Posted by John Bouchard on 3/3/10 7:49pm
Msg #325229

NREIS -

So...I finally got a hold of someone who could tell me where my January checks are - her response - any signings completed from January 12 - January 26 were cut on the January 30th run; however, they will NOT be mailed until March 22 (?????). So, I ask - how about the closings I completed in February - her response - don't know when they will be cut or when they will be mailed....

Reply by Linda_H/FL on 3/3/10 7:51pm
Msg #325232

Re: NREIS - translation...

We cut the checks but there's no money to cover them yet.

Reply by Marian_in_CA on 3/3/10 7:58pm
Msg #325237

Re: NREIS - translation...

I sure wish my utility companies would be so understanding.

"Dear SoCal Edison, this note is to let you know that I've written you check #2157 for $200.43. I wrote it last month, and it's sitting on my desk, ready to mail. I will mail it 3 weeks from now."

Reply by jba/fl on 3/3/10 8:25pm
Msg #325240

Re: NREIS - translation...

Dear Marian Customer:
Your power is temporarially cut off. When you mail that check, be sure to include a fee for turning this service back on. Without that, we cannot turn it back on.

Since you will have other billings on top of the $200.43 that has not been billed yet, make sure you check with our billing department to get the exact amount due.

Unless you are paid to date at the time of reconnection, there will be no reconnection. We also will require at that time a new deposit for your account of $500.00. Add this into your check also.

Sincerely yours,

SoCal Edison
"Our progress is your responsibility"

Reply by desktopfull on 3/3/10 8:27pm
Msg #325242

Too funny........LOL:) n/m

Reply by Marian_in_CA on 3/3/10 8:42pm
Msg #325243

Very cute! LOL n/m

Reply by jba/fl on 3/3/10 8:51pm
Msg #325247

Re: Very cute! LOL

It would be if there weren't a grain or two of truth to this.

Reply by desktopfull on 3/3/10 10:12pm
Msg #325265

Re: Very cute! LOL

True, but sometimes it helps to add some humor to a bad situation of which you have a unique talent of doing.

Reply by kflorida on 3/3/10 7:58pm
Msg #325236

I was told my 12/26/09 ck was cut 1/15/10....then i got an email monday saying it was mailed 2/27/10 (saturday)...like everyone else says secured lending (owned by nreis) pays 2 times a month with no problem...nreis is getting really bad

Reply by desktopfull on 3/3/10 8:24pm
Msg #325239

I posted the same message below (325130 & 325135), only my payments are for Nov & Dec, and didn't know when I would get Jan & Feb.. To those that continue accepting closings, your tempting fate, I ignored everyones warnings about LFC and kept accepting closings because they met my fees, well all I can do is blame myself for getting stiffed because I wouldn't llisten. The writing was on the wall and I wouldn't pay attention to those telling me to bailout either, I was stiffed for 10 closings and the last 2 were purchase closings within 48 hours of them locking their doors. I'm really hoping that NREIS mails that check on 3/22/10 and it clears the bank, at least that's the majority of the money that they owe me. I turned down 8 closings in February and will continue to refuse their work even after they pay me in full.

Reply by King - Peggy on 3/3/10 9:48pm
Msg #325261

Has anyone thought of taking these slow payers to a collection agency?

Reply by hp/MD on 3/4/10 9:49am
Msg #325285

I don't know what is going on with you guys. I received payments through 2-12-10. SLS is a sister company. Talk to Jason in scheduling.

Reply by garland/CA on 3/4/10 9:55am
Msg #325287

consider yourself fortunate. payments are spotty - some have been paid, some haven't. I personally have spoken to Jason several times, another person (can't remember the name) and emailed Andrea. Various responses received, none satisfactory. I am owed for two signings. Check has been cut since end of January but not mailed....same story.

Reply by Les_CO on 3/4/10 10:31am
Msg #325290

What they are really saying is that they are using your money that they get when the loan funds, to pay their overhead. That they do not have the capital to be in business. They will take the next notary’s money to pay the past due notary. Sort of a notary financed Ponzi scheme. Anyone that chances to work for people this far in the hole will eventually get burned. JMO

Reply by pan/nd on 3/4/10 3:22pm
Msg #325344

I've done lots for them.

They owe me for a couple.


But, they are at the end of the line with me.

No more....until they clean up their payment act or most likely go out of business.

Reply by Donna LaBelle on 3/4/10 3:28pm
Msg #325345

the woman I talked to today was a real b*tch

Reply by MW/VA on 3/4/10 4:30pm
Msg #325366

This is the same co. that has a 3-strike policy for agents.

I tend to use a 3-strike policy for payment issues also. We're extending credit to these folks.
IMO it's prudent to set credit limits (like 3-4 signings until payment is received). From the daily posts, it is obvious that NREIS is having cash-flow issues. They are a huge company with lots of people on the payroll. You can be sure their employees won't wait 60-90 days to be paid.

Reply by ADD/NYCT on 3/5/10 2:04pm
Msg #325531

NREIS and SLS jerking me around too

They confirmed they will send checks (SLS on Feb. 26th, NREIS March 8th) after I emailed them for January closings. I am not taking ANY jobs from either of them anymore. Here is who you email for NREIS: [e-mail address].