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Avanzegroup fka Visionet?? - Alix Ott/MI
11/18/2021 12:34:01 PM (2969 views)
Re: Avanzegroup fka Visionet?? - Robert Franco/OH
11/18/2021 3:08:07 PM (3170 views)
Re: Avanzegroup fka Visionet?? - Amy Kauffman/TX
11/24/2021 12:38:34 PM (2948 views)
Re: Avanzegroup fka Visionet?? - Alix Ott/MI
11/24/2021 12:57:24 PM (3690 views)
Re: Avanzegroup fka Visionet?? - Amy Kauffman/TX
11/24/2021 2:50:15 PM (3047 views)
Re: Avanzegroup fka Visionet?? - Michael Rosing/IL
12/31/2021 8:52:03 AM (2268 views)
Re: Avanzegroup fka Visionet?? - stephen willard/OH
12/2/2021 7:59:46 AM (2820 views)
Re: Avanzegroup fka Visionet?? - Kara Foster-Morales/OH
12/3/2021 9:59:41 AM (2819 views)
Re: Avanzegroup fka Visionet?? - Frank Laisch/FL
1/10/2022 1:49:31 PM (2352 views)
Re: Avanzegroup fka Visionet?? - Michael Rosing/IL
12/27/2021 3:48:17 PM (2355 views)
Re: Avanzegroup fka Visionet?? - Michael Rosing/IL
1/2/2022 10:46:47 AM (2447 views)
Re: Avanzegroup fka Visionet?? - george Hubka/MI
1/3/2022 9:02:16 PM (2393 views)
Re: Avanzegroup fka Visionet?? - Frank Laisch/FL
1/10/2022 1:50:57 PM (2205 views)
Re: Avanzegroup fka Visionet?? - Sherry Greene/MI
7/17/2023 8:55:36 AM (1283 views)

VISIONET - NON-PAYERS - Brett Ryder/NC
11/16/2021 2:40:11 PM (2488 views)
Re: VISIONET - NON-PAYERS - Brett Ryder/NC
12/1/2021 11:35:18 AM (2710 views)
Re: VISIONET - NON-PAYERS - george Hubka/MI
12/13/2021 12:25:31 PM (2473 views)
Re: VISIONET - NON-PAYERS - Sherry Greene/MI
7/17/2023 8:54:37 AM (1184 views)

NON-PAYERS Mott MacDonald - Angela Sharp/CA
11/9/2021 1:40:05 PM (2048 views)
Re: NON-PAYERS Mott MacDonald - george Hubka/MI
12/13/2021 12:27:12 PM (2584 views)

Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Source of Title/OH
11/8/2021 9:42:02 AM (2337 views)
ALTA does it again, without support of members - Patrick Miller/LA
11/8/2021 9:42:02 AM (3527 views)
Re: ALTA does it again, without support of members - Garret  Fitzgerald/VA
11/8/2021 10:10:40 AM (3402 views)
Re: ALTA does it again, without support of members - Robert Franco/OH
11/8/2021 1:33:29 PM (3601 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
11/8/2021 10:14:00 AM (3334 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Robert Franco/OH
11/8/2021 1:26:30 PM (3414 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
11/8/2021 1:45:33 PM (3418 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - george Hubka/MI
12/13/2021 12:31:09 PM (3244 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
12/13/2021 1:32:25 PM (3298 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - george Hubka/MI
12/13/2021 6:57:49 PM (3263 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
12/13/2021 6:59:45 PM (3195 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Rita Killary/NY
12/20/2021 9:32:31 AM (3159 views)
Bridge to Nowhere - Judy Maclauchlan/LA
12/27/2021 9:22:04 AM (2936 views)
Home Rule/State Rule vs Federal Rule - Victoria Moate/NJ
11/23/2021 11:16:22 AM (3558 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/13/2021 12:37:13 PM (3277 views)
Re: Home Rule/State Rule vs Federal Rule - Garret  Fitzgerald/VA
12/13/2021 7:01:44 PM (3191 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/13/2021 8:55:43 PM (3202 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/19/2021 9:26:30 PM (3111 views)
Re: Home Rule/State Rule vs Federal Rule - Garret  Fitzgerald/VA
12/20/2021 11:18:31 AM (2975 views)

DRN , no pay. - A. Christopher Hohenfels/VA
11/5/2021 10:32:28 AM (1948 views)
Re: DRN ,partial paid, took a while - A. Christopher Hohenfels/VA
11/7/2021 8:23:17 PM (2701 views)
Re: DRN , paid in full, all ok - A. Christopher Hohenfels/VA
1/29/2022 10:43:58 AM (1938 views)




