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working the system..
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working the system..
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Posted by Anonymous on 5/18/06 1:43pm
Msg #120772

working the system..

In MD there is a unique form, as there probably are in other states.
Many times out of state lenders forget this form.
I usually have several copies with me.

However,

How many people woulkd go with A,B,C, or D

A. Pull out the form, get it signed and notarize it.
B. Consider producing the form UPL
C. Call the lender and explain that a form is missing and wait for him to ask you to produce it and get it signed.
D. If the closing is close, don't produce the form. Call the lender/TC/SS and explain that you think a form is missing. Let them pay you a trip fee. If it's a real drive, go with A

Reply by MistarellaFL on 5/18/06 1:49pm
Msg #120775

Sounds like a test question: go with C

I'd like to do A. but that is the same as B.
I'd call the lender and say, "I usually see form XYZ in these packages, but it is not present.
How would you like me to handle that?"

Just my opinion


Reply by Beth/MD on 5/18/06 2:03pm
Msg #120780

Re: Sounds like a test question: go with C

I know what form you're referring to. I have made a killing going back out to have the form done. However, I'll won't include it automatically because that is too much like UPL to me.

Reply by Beth/MD on 5/18/06 2:04pm
Msg #120782

Re: Sounds like a test question: go with C

And yes, I charge $50 to go back out. It's not my job to decide what forms are included in a package.


 
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