Posted by Calnotary on 7/15/07 11:02am
Msg #199979

Another good SS closing their doors.

When I read that such and such SS are closing and when they have such a bad reputation with us, I dont really care for them, this slow times are good to weed out the bad SS's and the bad signers too, but when I hear about a good paying SS, I feel sorry and worried too, so the industry is going into a really bad situation.

Sanders Signing Service is closing its operations. I wish him all the luck of this world!

Reply by Glenn Strickler on 7/16/07 12:46am
Msg #200032

And I think it's going to get worse before it gets better. The payments are coming in a lot slower from formerly quick paying companies indicating to me that there is a cash flow problem out there even among the good ones. Crunch time.

Reply by Hugh Nations Signing Agents of Austin on 7/16/07 1:23am
Msg #200037

There are some examples of good news, though.

Tony Negrete is known to many participants of this forum. Negrete's Notaries pays well, and on time, and there's never a quarrel about the right thing to do in the case of cancelled signings, aborted closings, or unfunded loans. Tony seems to be doing quite well; growing his business, in fact. It couldn't happen to a nicer guy.

I'd probably say that in any event, though, since he always laughs at my jokes. I guess a touch of sadomasochism is a good thng for a signing service operator.