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VISIONET - NON-PAYERS - Brett Ryder/NC
11/16/2021 2:40:11 PM (2559 views)
Re: VISIONET - NON-PAYERS - Brett Ryder/NC
12/1/2021 11:35:18 AM (2850 views)
Re: VISIONET - NON-PAYERS - george Hubka/MI
12/13/2021 12:25:31 PM (2615 views)
Re: VISIONET - NON-PAYERS - Sherry Greene/MI
7/17/2023 8:54:37 AM (1319 views)

NON-PAYERS Mott MacDonald - Angela Sharp/CA
11/9/2021 1:40:05 PM (2134 views)
Re: NON-PAYERS Mott MacDonald - george Hubka/MI
12/13/2021 12:27:12 PM (2727 views)

Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Source of Title/OH
11/8/2021 9:42:02 AM (2420 views)
ALTA does it again, without support of members - Patrick Miller/LA
11/8/2021 9:42:02 AM (3737 views)
Re: ALTA does it again, without support of members - Garret  Fitzgerald/VA
11/8/2021 10:10:40 AM (3617 views)
Re: ALTA does it again, without support of members - Robert Franco/OH
11/8/2021 1:33:29 PM (3821 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
11/8/2021 10:14:00 AM (3546 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Robert Franco/OH
11/8/2021 1:26:30 PM (3622 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
11/8/2021 1:45:33 PM (3634 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - george Hubka/MI
12/13/2021 12:31:09 PM (3449 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
12/13/2021 1:32:25 PM (3506 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - george Hubka/MI
12/13/2021 6:57:49 PM (3461 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Garret  Fitzgerald/VA
12/13/2021 6:59:45 PM (3389 views)
Re: Comment on "NAR Statement on the Passage of Bipartisan Infrastructure Bill" - Rita Killary/NY
12/20/2021 9:32:31 AM (3369 views)
Bridge to Nowhere - Judy Maclauchlan/LA
12/27/2021 9:22:04 AM (3146 views)
Home Rule/State Rule vs Federal Rule - Victoria Moate/NJ
11/23/2021 11:16:22 AM (3752 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/13/2021 12:37:13 PM (3500 views)
Re: Home Rule/State Rule vs Federal Rule - Garret  Fitzgerald/VA
12/13/2021 7:01:44 PM (3388 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/13/2021 8:55:43 PM (3412 views)
Re: Home Rule/State Rule vs Federal Rule - george Hubka/MI
12/19/2021 9:26:30 PM (3319 views)
Re: Home Rule/State Rule vs Federal Rule - Garret  Fitzgerald/VA
12/20/2021 11:18:31 AM (3171 views)

DRN , no pay. - A. Christopher Hohenfels/VA
11/5/2021 10:32:28 AM (2036 views)
Re: DRN ,partial paid, took a while - A. Christopher Hohenfels/VA
11/7/2021 8:23:17 PM (2842 views)
Re: DRN , paid in full, all ok - A. Christopher Hohenfels/VA
1/29/2022 10:43:58 AM (2088 views)

DRN any reports ? - A. Christopher Hohenfels/VA
11/5/2021 10:24:00 AM (1900 views)
Re: DRN any reports ? - Smitty Strickland/SC
11/7/2021 4:36:59 PM (2656 views)
Re: DRN any reports ? - Joyce Harper/OH
11/8/2021 10:11:24 AM (2553 views)


Real Title Services


E&O - sharon tornes/MN
10/28/2021 10:36:46 AM (1685 views)
Re: E&O - Smitty Strickland/SC
10/30/2021 7:34:19 PM (2727 views)
Re: E&O - Jeanine Johnson/MN
12/6/2021 5:18:07 PM (2418 views)

Fee Favor.com - SUZANNE WALLACE/CA
10/26/2021 2:19:52 PM (2256 views)
Re: Fee Favor.com - DB Title Solutions/CA
10/31/2021 4:48:24 AM (2825 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
10/31/2021 9:03:38 PM (2705 views)
Re: Fee Favor.com - Paula Reynolds/FL
11/1/2021 8:38:06 AM (2895 views)
Re: Fee Favor.com - Smitty Strickland/SC
11/1/2021 4:19:06 PM (2736 views)
Re: Fee Favor.com - george Hubka/MI
12/13/2021 12:39:23 PM (2342 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
11/8/2021 11:04:43 PM (2465 views)
Re: Fee Favor.com - Rene Blevins/VA
11/8/2021 12:17:47 PM (2500 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
11/8/2021 11:05:36 PM (2511 views)
Re: Fee Favor.com - Chris Crook/GA
11/8/2021 8:57:34 PM (2612 views)
Re: Fee Favor.com - SUZANNE WALLACE/CA
12/7/2021 6:06:59 PM (2592 views)

