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Lenders Processing Solution/ Doc Solutions - george Hubka/MI
8/25/2008 3:27:42 PM (2852 views)

[+] Pilot Search Co - denise davenport/NY (3 replies)
8/25/2008 9:07:41 AM (3287 views)

[+] sending an invoice with the abstract - Diane Cipa/PA (9 replies)
8/25/2008 8:20:10 AM (3603 views)

[+] Servicelink - Theresa Ritz/WV (5 replies)
8/25/2008 6:59:28 AM (4093 views)

[+] ABSTRACTS USA - RICHARD DAVIS/TN (1 reply)
8/23/2008 10:59:22 AM (3562 views)


Real Title Services


[+] abstractor lien? - Cynthia Roakes/VA (7 replies)
8/22/2008 10:13:56 AM (3974 views)

[+] What is it with Infinity? - Kevin Ahern/CT (19 replies)
8/21/2008 12:06:15 PM (3866 views)

[+] OAITA - Anonymous/OH (6 replies)
8/20/2008 10:45:54 PM (6752 views)

[+] RealtyData Corp / Datachek - Michael Vernon/AZ (2 replies)
8/20/2008 6:24:19 PM (3870 views)

[+] ATR Title, Inc a/k/a Applied Technology Resources, Inc? - Jean Allen/NC (4 replies)
8/20/2008 6:15:56 PM (6758 views)

[+] LFC - Christopher Denham/GA (3 replies)
8/18/2008 7:01:08 PM (3789 views)

[+] 1099... does anyone know - J Nisonger/CA (5 replies)
8/18/2008 6:54:17 PM (3599 views)

[+] FUN!! - Joyce/NM (2 replies)
8/18/2008 5:30:40 PM (5682 views)

[+] Exceptional Abstactors - Rob  Robinson/PA (4 replies)
8/18/2008 4:57:07 PM (4040 views)

[-] covering the cost of abstract and examination - Diane Cipa/PA (8 replies)
8/16/2008 2:29:47 PM (3856 views)
Re: covering the cost of abstract and examination - Cheryl Hartzman/PA
8/18/2008 8:11:32 AM (4201 views)
Re: covering the cost of abstract and examination - Diane Cipa/PA
8/18/2008 8:56:17 AM (4239 views)
Re: covering the cost of abstract and examination - Rob  Robinson/PA
8/18/2008 10:47:25 AM (4135 views)

You Diane - are an inspiraton to Title companies at least in PA.  I've seen cancellations range from 15-25% over the past 2 year, and almost every dime in Tax Certification fees and searches, is eaten by the Title company.

This topic should interest Abstractors as they apparently (by reading SOT) have been impacted by the cashflow hit to the Title company, who in turn - has a problem paying the Abstractor.  While I certainly do not and will not condone this practice of non-payment - it has happened to many a Title company.  They get to the point of, paying the rent or the abstractor.

"We already have a mandatory cancellation fee in TIRBOP but most agents are afraid to collect for fear of retribution by the lender or the realtor." 

This quote says a lot, because many small independents DO fear losing those precious clients.  When I started in this biz a few years back, soliciting Realtors & LO's to 'try' our company if the client wants a referral .....because we have such and such to offer......

...... quite a few bluntly asked the question this way... "You don't charge for cancellations, right?"

I will do as you suggest ........and will continue to follow your absolutly wonderful blogs sharing your expertise and experiance.

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Re: covering the cost of abstract and examination - Diane Cipa/PA
8/18/2008 11:28:29 AM (4050 views)
Re: covering the cost of abstract and examination - Pamela Thomas/NC
8/20/2008 12:18:22 PM (4003 views)
Re: covering the cost of abstract and examination - Diane Cipa/PA
8/20/2008 12:39:15 PM (3934 views)
Re: covering the cost of abstract and examination - Pamela Thomas/NC
8/20/2008 3:51:23 PM (3930 views)
Re: covering the cost of abstract and examination - Diane Cipa/PA
8/24/2008 1:34:18 PM (3838 views)


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