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Professional Abstract & Assurance - Elizabeth Helman/PA
6/11/2010 9:13:27 AM (4398 views)

[+] Pricing increase? Timing. - Amy Jensen/OR (6 replies)
6/10/2010 1:49:00 PM (3304 views)

[+] Email from RASA Solutions - Jacqueline Costa/RI (7 replies)
6/10/2010 9:11:46 AM (4351 views)

[+] Comment on "HUD Asks for Public Comment on RESPA Rules Regarding Affiliated Business Arrangements" - Source of Title/OH (1 reply)
6/8/2010 11:00:18 PM (3020 views)

[+] A TALE OF TWO PARCELS - CHARLENE  PERRY/MD (2 replies)
6/8/2010 1:49:01 PM (3026 views)


Real Title Services


[+] Comment on "Erin Toll Resigns: It's Colorado's Loss" - Source of Title/OH (7 replies)
6/8/2010 1:36:09 AM (3298 views)

Site update-- commenting on articles added - Slade Smith/OH
6/8/2010 12:55:41 AM (2543 views)

Interesting article on C'wide in NYT - Leigh Attridge/MA
6/7/2010 4:52:58 PM (2456 views)

[+] Mobile scanners - Phyllis Agan/GA (14 replies)
6/7/2010 10:37:55 AM (3187 views)

[+] Let your voice be heard on AFBAs - Slade Smith/OH (3 replies)
6/4/2010 1:04:48 PM (3214 views)

[+] Appraisers...got a question - PATRICIA PALMER-ILKO/PA (1 reply)
6/4/2010 11:29:07 AM (2851 views)

[-] Forbes at it again... another hit piece on title industry - Slade Smith/OH (5 replies)
6/4/2010 10:42:54 AM (4349 views)
Re: Forbes at it again... another hit piece on title industry - Scott Perry/PA
6/4/2010 2:10:08 PM (2849 views)

Thanks for the heads-up, Slade.  Haven't had a chance to view the article, but from what you posted, this sounds like another example of a writer with an ax to grind going off half-cocked without doing a little basic research.  If the author had bothered to gather a bit of background, s/he would know that the statement, "If you want to know who owns a piece of land, just grab the folder for it" is absurd on its face.  First of all, in most jurisdictions, (at least in Pennsylvania), it's the Assessment Department, not the Recorder, which maintains ownership records.  The Recorder is just the repository of real estate documents.  Secondly, the "folder" may tell you who owns the surface rights, but won't necessarily show ownership of oil/gas or minerals.  In some counties, subsurface interests aren't even subject to assessment.

I've thought for a long time that the current system of maintaining real estate records could be streamlined by combining the functions of some offices (as they have in Washington and Westmoreland counties) and introducing a unified system of recordkeeping statewide.  The latter isn't likely to happen anytime soon, but even it does, title insurance will still be necessary.  There are numerous examples of how title examiners and others in the title industry are an integral part of maintaining an accurate system of records.  Technology is a wonderful thing, but I believe that the current system is more than the sum of its parts, for the reasons you cited above.

Regards,
Scott Perry

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Re: Forbes at it again... another hit piece on title industry - Jessica Talley/NJ
6/4/2010 2:15:06 PM (2876 views)
Re: Forbes at it again... another hit piece on title industry - Slade Smith/OH
6/4/2010 3:03:43 PM (2815 views)
Re: Forbes at it again... another hit piece on title industry - Scott Perry/PA
6/4/2010 11:48:56 PM (2778 views)
Re: Forbes at it again... another hit piece on title industry - Leigh Attridge/MA
6/4/2010 7:43:12 PM (2721 views)

[+] Thanks Robert & Co... - monica froese/ME (3 replies)
6/3/2010 7:07:33 PM (2985 views)

[+] SO YOU WANT TO BE AN INDEPENDANT - CHARLENE  PERRY/MD (1 reply)
6/2/2010 2:33:39 PM (3288 views)

[+] Putting Customers on Hold - Abstractor/MI (16 replies)
6/1/2010 2:47:56 PM (3479 views)


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