Cook County, Illinois Title Plant - Ted Williamson/TX
10/25/2021 11:51:15 AM (1641 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/25/2021 12:08:51 PM (2545 views)
Re: Cook County, Illinois Title Plant - Ted Williamson/TX
10/25/2021 12:12:57 PM (2410 views)
Re: Cook County, Illinois Title Plant - Vincent Clarance/CA
10/26/2021 9:26:16 PM (2385 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/27/2021 2:01:03 PM (2433 views)
Re: Cook County, Illinois Title Plant - Jay Duncan/MO
10/28/2021 9:32:32 AM (2413 views)
Re: Cook County, Illinois Title Plant - Vaish S/IN
10/28/2021 9:49:45 AM (2472 views)
Re: Cook County, Illinois Title Plant - Jay Duncan/MO
10/28/2021 9:58:34 AM (2511 views)
Re: Cook County, Illinois Title Plant - SUZANNE WALLACE/CA
11/8/2021 11:08:49 PM (2282 views)
Re: Cook County, Illinois Title Plant - Robert Franco/OH
10/25/2021 12:32:54 PM (2504 views)
Re: Cook County, Illinois Title Plant - SUZANNE WALLACE/CA
11/8/2021 11:10:47 PM (2206 views)
Re: Cook County, Illinois RECORDER not Title Plant - Victoria Moate/NJ
11/16/2021 10:00:08 PM (2207 views)

TitleIT Inc - William Duncan/SC
10/21/2021 11:15:08 AM (1817 views)
Re: TitleIT Inc - SUZANNE WALLACE/CA
11/8/2021 11:13:25 PM (2252 views)

AMI Services - Marilyn Knobel/NY
10/21/2021 11:05:03 AM (1650 views)
Re: AMI Services - William Duncan/SC
10/21/2021 11:14:47 AM (2580 views)

Georgia Abstractors - Paige Dunn/GA
10/20/2021 11:47:15 PM (1590 views)
Re: Georgia Abstractors - William Duncan/SC
10/21/2021 10:54:29 AM (2674 views)

Anyone there? - William Duncan/SC
10/18/2021 9:53:23 AM (1962 views)
Re: Anyone there? - Jay Duncan/MO
10/20/2021 2:21:23 PM (2818 views)
Re: Anyone there? - William Duncan/SC
10/21/2021 10:53:15 AM (2817 views)

