We expected to get paid for every search we do. We do have one client, and only one, where we get paid for only the loans that close do we get paid. Now before we all get excited, we worked it out with the client ahead of time that the price for of the search is doubled and if they fall below a 50% closure rate that the fees would have to be discussed again. We do follow up on older orders that haven't been paid for to see if a mortgage has been recorded and they forgot to send us a check.
Jay Duncan
to post a reply:
login - or -
register