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The Ultimate Estate Sale (Bunny Mellon’s) - Nathan Out/NY
9/12/2014 2:29:13 PM (1217 views)

Subscriber Access OnlyEmail encryption: A Trojan horse waiting to strike - Nathan Out/NY
9/12/2014 2:19:39 PM (1139 views)

Don Richards/Southeastern Title - Jason Knowles/AL
9/10/2014 2:51:56 PM (2956 views)

[+] Property Insight - jane guiles/AL (5 replies)
9/10/2014 2:03:59 PM (1831 views)

[+] NALTEA conference - Douglas Gallant/OH (3 replies)
9/9/2014 5:48:11 PM (3012 views)


Real Title Services


[+] Got this email this morning....gotta love it! - Nils Nelson/ME (36 replies)
9/8/2014 1:03:18 PM (3322 views)

[+] Freedom Search and Settlement - Rita Killary/NY (1 reply)
9/8/2014 8:37:08 AM (1834 views)

Fannie Mae, HOEPA, Mortgages, Predatory Lending, Request For Information - Joseph Alvey/KY
9/5/2014 8:00:11 PM (2925 views)

[+] Maine is Making Critical Changes to Court Record Access - Nils Nelson/ME (1 reply)
9/5/2014 5:50:17 PM (3265 views)

[+] determine lien position - Alix Ott/MI (27 replies)
9/4/2014 7:45:04 AM (2433 views)

[+] Latest Article in The Title Report - Not good news for the industry as a whole - Jay D/MO (14 replies)
9/3/2014 12:06:23 PM (2137 views)

[+] Comment on "WFG Names O'Neill EVP of Institutional Services" - Source of Title/OH (5 replies)
9/2/2014 10:48:18 AM (1670 views)

[-] Eliminate Non-Payers Ask for Prepayment like the rest of the world - sam r/FL (8 replies)
9/1/2014 11:37:16 AM (1923 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Joseph Alvey/KY
9/1/2014 1:38:37 PM (1220 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Joyce Froelich/NM
9/2/2014 9:29:07 AM (1163 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Rita Killary/NY
9/2/2014 10:35:42 AM (1040 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Joseph Alvey/KY
9/2/2014 11:00:16 AM (933 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Rita Killary/NY
9/2/2014 11:15:14 AM (1023 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Joseph Alvey/KY
9/2/2014 11:24:49 AM (1008 views)
Re: Eliminate Non-Payers Ask for Prepayment like the rest of the world - Heather St Amant/LA
9/3/2014 7:46:07 AM (1065 views)
Non-Payers - Victoria Moate/NJ
9/8/2014 10:19:57 AM (966 views)
It's an industry law that somewhere someone decided that paying for any kind of title services could wait until the deal closed.

Who made up that "rule"?   Firstly, in NJ, the law states that all title services must be paid for - "forgiving" the search fees when the deal doesn't close by the title agency is illegal.  It is inducement.

Second, unless you are in the position to carry someone else's credit line, why wouldn't you collect your fee when the search is ordered?  A catalog purchase still charges you for the item, even when it is on backorder. . .

Third, refers back to 1. - "we" have allowed this situtation to happen to ourselves.    I am always reading posts about  XYZ bank or title agency that doesn't pay timely and then like 30 other people are whining about the same company.  WHY ARE YOU DOING BUSINESS WITH COMPANIES THAT DON'T PAY?

I have a very good friend who is a banker and real estate investor.  He has about 90 rental properties he manages.  When his renters are late on their payments, he files with the courts for eviction.   No begging for rent or numerous phone calls for weeks trying to get rent.

So, you can either take the hard line or the soft line about getting paid on time.   When my clients don't pay me by the agreed date, they get one phone call or email.  If it's not sent immediately, then our services stop until the bill is paid.  If it is not paid within a week, I file a Theft of Services complaint and let the police deal with it.   Some clients have to go on COD in order for us to process the file.

I've retained the good clients for years and years.  The bad ones get fired.  I don't have time to waste with non-payers. 

There's a lot of business out there to be had.  It's your choice as to how you run your business.
Wherein lies the problem is those in our community of business who still allow their clients to take advantage of them through the fear of loss of business.  If you really are good at what you do, you should be fearless.

Carry on friends. . .

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[+] Clients from India - Joseph Alvey/KY (17 replies)
8/31/2014 10:58:46 AM (2483 views)

[+] Global Data Source LLC (Title Prep) - Joseph Alvey/KY (4 replies)
8/31/2014 10:46:30 AM (2221 views)


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