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Posted by Luckydog on 5/17/18 7:38pm
There are husband/wife teams, and in your case you and 1 other person, right? All vetted prior and properly accepted into that lender and title companies circle. That's not farming out work, that working as a team.
Years ago I had to rush out and save a closing as one NSA accepted and another showed up unannounced to anyone. He did the closing and when he scanned back, all heck broke loose who this guy was, what happened to the original notary? The original notary of course did the closing report in his name. The title company and lender both freaked out now because all this person's information had been breached. Not only did that NSA lose that company, so did the NSA he sent to do his closing, and I had to rush and get it done right.
It's bad practice to even think of doing this unless you have that arrangement with certain lenders and title companies and pre-approved.
Farming out work is when a greedy NSA takes everything, then sends a newbie out for 25% less and has them do the closing for them. The original NSA checks the package, sends it out, closes it out and accepts the payment, takes his cut and pays the newbie....not good. I don't think your networking team falls into that.
The OP is really not helping by not saying what his intentions are. Too vague |
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