Requiring Full E&R for Last Owner Searches - Bruce Lutz/PA
10/4/2021 1:57:10 PM (2490 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/4/2021 3:01:40 PM (2869 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/4/2021 4:58:59 PM (3033 views)
Re: Requiring Full E&R for Last Owner Searches - Kurt deVries/FL
10/5/2021 11:45:19 AM (2867 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/8/2021 10:54:18 AM (2752 views)
Re: Requiring Full E&R for Last Owner Searches - Bruce Lutz/PA
10/11/2021 9:47:30 AM (2630 views)
Re: Requiring Full E&R for Last Owner Searches - Leigh Attridge/MA
10/10/2021 9:14:44 AM (2678 views)
Re: Requiring Full E&R for Last Owner Searches - Alix Ott/MI
10/11/2021 8:32:16 AM (2619 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/11/2021 10:29:29 AM (2822 views)
Re: Requiring Full E&R for Last Owner Searches - Alix Ott/MI
10/11/2021 11:17:30 AM (2532 views)
Re: Requiring Full E&R for Last Owner Searches - Robert Franco/OH
10/11/2021 11:49:04 AM (2609 views)
Re: Requiring Full E&R for Last Owner Searches - Garret  Fitzgerald/VA
10/11/2021 8:47:25 AM (2496 views)
Re: Requiring Full E&R for Last Owner Searches - Rene Blevins/VA
11/9/2021 8:56:21 AM (2474 views)
Re: Requiring Full E&R for Last Owner Searches - WAYNE QUICK/NC
10/11/2021 9:07:19 AM (2594 views)
Re: Requiring Full E&R for Last Owner Searches - Shannon Budziak/VT
10/11/2021 10:06:02 AM (2529 views)
Re: Requiring Full E&R for Last Owner Searches - Smitty Strickland/SC
10/17/2021 12:15:52 PM (2483 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:18:42 PM (2134 views)
Re: Requiring Full E&R for Last Owner Searches - Jeanine Johnson/MN
10/11/2021 10:44:54 AM (2452 views)
Re: Requiring Full E&R for Last Owner Searches - Philip Apter/CT
10/11/2021 7:11:59 PM (2531 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:20:10 PM (2068 views)
Re: Requiring Full E&R for Last Owner Searches - Paula Reynolds/FL
10/18/2021 11:46:34 AM (2449 views)
Re: Requiring Full E&R for Last Owner Searches - Larry Crooks/OH
10/19/2021 8:41:55 AM (2553 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 (2245 views)
Re: Requiring Full E&R for Last Owner Searches - Larry Crooks/OH
11/9/2021 8:56:05 AM (2313 views)
Re: Requiring Full E&R for Last Owner Searches - SUZANNE WALLACE/CA
11/8/2021 11:17:34 PM (2119 views)
Re: Requiring Full E&R for Last Owner Searches - Serena Stout/VA
11/15/2021 8:40:20 AM (2112 views)
Full search = full search price - Victoria Moate/NJ
11/16/2021 10:13:56 PM (2305 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 9:28:26 AM (2254 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 1:15:33 PM (2239 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 1:28:28 PM (2221 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 4:07:42 PM (2229 views)
Re: Full search = full search price - Larry Crooks/OH
11/22/2021 4:56:25 PM (3233 views)
Re: Full search = full search price - Victoria Moate/NJ
11/22/2021 5:25:11 PM (2222 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 10:24:45 AM (2245 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 10:53:54 AM (2127 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 12:21:17 PM (2108 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 3:47:04 PM (2204 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 4:06:42 PM (2146 views)
Re: Full search = full search price - Victoria Moate/NJ
11/23/2021 4:11:22 PM (2177 views)
Re: Full search = full search price - Larry Crooks/OH
11/23/2021 4:20:36 PM (2213 views)

Priority Title & Escrow, LLC - Smitty Strickland/SC
10/2/2021 5:26:51 PM (1906 views)

Free Metes and Bounds online sofware - Heidi Gemeling/FL
9/29/2021 7:54:29 PM (2034 views)
Re: Free Metes and Bounds online sofware - Robert Franco/OH
9/30/2021 10:26:51 AM (2624 views)
Re: Free Metes and Bounds online sofware - Heidi Gemeling/FL
9/30/2021 10:51:13 AM (2612 views)
Re: Free Metes and Bounds online sofware - Anita Backlund/MN
10/3/2021 10:20:46 AM (2586 views)
Re: Free Metes and Bounds online sofware - Heidi Gemeling/FL
10/3/2021 6:16:55 PM (2532 views)
Re: Free Metes and Bounds online sofware - Anita Backlund/MN
10/4/2021 8:45:40 AM (2525 views)
Re: Free Metes and Bounds online sofware - Heidi Gemeling/FL
10/4/2021 8:55:22 AM (2641 views)
Re: Free Metes and Bounds online sofware - REBECCA RIZZONELLI/PA
10/4/2021 9:20:20 AM (2514 views)
Re: Free Metes and Bounds online sofware - Anita Backlund/MN
10/4/2021 3:40:33 PM (2500 views)
Re: Free Metes and Bounds online sofware - Lou Ann Steele/TN
10/8/2021 12:23:36 PM (2474 views)
Re: Free Metes and Bounds online sofware - Jeanine Johnson/MN
10/4/2021 9:39:41 AM (2446 views)
Re: Free Metes and Bounds online sofware - Lou Ann Steele/TN
10/8/2021 3:19:16 PM (2353 views)
Re: Free Metes and Bounds online sofware - Victoria  Wertz/GA
10/11/2021 10:09:21 AM (2303 views)
Are you trying to be a surveyor? - Victoria Moate/NJ
11/16/2021 10:04:43 PM (2115 views)
Are you trying to be a surveyor? - Victoria Moate/NJ
11/16/2021 10:05:28 PM (2112 views)


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