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Texas AG Warns Homeowners - David Bloys/TX
8/3/2007 12:56:49 PM (2641 views)

[+] nations title - PAM DESMARAIS/NC (6 replies)
8/1/2007 10:03:41 AM (2285 views)

[+] Absolute Property Services - Mike/KS (10 replies)
7/30/2007 12:41:48 AM (2535 views)

[+] Sentinal Screening LLC - Dan Zook/NY (2 replies)
7/27/2007 3:24:48 PM (2009 views)

[+] Cancelled searchs / Payment? - Wayne Schutt II/NY (18 replies)
7/27/2007 1:42:50 PM (2409 views)




[+] TransUnion Info requested - Elvin Hill/TX (8 replies)
7/26/2007 3:37:50 PM (2323 views)

[+] Title Stream - Tempie Elder/TX (15 replies)
7/26/2007 2:14:33 PM (2459 views)

[+] NALTEA Benefits - Jay Duncan/MO (3 replies)
7/26/2007 8:45:54 AM (2122 views)

[+] Three Arch Capital in CA - Jean Allen/NC (3 replies)
7/25/2007 8:21:39 PM (2294 views)

[+] RELS Abstract - Brad McCollom/IN (2 replies)
7/25/2007 8:08:52 PM (2344 views)

[+] NALTEA & "New Ideas" - Wanda Steudel/OH (17 replies)
7/25/2007 5:40:58 PM (1964 views)

[+] real advantage - marilyn snyder/FL (2 replies)
7/25/2007 3:49:45 PM (2323 views)

[-] Titlesearch USA Message to all Abstractors - don  sedy/NY (18 replies)
7/24/2007 10:54:29 PM (2846 views)
Re: Titlesearch USA Message to all Abstractors - J.T. Shoemaker/NY
7/25/2007 11:40:17 AM (2465 views)
Re: Titlesearch USA Message to all Abstractors - Kevin Ahern/CT
7/25/2007 11:49:01 AM (2367 views)
Re: Titlesearch USA Message to all Abstractors - Wendi See/SC
7/25/2007 12:02:21 PM (2464 views)
Re: Titlesearch USA Message to all Abstractors - Julie Jasiunas/WI
7/25/2007 12:40:22 PM (2367 views)
Re: Titlesearch USA Message to all Abstractors - Robert Franco/OH
7/25/2007 1:18:46 PM (2286 views)

While I do think it is commendable that Don chose to post some information about his hardship, I agree with Wendi.  When a company orders a title search from an abstractor, payment is NEVER contingent upon getting paid by a third-party.  That fact that Title Search USA lost a client is of no consequence.  Don doesn't state that he didn't get paid - only that he lost business.  Therefore, why weren't the abstractors paid? 

Don is correct that "only a few big companies can weather that and perform on a nationwide level profitably."  Too many companies grew too fast and were under capitalized for their aggressive expansion.  When naive business owners expect the "good times" to last forever, and paying their obligations to their abstractors is not their top priority, I really find it hard to empathize.  Depending on tomorrow's orders to pay for yesterday's searches is unethical.  When a title search is ordered, the company should have the money to pay for it; at the very least the earnings from that order should be earmarked to pay the abstractor.  Anything less is just irresponsible.  Any company that cannot do that, is under capitalized and is operating out of its league.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Titlesearch USA Message to all Abstractors - Jessica Talley/NJ
7/25/2007 4:28:39 PM (2266 views)
Re: Titlesearch USA Message to all Abstractors - Robert Franco/OH
7/25/2007 4:38:19 PM (2345 views)
Re: Titlesearch USA Message to all Abstractors - Jessica Talley/NJ
7/25/2007 5:29:52 PM (2379 views)
Re: Titlesearch USA Message to all Abstractors - Kim Cowles/WI
7/25/2007 5:05:07 PM (2312 views)
Re: Titlesearch USA Message to all Abstractors - Jessica Talley/NJ
7/25/2007 6:30:40 PM (2372 views)
Re: Titlesearch USA Message to all Abstractors - george Hubka/MI
7/31/2007 3:08:04 AM (2120 views)
Re: Titlesearch USA Message to all Abstractors - KS/IN
7/25/2007 9:27:52 PM (2211 views)
Re: Titlesearch USA Message to all Abstractors - Kim Cowles/WI
7/28/2007 9:45:55 AM (2177 views)
Re: Titlesearch USA Message to all Abstractors - Lisa Gilliam/TN
7/30/2007 9:20:38 AM (2162 views)
Re: Titlesearch USA Message to all Abstractors - David Shouse/GA
7/31/2007 12:55:05 PM (2090 views)
Re: Titlesearch USA Message to all Abstractors - Denald McCarthy/MA
8/1/2007 7:21:07 PM (2094 views)
Re: Titlesearch USA Message to all Abstractors - Andre Thomas/AZ
8/8/2007 3:56:54 PM (2069 views)
Re: Titlesearch USA Message to all Abstractors - Jessica Talley/NJ
8/8/2007 5:04:07 PM (2064 views)

[+] Talk to me New Hampshire people.... - Loretta Reed/MD (2 replies)
7/24/2007 7:15:15 PM (2003 views)

[+] JUST AN FYI FOR ALL - KS/IN (16 replies)
7/24/2007 4:29:50 PM (2443 views)


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LOCAL SEARCHERS (PA& EVERYWHERE)-WE PAY
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