Posted by MelissaNC on 5/16/07 12:17pm
Msg #190340

Timely Payments?

What is considered timely payments for most signing companies. I have done a closing a month ago and have not gotten paid yet. The company has no bad messages about it being a late pay.

Reply by bigdog on 5/16/07 12:21pm
Msg #190341

Most SS pay on a 45 - 60 day scale. Hope that helps. Check with the SS to see what their pay dates are.

Reply by MelissaNC on 5/16/07 3:52pm
Msg #190390

Thankyou. This is very helpful to me. One company my first one actually paid me in two weeks. I guess I got lucky.

Reply by sandi42 on 5/16/07 3:57pm
Msg #190395

I did a closing for accurate closings of SW Florida haven't been paid over 70 days and don't expect to. I have called and left messages and faxed over invoice but no return call.

Reply by bigdog on 5/16/07 6:48pm
Msg #190457

Good luck with that one. She owes me one for Febuary.

Reply by Dawn Bath on 5/17/07 3:34pm
Msg #190650

Melissa,
Alot of signing companies pay on a 30-45 day window. Some title companies that have an in house SS can pay quick because they pay directly from the funding of the loan. Some Title companies also hire their own signing agents and pay directly from funding.
Hope that helps !!
Dawn