AbstractorPro (Real Title Services)
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



Diverse Title - Jason Knowles/AL
5/11/2023 11:47:13 AM (763 views)

Compexinc - Joyce Harper/OH
5/11/2023 8:35:34 AM (628 views)

[+] UPDATE TO AVANZE NON-PAYMENT - Mike Gottardi/TX (5 replies)
5/9/2023 6:52:59 PM (1036 views)

[-] Put a lien on properties we searched - Patty Baber/CA (10 replies)
5/9/2023 5:32:17 PM (1364 views)
Re: Put a lien on properties we searched - Kurt deVries/FL
5/10/2023 10:11:23 AM (1149 views)
Re: Put a lien on properties we searched - Victoria  Wertz/GA
5/11/2023 9:31:20 AM (1074 views)

I suspect you can't (nor can anyone else) because you don't have a contract with the homeowner.  They didn't ask you for any services.    You could take the company to court, get a judgment, however, collecting on that judgment will be tough.  Also, consider the expense involved, since I think you may be able to file where your company is located, however serving the other party may prove difficult and expensive.  Additionally, since it's a company, you will have a hard time trying to pierce the corporate veil, and you  have no personal guarantees from management as individuals.  Also if the company ceases to exist, your judgment is worthless. Bottom line, it's a risk we all take and sometime it does not end well.    The other potential issue may be in the vendor management package you may have signed that states you have to sit for arbitration vs. going to court. I hope you can take it as a loss write off against your taxes.

The other option that may be a possibility is that you could 1099 the company (i.e. to the IRS and you'd have to have their EIN) for the amount owed since you'd have to write it off and I believe they then have to pay taxes on it.  I seem to remember lenders doing this to foreclosed borrower for losses incurred vs. filing a deficiency judgment. 

to post a reply: login - or - register


Re: Put a lien on properties we searched - Paige Dunn/GA
5/15/2023 9:07:21 AM (954 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/15/2023 9:17:03 AM (939 views)
Re: Put a lien on properties we searched - Michael RAFFERTY/VA
5/22/2023 11:54:21 AM (881 views)
Re: Put a lien on properties we searched - Diane Price/FL
5/22/2023 10:11:22 AM (782 views)
Re: Put a lien on properties we searched - Constance Foye/VA
5/22/2023 11:30:10 AM (756 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:06:12 PM (752 views)
Re: Put a lien on properties we searched - Michael Ebersole/PA
5/22/2023 11:37:03 AM (813 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:08:25 PM (690 views)

SanRit Technologies - No Pay - Patty Baber/CA
5/9/2023 1:15:26 PM (638 views)


Real Title Services


[+] Stellar Innovations - Randi Erickson/MN (6 replies)
5/8/2023 4:58:40 PM (1117 views)

[+] Avanze - Jay Duncan/MO (5 replies)
5/8/2023 10:01:57 AM (841 views)

[+] At Home Title MN - Regina  Engebritson/MN (3 replies)
5/5/2023 8:04:08 AM (770 views)

[+] Infinity International Processing Services NO PAY - Patty Baber/CA (7 replies)
5/3/2023 2:25:10 PM (772 views)

[+] AVANZE NON-PAYMENT - Mike Gottardi/TX (2 replies)
5/1/2023 6:57:05 PM (861 views)

[+] PINNACLE TITLE AGENCY- LITTLE ROCK ARKANSAS - LAWANDA  MCMILLIAN/AR (2 replies)
4/27/2023 1:51:35 PM (882 views)

[+] LIFELINE - John Smith/FL (11 replies)
4/18/2023 12:05:23 PM (1504 views)

[+] VKMTitle - Rita Killary/NY (7 replies)
4/12/2023 12:36:18 PM (1188 views)

[+] Sepeda Title & Abstracting - Jason Knowles/AL (8 replies)
4/11/2023 11:50:33 AM (1198 views)

[+] stellar innovations - Julie Henderson/FL (42 replies)
4/5/2023 2:47:34 PM (1967 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 8917 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:

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

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

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

Multifamily Developer Confidence Declines in First Quarter
“Multifamily developers are concerned about higher interest rates for construction and development loans and tight...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage applications increased for the first time in three weeks, with refinances up 5 percent. Even with the in...
More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of 2024
"Astonishingly, greater than 90% of the country's metro areas experienced home price growth despite facing the highest m...
Real Estate Tech Leaders Discuss Transformative Impact of Artificial Intelligence
Jeff Allen, president of CubiCasa, said it is easier than ever to enhance media and outputs on listings. "This is where ...
NAR Chief Economist Lawrence Yun Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
"How is it that home sales can be this low when we've got so many people living in this country?" asked Yun. "High mortg...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.