Reply by Teresa/FL on 3/15/08 3:56pm
Msg #239409
Are these FHA loans?
The only closings I've done that included a copy of the appraisal were FHA loans.
I try to review files before printing, so I questioned the TC regarding these and ended up printing just one for the borrower as the TC did not need a copy back with the signed loan docs. Saved myself 20 pages of printing.
I did not charge extra for this. It usually evens out, some packages small, some larger. I only ask for an additional fee if the package is more than 150 pages and I was not advised of the large package size before a fee was quoted.
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Reply by Susan Fischer on 3/15/08 7:02pm
Msg #239420
Comparing costs for last year to prior years,
everything has gone up. All catagories.
If I don't raise my rates to help off-set those increases, I'll be out of business this year or next.
Since I Budget in my salary, taxes, personal expenses, and savings, I can compare those catagories to prior years, and see in graphic terms my real cash flow and position as to Goals and Objectives in my Business Plan.
During these times of rapidly rising prices for everything, I've adjusted those Goals by analyzing the comparisons of catagories, and included in those adjustments is an increase in what I must charge for various services, like mobility and printing appraisals.
Prices in every sector of our lives are rising. Transportation and Food are glaring examples. My prices must reflect my rising costs, just like every other business that's still alive.
TransUnion is a perfect posterchild for the struggling mobile notary, with its promise of "volume," in exchange for lowering fees to $46. Volume notwithstanding, if it costs me more and more to provide my services, and the pay stays the same or lowers, no matter how much I work, I'm getting behind.
I work for myself, and I hold meetings. Me in my Owner's Hat with Me in my Employee's Hat. We have to come to terms in our small office. Management and Labor. We discuss belt-tightening, and pour over the budget looking for ways to trim costs. We compromise on hard choices. We're dedicated to the Budget, and check each other when impulse, surprise, or other life event happens.
Bottom line, our costs are rising, our fees must too. Or, we're working for ever-lowering pay which lowers our standard of living.
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