Posted by Nick/MD on 8/28/07 8:42pm
Msg #208276

Select Signings in California???

has anyone done work for them... I know it's slow but this is ridiculous... got a call for one for tomorrow, about 20 miles from my house... get this, a purchase... and they wanted to pay $50.00... I turned it down of course, and told them good luck finding a qualified, licensed, experienced purchase closer in Maryland to do that for $50.00.

Reply by Monica Valle-Cavero on 8/28/07 8:47pm
Msg #208277

Hey Nick,

Is it a purchase in Reisterstown? They called me earlier today for a Spanish speaking purchase in Reisterstown. $50 told 'em no way!!!!

Reply by Nick/MD on 8/28/07 9:18pm
Msg #208285

good girl.. they never told me it was spanish speaking...

Reply by Monica Valle-Cavero on 8/28/07 9:28pm
Msg #208287

Yeah, I had to ask. I charge $ 50 just for speaking Spanish in a closing!!!!

Reply by CJ on 8/29/07 10:51am
Msg #208336

Speaking Spanish

I don't speak spanish, but I get sent to those closings all the time, and it's a surprise. They can usually understand English enough to know, "This is your loan amount", etc. I can see why you would charge extra.

Even though they have been here for decades, they don't know how things work, so they still hover over every document, and they don't trust them, even if they speak English, so it takes two hours anyway, even when the loan is correct. One guy even told me, "I don't trust you becuase you are white. Whites are dishonest." Of course I said I had nothing to do with the loan, but he "read" it all anyway. (You know what I mean, they squint at in for a while, and I know they are not reading, and then they look at me suspicously). And oftentimes I have to handwrite their name on another sheet of paper for them to copy becuase they are illiterate.

And the majority of the subprime loans were with Spanish-speaking people who had spanish speaking processors. I had a spanish speaking loan officer attend the closing once, and I said, "This is your loan amount: 8%", and the loan guy said in English, "no, it's really 4%." Lied right to his face. Then they argued in Spanish for 45 minutes. The borrower did not sign.

Should we charge extra for engineers too?

Reply by CJ on 8/29/07 10:55am
Msg #208337

Now don't flame me.

I turn down jobs that ask if I speak Spanish, but the Spanish jobs I go on are a surprise. I wouold turn them down if I knew what I was in for.

Reply by Monica Valle-Cavero on 8/29/07 10:59am
Msg #208338

Re: Speaking Spanish

For loans closings I have learned a lot of the vocxabulary on my own. When I do a settlements I have had so many clients tell me how grateful they are for having had a Spanish speaking settlement agent. Just last Friday that happened to me. We had a great time joking at the table and everything went very well.

The loan you spoke about, was it an MTA/ 12 MAT? Please PM me.

I don't get the reference to engineers?

Reply by jba/fl on 8/29/07 11:18am
Msg #208342

"I don't get the reference to engineers?" I sure do! LOL n/m

Reply by RickG/CA on 8/29/07 2:00pm
Msg #208390

Re: "I don't get the reference to engineers?" I sure do! LOL

Oh boy, I moonlight for an engineering firm as a mild mannered HR recruiter during the day, and let my hair down in the evenings and go wild as an NSA. I've done a number of signings for engineers and they love to break things down and pour over every little word. Makes even the smallest packages seem like an eternity. IMO, worse than attorneys.

Reply by CJ on 8/29/07 3:03pm
Msg #208410

Engineers:

This is what I see in general:

Engineers have to read every word, but they don't understand legalese, so the more they read, the more confused they get, and the slower they go. It takes two hours, and of course they sign anyway.

Elementary school teachers (women): Put a snooty holier-than-thou look on their face, and read it holding a pencil horizontal as a pointer. They think because they know the answer to every question in their classroom, they are all knowing, just like God.

(I notice Jr. High and High School teachers don't do this. I think they have been humbled by their terroizing students.)

For me, attorneys and accountants are super easy. They both know that the truth is in the figures and the rest is boilerplate. I used to be scared when someone had their attorney there. Now I am glad because they attorney says, "The loan's fine: just sign the d*mn thing!"

I did sign a Chair of English at a college. She went over every word with a red pen and corrected the grammer. (No stopping her.) As perfect a communicator that she thinks she is, she sure gave me lousy directlions to find her office on the campus.

Reply by BetsyMI on 8/29/07 5:20pm
Msg #208442

Very entertaining, CJ! LOL. n/m