Posted by kkarate on 7/15/09 6:31am Msg #295936
Is anybody during title searches?
Just wanted to know how it is working out for you and weather it is worth taking a short course on it.
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Reply by BrendaTx on 7/15/09 6:42am Msg #295937
You're going to get a lot of feedback on this. While waiting, you might look up "title searches" and read the previous feedback.
Another task to get out of the way is finding out how much you will have to pay in insurance premiums for your title work.
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Reply by BeckyNC on 7/15/09 6:53am Msg #295938
Have to agree with Brenda on this. In order to do title searching RIGHT, your best bet is to work for an attorney or title company and be fully trained that way. The online courses that are advertised are pretty much a waste of time and money. The amount of work right now is like signings - very slim pickings unless you are already established. The liability insurance is ridiculously high, but so necessary.
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Reply by MW/VA on 7/15/09 7:47am Msg #295941
The title search business known as "abstracting" is a tough one. IMO it's definitely not about taking a "short course". Remember, many things are pitched as new careers you can get in to quickly & inexpensively--not!!!! Beware of the scams that make those promises.
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Reply by Lee/AR on 7/15/09 8:13am Msg #295944
Check out this blog for more education on why you should not do this--as other posters said. http://www.sourceoftitle.com/blog_user.aspx?uniq=1
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Reply by BrendaTx on 7/15/09 9:11am Msg #295955
Link to Franco's "So you want to be an abstractor"
http://www.sourceoftitle.com/blog_node.aspx?uniq=164
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Reply by notaryinmo on 7/15/09 10:49am Msg #295972
About 6 months ago, I entertained the idea of getting into title searches. After researching and talking to those who have been in this business far longer than I have, I decided it is not in my best interest. Not only are the insurance premiums to cover you in the event of an error, but you have to be extremely detailed (nit-picky to be exact) to attempt to prevent any mistakes.
IMHO, proceed at your own risk. And really ask yourself if this is something else you'd like to open yourself open to with legal proceedings. All it takes is a slight error in someone's title.
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Reply by NCLisa on 7/15/09 3:46pm Msg #295995
Do NOT take a short course!
I do title work! I have done title work for 20 years. It is an art that can not be learned from a course. It is something that takes years and years to learn to be done right. Law school and real estate paralegal classes don't even touch on all the info that is required. I've touched on this subject before, do a search.
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