I agree with you about living in a free market society. But in this day of technological advancements in mortgage fraud, I personally see the housing and/or access to our valuable real estate records in countries that have yet to demonstrate a consistent pro-US foreign policy to be a serious national security concern. But that's just me.
Also, abstracting is a PROFESSION, not just a job. We don't free-market our legal advice from Asia. Why? Because they are not well-versed enough to provide legal advice in the US, much less within each state. We don't even allow our own attorneys to work in another state unless they are admitted by that state's bar. Why would someone in Asia be able to accurately do a title search when there are state differences between such things as fundamental as whether its a mortgage or a deed of trust? How many years before a lien expires? How does that county handle tax sales? There is absolutely no way someone with no "boots on the ground" in the subject area can provide an accurate, knowledgeable, professional title report. No way. Then we have the language issue. People who speak perfect English everyday of their lives get hopelessly confused by legalese. Why would we expect someone with less than an adequate command of the English language to get it right? You are right, it is a free market society, and they can certainly do the JOB, but they will never be professional abstractors.
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