Posted by Mike_IA on 9/23/05 8:58am
Msg #66884
My answer to "Will you do this closing cheaper?"
I'll offer a discount on my fee if the SS will pay my PayPal invoice upfront before the closing. And when SS say, "But we don't get paid till ____", I reply put it on your credit card and you'll have the money by the time the credit card bill arrives.
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Reply by LawrenceOK on 9/23/05 9:42am
Msg #66905
Thats a good one but I bet they say "we'll find another notary that WILL do it cheaper".
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Reply by Mike_IA on 9/23/05 9:53am
Msg #66909
Had a company this morning that asked for cheaper and they choose to paid the full fee instead of taking my PayPal discount or shopping for a cheaper notary. The companies that want to shop around are frequently the companies that don't pay notaries.
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Reply by LawrenceOK on 9/23/05 10:10am
Msg #66922
Or they are the $50 dollar SS's
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Reply by Mike_IA on 9/23/05 10:14am
Msg #66929
I'm not sure I understand your post but the company this moring is paying $120 instead of a discounted $105.
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Reply by Kath_CA on 9/23/05 9:44am
Msg #66906
Re: Got one better
SS agreed to my fee and then said, "collect the check from the borrower prior to leaving and submit a paid invoice with the packet." I asked if the borrower knew he was paying up front and she said, "of course." Wow, money up front!
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Reply by OnTheGoInFla on 9/23/05 10:04am
Msg #66915
Money up front
I like that idea and don't see why we can't do that with all the loans. Property Appraisers charge up front "collect the check from borrower" Why can't we.
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Reply by LawrenceOK on 9/23/05 10:14am
Msg #66928
Re: Money up front
RE Appraisers are NOT always paid up front. Yes 99% of the time I did get paid up front, but there were many times I was paid out of Escrow. Not all borrowers are able to pay the appraiser up front.
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Reply by Charles_CA on 9/23/05 10:53am
Msg #66950
Re: Money up front
Yep, you're right Lawrence. In fact many borrowers and buyers/sellers can't afford to actually make the payements up front. That is why it is popular to have no upfront costs for loans and to just include the costs in the financing.
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Reply by Kiso on 9/23/05 12:29pm
Msg #66969
Re: Money up front
That's the whole point of refinancing! 
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Reply by SoCal Signing Co. on 9/23/05 2:58pm
Msg #67005
Re: Money up front
I think upfront discount is great, if I have worked with the signing agent prior and know he or she is reliable and knows their stuff.
I'd bit on that one
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