DRN any reports ? - A. Christopher Hohenfels/VA
11/5/2021 10:24:00 AM (1837 views)
Re: DRN any reports ? - Smitty Strickland/SC
11/7/2021 4:36:59 PM (2508 views)
Re: DRN any reports ? - Joyce Harper/OH
11/8/2021 10:11:24 AM (2409 views)

E&O - sharon tornes/MN
10/28/2021 10:36:46 AM (1624 views)
Re: E&O - Smitty Strickland/SC
10/30/2021 7:34:19 PM (2568 views)
Re: E&O - Jeanine Johnson/MN
12/6/2021 5:18:07 PM (2273 views)

Fee Favor.com - SUZANNE WALLACE/CA
10/26/2021 2:19:52 PM (2169 views)
Re: Fee Favor.com - DB Title Solutions/CA
10/31/2021 4:48:24 AM (2679 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
10/31/2021 9:03:38 PM (2554 views)
Re: Fee Favor.com - Paula Reynolds/FL
11/1/2021 8:38:06 AM (2753 views)
Re: Fee Favor.com - Smitty Strickland/SC
11/1/2021 4:19:06 PM (2584 views)
Re: Fee Favor.com - george Hubka/MI
12/13/2021 12:39:23 PM (2202 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
11/8/2021 11:04:43 PM (2304 views)
Re: Fee Favor.com - Rene Blevins/VA
11/8/2021 12:17:47 PM (2362 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
11/8/2021 11:05:36 PM (2361 views)
Re: Fee Favor.com - Chris Crook/GA
11/8/2021 8:57:34 PM (2470 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
12/7/2021 6:06:59 PM (2443 views)

Cook County, Illinois Title Plant - Ted Williamson/TX
10/25/2021 11:51:15 AM (1571 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/25/2021 12:08:51 PM (2397 views)
Re: Cook County, Illinois Title Plant - Ted Williamson/TX
10/25/2021 12:12:57 PM (2267 views)
Re: Cook County, Illinois Title Plant - Vincent Clarance/CA
10/26/2021 9:26:16 PM (2240 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/27/2021 2:01:03 PM (2298 views)
Re: Cook County, Illinois Title Plant - Jay Duncan/MO
10/28/2021 9:32:32 AM (2275 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/28/2021 9:49:45 AM (2324 views)
Re: Cook County, Illinois Title Plant - Jay Duncan/MO
10/28/2021 9:58:34 AM (2366 views)
Re: Cook County, Illinois Title Plant - SUZANNE WALLACE/CA
11/8/2021 11:08:49 PM (2153 views)
Re: Cook County, Illinois Title Plant - Robert Franco/OH
10/25/2021 12:32:54 PM (2363 views)
Re: Cook County, Illinois Title Plant - SUZANNE WALLACE/CA
11/8/2021 11:10:47 PM (2069 views)
Re: Cook County, Illinois RECORDER not Title Plant - Victoria Moate/NJ
11/16/2021 10:00:08 PM (2069 views)

TitleIT Inc - William Duncan/SC
10/21/2021 11:15:08 AM (1746 views)
Re: TitleIT Inc - SUZANNE WALLACE/CA
11/8/2021 11:13:25 PM (2106 views)

AMI Services - Marilyn Knobel/NY
10/21/2021 11:05:03 AM (1578 views)
Re: AMI Services - William Duncan/SC
10/21/2021 11:14:47 AM (2427 views)

Georgia Abstractors - Paige Dunn/GA
10/20/2021 11:47:15 PM (1517 views)
Re: Georgia Abstractors - William Duncan/SC
10/21/2021 10:54:29 AM (2522 views)

Anyone there? - William Duncan/SC
10/18/2021 9:53:23 AM (1888 views)
Re: Anyone there? - Jay Duncan/MO
10/20/2021 2:21:23 PM (2671 views)
Re: Anyone there? - William Duncan/SC
10/21/2021 10:53:15 AM (2662 views)

