Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



Proposing A Ratings Bonanza! - Jason Sheppard/PA
11/1/2005 1:47:40 PM (3191 views)

[+] First Merit Settlement Services, Inc...... - Matt Papsch/MD (4 replies)
10/31/2005 4:02:57 PM (3015 views)

[+] You mean I have to pay for it?? - Robert Franco/OH (16 replies)
10/31/2005 1:25:11 PM (2703 views)

[+] Red Vision article on SOT - Donna Grady/NC (23 replies)
10/30/2005 1:05:13 AM (3068 views)

[+] TO JASON SHEPPARD - Scott Perry/PA (19 replies)
10/29/2005 12:25:52 PM (2920 views)


Real Title Services


[+] e-mail solicitation - christine/MA (3 replies)
10/28/2005 2:40:31 PM (2654 views)

[+] QUESTION FOR F. LEE... - Scott Perry/PA (4 replies)
10/27/2005 5:28:13 PM (2636 views)

[+] C2C - Smitty Strickland/SC (6 replies)
10/27/2005 5:02:32 PM (2736 views)

[+] The Future of the Industry - Robert Franco/OH (30 replies)
10/27/2005 3:04:25 PM (3064 views)

[+] Electronic storage - Deborah Manion/VA (7 replies)
10/27/2005 9:58:43 AM (2628 views)

[-] Starting your own business - Angela Glass/MD (7 replies)
10/25/2005 8:49:48 PM (2806 views)
Re: Starting your own business - Jay Duncan/MO
10/25/2005 9:10:51 PM (5350 views)
Re: Starting your own business - Loretta Reed/MD
10/26/2005 8:18:36 AM (4044 views)
Re: Starting your own business - Angela Glass/MD
10/26/2005 9:05:53 AM (3863 views)
Re: Starting your own business - Kevin Ahern/CT
10/26/2005 11:24:06 AM (3918 views)

If you are already doing home improvements, why not look into pre-sale home inspections for sale of real estate. You probably are already well positioned to enter this field.

You can also look into appraisals. The state usually requires you to complete some course work in order to get a license, and you may have to intern with a senior appraiser for a short while. Between the course work and internship you should be be well trained in a relatively short period of time (6 months to 1 year). The liability is less, but you should carry e&o insurance for it. The money is also better than abstracting fees. During the internship you will probably have to share/divide the fee for appraisals with the senior appraiser, but that is the cost of an education.

You could also look into notary closings. It is my understanding that Maryland requires licencing as a title producer. However, after you do what is necessary to get the license (training) you will find that the money is also better than abstracting fees.

In so far as abstracting is concerned, the comments of the above abstractors are all true. This is not a particularly good time to enter the field of abstracting. It requires a lot of travel time, and the price of gasoline is through the roof. The only searches that any one seems to want anymore are current owner searches. These fees for these range anywhere between $35.00 to $65.00 depending on your location. You will be in fierce cut throat competition with the more experienced abstractors in order to get business in the door, and there is the constant pressure of the vendor managers on you to reduce your prices. As many of the abstractors on this board have commented, it seems to be one of the few occupations in which the price of a title search has not risen in about the past 5 to 10 years. If anything the prices are declining, and many abstractors are either expanding the services they offer or getting out of the business entirely.

to post a reply: login - or - register


Re: Starting your own business - Kurt deVries/FL
10/26/2005 3:40:05 PM (3900 views)
Re: Starting your own business - george Hubka/MI
10/27/2005 8:31:07 PM (3886 views)
Re: Starting your own business - Kurt deVries/FL
10/28/2005 11:26:19 AM (3868 views)

[+] Passing... - Jay Duncan/MO (2 replies)
10/24/2005 3:24:08 PM (2770 views)

[+] Abstractors Aid In New Orleans' Recovery - Jarrod Clabaugh/OH (2 replies)
10/24/2005 10:19:12 AM (3738 views)

[+] Hey Kurt! - J Nisonger/CA (3 replies)
10/24/2005 12:06:20 AM (2749 views)

[+] Whine, whine, whine... - Jay Duncan/MO (6 replies)
10/23/2005 10:43:57 PM (3914 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8923 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Looking for Title Search Vendor in California
Irfan pasha's Blog
2024/05/29
0 comments

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Families Must Spend 38% of Their Income on Mortgage Payments, New NAHB Index Shows
“The Cost of Housing Index clearly shows that a growing shortage of affordable housing is hurting families and com...
New Home Sales in April Down on Higher Mortgage Rates
“A lack of homes in the resale market combined with softening of the median new home price should incentivize home...
Former title agent sentenced to 36 months in prison for $6.6 million mortgage fraud scheme
On May 22, a former title agent was sentenced to 36 months in federal prison and ordered to pay $6,634,750.00 in forfeit...
Fidelity National Financial Names Jason Nadeau As Chief Artificial Intelligence Officer
"FNF's overall technology vision has always included emerging technologies," said Mike Nolan, CEO of Fidelity National F...
Existing-Home Sales Retreated 1.9% in April
"Home sales changed little overall, but the upper-end market is experiencing a sizable gain due to more supply coming on...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.