Mr. Grandon:
Thanks for your reply. While I appreciate your honesty, I have some difficulty with your rationale that it is somehow okay to use a vendor's money for an extra 30 to 60 days (interest-free) "due to the industry". I'm willing to bet that you wouldn't dream of expecting your bank to wait another 2 or 3 months for your car or mortgage payment because "you do not make the rules".
The only reason this practice continues is because too many abstractors let their clients get away with it. We need to start taking a cue from the surveyors and appraisers, most of whom will not even leave their driveway without a check in hand.
Regards,
Scott L. Perry, President
Jireh Business Information Solutions, Inc.
North Huntingdon, PA
SOT ID #1629
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