Requiring Full E&R for Last Owner Searches - Bruce Lutz/PA
10/4/2021 1:57:10 PM (2420 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/4/2021 3:01:40 PM (2737 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/4/2021 4:58:59 PM (2885 views)
Re: Requiring Full E&R for Last Owner Searches - Kurt deVries/FL
10/5/2021 11:45:19 AM (2718 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/8/2021 10:54:18 AM (2607 views)
Re: Requiring Full E&R for Last Owner Searches - Bruce Lutz/PA
10/11/2021 9:47:30 AM (2476 views)
Re: Requiring Full E&R for Last Owner Searches - Leigh Attridge/MA
10/10/2021 9:14:44 AM (2535 views)
Re: Requiring Full E&R for Last Owner Searches - Alix Ott/MI
10/11/2021 8:32:16 AM (2476 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/11/2021 10:29:29 AM (2672 views)
Re: Requiring Full E&R for Last Owner Searches - Alix Ott/MI
10/11/2021 11:17:30 AM (2386 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/11/2021 11:49:04 AM (2458 views)
Re: Requiring Full E&R for Last Owner Searches - Garret  Fitzgerald/VA
10/11/2021 8:47:25 AM (2349 views)
Re: Requiring Full E&R for Last Owner Searches - Rene Blevins/VA
11/9/2021 8:56:21 AM (2317 views)
Re: Requiring Full E&R for Last Owner Searches - WAYNE QUICK/NC
10/11/2021 9:07:19 AM (2455 views)
Re: Requiring Full E&R for Last Owner Searches - Shannon Budziak/VT
10/11/2021 10:06:02 AM (2380 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/17/2021 12:15:52 PM (2337 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:18:42 PM (1997 views)
Re: Requiring Full E&R for Last Owner Searches - Jeanine Johnson/MN
10/11/2021 10:44:54 AM (2310 views)
Re: Requiring Full E&R for Last Owner Searches - Philip Apter/CT
10/11/2021 7:11:59 PM (2391 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:20:10 PM (1930 views)
Re: Requiring Full E&R for Last Owner Searches - Paula Reynolds/FL
10/18/2021 11:46:34 AM (2301 views)
Re: Requiring Full E&R for Last Owner Searches - Larry Crooks/OH
10/19/2021 8:41:55 AM (2411 views)

Here is what is happening in the search/underwriting world (and has been for 20 years or more depending on what state you are in).

 

Data shows that an underwriter can require the follow scope of search on an Owner Policy:

1. Search from all liens and encumbrances from the last owner forward (WDD/PMM)

Extra cautious underwriters might say last TWO Owners forward.

During this search period the underwriter is looking for all items that need to be paid and released and closing (mortgages, liens, etc).

When an underwriter has evidence of an insured transaction the risk of claims for a missed lien or mortgage goes WAY down. So the time spend searching the owners before that does not bear fruit. It's simply a waste of the abstractors time.

In addition to the liens and mortgages, underwriters want to show easements, restrictions, HOA, Decs, etc on the title commitment. This is where you may have some disagreement on how far back these B2 items need to be searched for. 

One school of thought says, if the plat was recorded longer ago than the statutory search period (or customary) in that state then the abstractor does not need to conduct a further search because basically everything that affects the property in the last 42 years (Ohio Example) has been found in the last owner or last two owner search.

Others might say, we really want these B2's no matter how old they are, but as we all know that would take us back to 1900 in many places looking for things like joint driveway easements in OLD allotments, etc.  

As we all now, once you search a subdivision one time, you can save the B2s in your files and pull them out when that subdivision comes up again and slap them on the file for the customer. This is typically termed pull the plat card or pulling the subdivision base file. 

 If you do it right you will charge the customer for the 1 or 2 owner search (whichever they require) and then charge them something for the B2's. By saving and repeating the B2's you will be able to turn orders faster and charge many times for the work you did one time.

There will be LOTS of times (if the underwriter doesn't require any B2's behind the statutory/customer period where you are simply doing a 1 or 2 owner search (for a purchase) just like you would for a loan policy (refinance). And if that's the case, that's all the customer should be charged for IMO. 

 Clearly it's unreasonable for a client to think you are going to get B2's for the same price as a 1 or 2 owner search. I think most of your clients will understand that if you explain it to them.  

 While I'm employed by an underwriter, I am not speaking on behalf of the company here.

 

 

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Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:22:20 PM (2104 views)
Re: Requiring Full E&R for Last Owner Searches - Larry Crooks/OH
11/9/2021 8:56:05 AM (2172 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:17:34 PM (1970 views)
Re: Requiring Full E&R for Last Owner Searches - Serena Stout/VA
11/15/2021 8:40:20 AM (1968 views)
Full search = full search price - Victoria Moate/NJ
11/16/2021 10:13:56 PM (2156 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 9:28:26 AM (2108 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 1:15:33 PM (2091 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 1:28:28 PM (2071 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 4:07:42 PM (2089 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 4:56:25 PM (3083 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 5:25:11 PM (2076 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 10:24:45 AM (2093 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 10:53:54 AM (1992 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 12:21:17 PM (1961 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 3:47:04 PM (2058 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 4:06:42 PM (2003 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 4:11:22 PM (2035 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 4:20:36 PM (2066 views)

Priority Title & Escrow, LLC - Smitty Strickland/SC
10/2/2021 5:26:51 PM (1842 views)


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