Posted by Vince/KS on 11/13/07 6:05pm Msg #221052
Speedy Closings - check in advance?
Frank Amari called Monday last week and wanted a closing Friday morning. I was not near the computer but quoted standard fee ($xxx Friday mornings beginning of the month close-by are worthwhile). He said it was too much - would I accept $xx - no.
He called back later and said the fee was approved and confirmation would arrive later in the morning. I check them out here and elsewhere and discovered they had a poor payment history - so sent Frank an e-mail declining the appointement saying that my company was not in the position to extend credit (even though it was noted by a notary that he had agreed to pay persons using paypal). He said he knew his company had a bad rep and was doing his best to fix it. Under what circumastance would I accept the assignment?
We agreed that he would send a check Tuesday (after receipt of my ein number) and that he would fax a copy of the check. He did so and called to make sure that it arrived.
The closing went well (a short overnighted HELOC). The check arrived that day and was deposited. He called today to make certain that it arrived and would I post a message?
The confirmation did not call for quick pay, his follow-up e-mail and check did. Standard payment as stated is not acceptable for me or many of you, but he will apparantly work with you while trying to regain the companies reputation - isn't that different than simply starting over as many companies have done?
Have not accepted many assignments from ss recently as they are reluctant to pay a reasonable fee. If Frank wants to continue to pay a reasonable fee quickly I will certainly do a more for him.
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Reply by SReis on 11/13/07 6:28pm Msg #221055
I worked with them once too & expressed my concern re: pymt due to postings. They had me placed on HUD & I was paid by escrow within days.
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Reply by ME/NJ on 11/13/07 7:34pm Msg #221059
Frank has always kept his word with me and resolved any issues quickly.
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Reply by pan/nd on 11/13/07 8:31pm Msg #221062
Vince,
Had almost the exact same experience with Frank a couple of years ago. And, like with you, he kept his word with me, too.
Did several more with him over the course of the next several months and he kept his word with those, too.
And then, Zero. He dropped off the face of the earth. Haven't heard from Speedy since.
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Reply by Joan Bergstrom on 11/14/07 1:45am Msg #221095
I have worked with them many times without a problem.
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Reply by Dave_CA on 11/14/07 9:04am Msg #221112
I have also worked for Frank several times without a problem. I would do so again as he has always kept his word.
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Reply by MaineNotary on 11/14/07 9:48am Msg #221127
Re: Speedy Closings - DEADBEAT ALERT
I had a signing for them on August 9, 2007, and was contacted by a Seyi. The signing went fine, I invoiced them at the end of the month as instructed. And here I sit, still waiting for my check. Seyi has since left and I was dealing with Frank Amari. He referred me to "Ron" who handles the bookkeeping. I've been dealing with Ron and have yet to see a check. I've been promised "the check is in the mail, etc" at least five times. Nothing. It's a lousy $65 and I'm waiting over three months! This is absurd. I just wrote to Frank Amari again.
DO NOT DO BUSINESS WITH THESE CREEPS! THEY DO NOT PAY.
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