in addition to timely payment...there has to be a reasonable profit.

In Connecticut the slow pay/no pay/volume discounts don't work because of our political organization. We do not have any county government. In most states the land records are kept in a county court house. In these states an abstractor can spend the entire day at a single court house, and perform 3 or 4 searches. In Connecticut we more than  100 cities and towns each of which maintains its own land records. Connecticut abstractors spend a lot of time on the road traveling between town halls each day. To do the same 3 or 4 title searches the Connecticut  abstractor may lose 2 hours of search time simply traveling from one town hall to the next. Someone called me a few weeks ago , and asked if I would do a current owner search for $45.00. It was laughable.  Four years earlier that same search would have cost them $75.00.

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Probate Question - Helene /GA
1/29/2009 11:50:27 PM (3127 views)
Re: Probate Question - Kevin Ahern/CT
1/30/2009 6:52:39 AM (3940 views)
Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 9:28:41 AM (4022 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:01:35 AM (3747 views)
Re: Maybe a shifting executory interest... - Robert Franco/OH
1/30/2009 10:25:15 AM (3614 views)
Re: Maybe a shifting executory interest... - Kevin Ahern/CT
1/30/2009 10:49:36 AM (3628 views)
Re: Maybe a shifting executory interest... - Helene /GA
1/30/2009 10:38:14 PM (3711 views)
Re: Maybe a shifting executory interest... - Douglas Gallant/OH
1/31/2009 8:27:20 AM (3706 views)




Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 10:53:59 PM (4853 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/29/2009 11:22:02 PM (3990 views)
Re: Preview of Coming Attractions? - Scott Perry/PA
1/29/2009 11:58:37 PM (3759 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 8:07:42 AM (3996 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:15:04 AM (4004 views)
Re: Preview of Coming Attractions? - AbstractorWatchdog com/NY
1/30/2009 8:16:02 AM (3934 views)
Re: Preview of Coming Attractions? - Alix Ott/MI
2/2/2009 2:10:27 PM (3716 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
1/30/2009 8:46:02 AM (3890 views)
Re: Preview of Coming Attractions? - Jessica Talley/NJ
1/30/2009 12:55:40 PM (3683 views)
Re: Preview of Coming Attractions? - michael quinn/NY
2/1/2009 1:09:50 AM (3703 views)
Re: Preview of Coming Attractions? - Kevin Ahern/CT
2/1/2009 6:01:27 AM (3811 views)
Re: Preview of Coming Attractions? - WAYNE QUICK/NC
2/2/2009 6:16:26 PM (3749 views)

The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 2:56:14 PM (3435 views)
Re: The Bankruptcy Club - Kim Cowles/WI
1/29/2009 2:59:08 PM (3935 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
1/29/2009 3:48:35 PM (3765 views)
Re: The Bankruptcy Club - Jessica Talley/NJ
1/29/2009 6:58:44 PM (3743 views)
Re: The Bankruptcy Club - Barbara Kelley/PA
2/2/2009 8:50:30 AM (3660 views)
Re: The Bankruptcy Club - Robert Franco/OH
2/2/2009 9:33:45 AM (3833 views)
Re: The Bankruptcy Club - AbstractorWatchdog com/NY
2/3/2009 10:43:16 PM (3795 views)
Re: The Bankruptcy Club - Anthony Joseph/TX
2/4/2009 8:22:07 AM (3848 views)
Re: The Bankruptcy Club - george Hubka/MI
2/25/2009 6:04:15 AM (3477 views)

MONEY OWED - quinn cioffi/PA
1/28/2009 2:38:15 PM (3461 views)
Re: MONEY OWED - Laurie E/MD
1/28/2009 6:04:33 PM (3656 views)
Re: MONEY OWED - george Hubka/MI
2/24/2009 6:51:47 PM (3434 views)

New Real Estate Numbers Are Out - AbstractorWatchdog com/NY
1/28/2009 2:25:36 PM (4216 views)

Snow Day! - Robert Franco/OH
1/28/2009 12:39:37 PM (3105 views)
Re: Snow Day! - STEVE MEINECKE/TN
1/28/2009 12:45:16 PM (3758 views)
Re: Snow Day! - Nils Nelson/ME
1/28/2009 4:37:10 PM (3775 views)
Re: Snow Day! - Joanie Hahr/VT
1/28/2009 5:05:58 PM (3562 views)
Re: Snow Day! - Glenda Hodge/TN
1/28/2009 11:14:51 PM (3571 views)
Re: Snow Day! - Sheila Sten/PA
1/29/2009 2:39:41 PM (3473 views)
Re: Snow Day! - Clanci Nelson/OH
1/29/2009 3:36:29 PM (3618 views)
Re: Snow Day! - Scott Perry/PA
1/29/2009 10:41:24 PM (3633 views)
Re: Snow Day! - Clanci Nelson/OH
1/30/2009 3:55:14 PM (3891 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:31:02 AM (3711 views)
Re: Snow Day! - Sheila Sten/PA
1/31/2009 10:30:35 AM (3658 views)
Re: Snow Day! - Kevin Ahern/CT
1/31/2009 12:36:02 PM (3579 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:42:38 PM (3642 views)
Re: Snow Day! - Scott Perry/PA
1/31/2009 3:44:38 PM (3584 views)

NALTEA - AbstractorWatchdog com/NY
1/28/2009 12:13:09 PM (2959 views)
Re: NALTEA - Dave Pelligrinelli/GA
1/28/2009 1:05:51 PM (3719 views)
Re: NALTEA - AbstractorWatchdog com/NY
1/28/2009 9:54:56 PM (3615 views)

Buckeye Land Abstract - Sybil East/GA
1/27/2009 12:54:18 PM (3270 views)

Another NON-Payer - Kurt deVries/FL
1/27/2009 12:19:30 PM (2909 views)

Title Insurance - AbstractorWatchdog com/NY
1/27/2009 10:54:55 AM (3206 views)
Re: Title Insurance - Robert Franco/OH
1/27/2009 11:37:48 AM (3897 views)
Re: Title Insurance - AbstractorWatchdog com/NY
1/27/2009 11:49:53 AM (3649 views)
Re: Title Insurance - Pete Kisan/OH
2/4/2009 8:45:38 AM (3858 views)

Infotrack Information Services - Edward Huguenin/SC
1/27/2009 7:12:47 AM (3356 views)
Re: Infotrack Information Services - Sandra Harold/KS
2/11/2009 11:30:35 AM (3793 views)
Re: Infotrack Information Services - Greg Paszkiewicz/NJ
2/23/2009 12:49:29 PM (3829 views)
Re: Infotrack Information Services - Frank NAVARRO/IL
4/8/2009 12:46:12 PM (3677 views)


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