Posted by DellaCA on 1/7/05 1:22am
Msg #15673

invoice

When you send an invoice do you usually fax it or Mail it?
Also is there a place on line to soo if a loan has closed and or funded?
I remember someone saying you could find out some how but I can not remember how .
Thanks Della

Reply by DellaCa on 1/7/05 3:32am
Msg #15680

Thats see not soo it late bed time for sure.

Reply by Joan-OH on 1/7/05 7:09am
Msg #15684

If your county recorder is on line, you can sometimes tell if the mortgage or deed recorded just by going to their site. Do a google search for "Your County Recorder" and you should be able to find it. In Ohio, I can look up Ohio State County Recorders and I will get a map showing which counties are onlline and which aren't.

Be aware, that sometimes it is weeks before it is actually recorded.

As for invoicing: I always generate an invoice. If it is for a title company, I include it with the package. For a signing service, I fax it back with the rest of the faxbacks unless they have their own version. I know there are companies that want it snail mailed, but I have only had to do that for collections.

Joan-OH

Reply by DellaCa on 1/7/05 1:03pm
Msg #15718

Thanks Joan for your reply.
Della

Reply by Toots on 1/7/05 7:31pm
Msg #15779

Quickbooks is a great program....perhaps a little more complicated than those $30 programs. But it can generate great reports such as A/R aging, etc. If you have a fax modem connected to your pc, you can plug a phone line and fax your invoice directly from Quickbooks.

When I get an assignment, I enter the info into Quickbooks and generate a "pending" invoice. When the job is complete, I change the status of the invoice to "final" and fax it to whoever is paying the bill.

Reply by Toots on 1/7/05 7:32pm
Msg #15780

Sorry....wrong thread!

Reply by Tony (FL) on 1/8/05 6:24am
Msg #15818

The assigning company usually advises on invoice submission. Service Link for example requires an original to be mailed in as they will not pay from a faxed copy. Some companies will give you a choice as to faxing or mailing;others want it submitted with the loan package. The bottom line is - find out what the assigning company wants you to do. Sometimes individuals do not follow the required method and that is what leads to payment delays!

http://floridaloancloser.com