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



[+] FISHING - Michael Rosing/IL (2 replies)
8/26/2024 3:19:13 PM (1206 views)

[+] Cornerstone Abstract & Title - Nancy  Jones/PA (4 replies)
8/19/2024 10:54:33 AM (1250 views)

[+] PROWESS TITLE - Michael Rosing/IL (4 replies)
8/19/2024 9:45:15 AM (1180 views)

OUTAMATION - Michael Rosing/IL
8/14/2024 9:50:12 PM (1012 views)

New York sales taxes? - Patty Baber/CA
8/14/2024 2:20:02 PM (862 views)


Real Title Services


[+] I wasn't born yesterday - Ben Wilczynski/PA (11 replies)
8/12/2024 2:32:08 PM (1925 views)

[+] Express Abstracting & Title Services LLC - NO PAY - Darren Miller/CA (2 replies)
7/30/2024 3:59:14 PM (1548 views)

[+] Abstractor Software - Scott Smith/PA (1 reply)
7/30/2024 10:10:09 AM (1535 views)

[+] Title Insurance Misconceptions - Angela Sharp/CA (2 replies)
7/22/2024 6:02:30 PM (1139 views)

[-] summary and documents, documents and summary - Ben Wilczynski/PA (10 replies)
6/27/2024 9:55:22 AM (1877 views)

Hello, friends! Ben with Veracity here, looking for some feedback. 

When I was trained as an abstractor (in the Detroit area, roughly 450 years ago) I was taught to follow a simple rule:

"If you cite a document on your summary, you should include a copy in your bundle. If you include a document in your bundle, it should be cited on your summary."

That was a good rule at the time, and I believe it has only become more important. We just had an example of why this is important: the abstractor provided copies of the deeds in the chain of title, but did not list them on her summary report.  In fact, when asked, she refused to. Later, we learned that the abstract was missing an outsale deed which was necessary to understand the complicated metes and bounds legal description. The customer, naturally, was very upset that they had wasted hours trying to make sense of the title without that deed. What happened? Simple: the abstractor's scanner had "skipped" that deed.

If the abstractor had included a written chain of title, even just a list of deeds, this would have been a minor problem. My team would have noticed the omission before sending the abstract to the client. But instead, this correction required hours of work on the client's part.

My question is: do you make sure your summary agrees with your documents, and vice versa? If not, why not? 

Thank you for your time. 

to post a reply: login - or - register


Re: summary and documents, documents and summary - Jay Duncan/MO
6/27/2024 10:45:43 AM (2075 views)
Re: summary and documents, documents and summary - Rita Killary/NY
6/27/2024 12:49:52 PM (1987 views)
Re: summary and documents, documents and summary - Brandon ONeal/TN
6/27/2024 6:34:39 PM (2098 views)
Re: summary and documents, documents and summary - Serena Stout/VA
7/1/2024 10:02:29 AM (2029 views)
Re: summary and documents, documents and summary - Philip Apter/CT
7/8/2024 10:21:42 AM (1897 views)
Re: summary and documents, documents and summary - stephen willard/OH
7/8/2024 11:07:49 AM (1954 views)
Re: summary and documents, documents and summary - Advanced Background Check/OH
7/9/2024 2:20:40 PM (1843 views)
Re: summary and documents, documents and summary - Ben Wilczynski/PA
7/10/2024 1:48:08 PM (1859 views)
Re: summary and documents, documents and summary - george Hubka/MI
7/10/2024 6:14:15 PM (1836 views)
Re: summary and documents, documents and summary - Ben Wilczynski/PA
7/31/2024 11:00:20 AM (1726 views)

[+] CCOST OF A COMMERICAL SEARCH - Saundra  Scott/MD (3 replies)
6/24/2024 9:01:01 PM (1892 views)

CCOST OF A COMMERICAL SEARCH - Saundra  Scott/MD
6/24/2024 9:00:59 PM (1233 views)

[+] SKY ONE TITLE SERVICES - Michael Rosing/IL (1 reply)
6/20/2024 10:20:37 AM (1422 views)

[+] PLATOON TITLE SERVICES - Michael Rosing/IL (3 replies)
6/18/2024 2:13:38 PM (1671 views)

[+] Foreclosures - Kurt deVries/FL (5 replies)
6/17/2024 1:43:26 PM (1819 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 8961 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:

Shared Driveway Agreements
Marissa Berends's Blog
2025/12/10
0 comments

Explain It Like I’m 5: FIRPTA Edition
Marissa Berends's Blog
2025/12/03
0 comments

Home buyers are more active this fall.....
Michael Stelzer's Blog
2025/11/27
0 comments

Articles

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

Commercial and Multifamily Mortgage Delinquency Rates Mixed in Third-Quarter 2025
“Commercial mortgage delinquencies increased for CMBS and GSE loans in the third quarter and decreased slightly fo...
MISMO Calls for Industry Professionals to Join the New Technology Impact and Enablement Community of Practice
“The mortgage industry is evolving rapidly as technology drives modernization,” said Shawn Jobe, Vice Presid...
Utility Costs, Indoor Air Quality, and Energy Efficiency Drive Commercial Real Estate Sustainability Decisions
"Commercial real estate agents recognize the importance of sustainability when purchasing, leasing, or selling propertie...
Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage rates moved lower in line with Treasury yields, which declined on data showing a weaker labor market and...
ALTA, ILTA Applaud Idaho AG on Consumer Exploitation Lawsuit
“American homeowners deserve unwavering protection of their property rights,” said ALTA Director of State Go...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.