How Do You Become A Title Abstractor?
When buying real estate or getting a mortgage, it’s important to make sure you and the bank are getting clear title to the property. To do this, the public records are searched. A title abstractor is the person that goes into the records room and pulls the documents that relate to a particular piece of property. Many abstractors have apprenticed with someone else to learn the intricacies of the profession. Often it is a family’s small business that is handed from one generation to the next. There has been an attempt in recent years to simplify the process through technology by putting documents online for anyone to access. Easy access to records has opened the doors for many inexperienced people to enter the field as researchers. The industry is now under siege from outsourcing to other countries as well. This brings about a host of other problems, particularly the fact that, the American citizen’s public records are online for the entire world to see. As claims increase because of ina
Title abstractors work in both the private and public sector. Some of the job responsibilities include creating lists of mortgages, titles, contracts and other private and public legal documents. They research any restrictions that might exist on titles to land, homes, and other buildings. Their research is passed on to title examiners who prepare reports that are needed to issue title insurance, mortgage loans, and acquiring the rights of property. Step 1 Many title abstractors start out as title searchers or clerks. Abstractors can work their way up to title examiners. Step 2 Applying directly to real estate offices, title offices, land development and government agencies is the best way to get your foot in the door. Most training is on the job. Step 3 To gain an entry level position as a title abstractor or searcher, you should have business and math skills. Research skills, especially research of public records, is very important. General writing and communication skills are needed
