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[-] research time? - GORDON TINSLEY/CA (9 replies)
10/20/2005 4:54:52 AM (3020 views)
Re: research time? - Scott Perry/PA
10/20/2005 8:07:53 AM (4933 views)
Re: research time? - GORDON TINSLEY/CA
10/20/2005 12:44:12 PM (4948 views)
Re: research time? - Robert Franco/OH
10/20/2005 11:38:23 AM (6196 views)

Wow... 50 orders in one day?... one person?  We have 4 full time examiners and they cover 6 counties - they can't do 50 orders in one day combined.  If they ever did, I would be very worried about the quality.  I can only assume that you have REALLY easy orders in very well organized and indexed counties.  Or maybe your courthouses are open longer? Wow...

But to answer your question... it takes us an average of 45 minutes per current owner to thoroughly research the title.  I have seen others take short-cuts, so I'm sure they are getting more done, but we don't operate that way; too much liability.  My best examiner in our easiest county spent the whole day there and did 16 current owners.  That only happened once that I can remember and that is about 30 minutes per search.

Our full 42-year searches take an average of 2 hours, but sometimes we end up spending a lot more time on particularly difficult searches. 

Another thing to consider, no matter how long a search takes, is the liability you incur.  Even if a search is easy and takes only 15 minutes (which I still can't imagine) the liability is still the same and you need to be compensated for that eventual claim, or at least the E&O coverage.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: research time? - GORDON TINSLEY/CA
10/20/2005 1:04:37 PM (4947 views)
Re: research time? - Phyllis Agan/GA
10/28/2005 8:30:14 AM (4613 views)
Re: research time? - David Jenkins/PA
10/20/2005 12:13:25 PM (4851 views)
Re: research time? - Robert Franco/OH
10/20/2005 12:24:57 PM (4855 views)
Re: research time? - David Jenkins/PA
10/20/2005 1:08:11 PM (4874 views)
Re: research time? - Lisa Scherer/NJ
10/24/2005 11:04:35 PM (4656 views)

[+] QUICK POLL - Scott Perry/PA (35 replies)
10/19/2005 9:55:01 PM (3129 views)

[+] This has been bugging me . . . - Michaela Urban/OH (21 replies)
10/18/2005 9:57:44 AM (3146 views)

[+] New member of Phoenix Document Service! - Kurt deVries/FL (10 replies)
10/17/2005 4:50:18 PM (3045 views)

[+] LENDERS SERVICES DIRECT TULSA, OK - Becky Kale/IL (4 replies)
10/17/2005 2:22:31 PM (2996 views)


Real Title Services


[+] Okay, another question. - Tammy Knight/MO (4 replies)
10/16/2005 10:18:06 PM (2891 views)

[+] Fed up! - Spencer Kinsey/AR (5 replies)
10/15/2005 12:36:11 PM (2987 views)

[+] indexing - Douglas Gallant/OH (6 replies)
10/15/2005 12:31:46 PM (2739 views)

Questions about VMC's - Donna Grady/NC
10/14/2005 10:32:19 PM (2354 views)

[+] Anyone heard of this company.... - Loretta Reed/MD (1 reply)
10/14/2005 1:16:42 PM (2964 views)

[+] A word about prices... - Robert Franco/OH (5 replies)
10/13/2005 5:40:44 PM (3205 views)

[+] Here's my rant - Loretta Reed/MD (7 replies)
10/13/2005 11:05:00 AM (2673 views)

[+] Refaxing - Danielle Nelson/WI (8 replies)
10/12/2005 2:14:31 PM (2727 views)

[+] Rant! - Tammy Knight/MO (16 replies)
10/12/2005 12:49:24 AM (2673 views)

[+] Erevna? - Tammy Knight/MO (2 replies)
10/12/2005 12:28:49 AM (2716 views)


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