Posted by KimTOR on 3/20/10 1:33am
Msg #328142

Uggggggggggg 1-1/2hr signing

Took frikin' forever then as if things couldn't get worse, we missed a sig......... So now I have to get a hold of them to get the signature! Yeah this is me whining. If something comes back I think I'm gonna pitch a fit.

Reply by PJM/MI on 3/20/10 5:42am
Msg #328148

LOL! I had one like that about a month ago. The bo had to read EVERY page. Yes, I know, it is their right to do so.

Reply by Rick Ary on 3/21/10 7:55pm
Msg #328312

I had a 1.45 signing on Sat. because one of the borrowers was 90 and had to sign very slow. They did not question a doc., it just took that long. This is about 3 of this kind. The lender made him spell out his whole name and he had a long middle name.

Reply by Laura_V on 3/20/10 7:43am
Msg #328153

Good to know

I thought frikin' was spelled frickin'.

So I have been posting "words" spelled incorrectly.



Thanks for the spelling correction, Kim.

Reply by KimTOR on 3/20/10 4:31pm
Msg #328199

Re: Good to know

I'm going to venture since frikin' or frickin' or whatever is a slang term that it probably doesn't have any real spelling rules that one must apply but I'm glad to help with the spelling options of completely unprofessional words.

On a side note I was glad to get my doc's fedex'ed today after chasing offices that already had early pick ups of their fedexes. My momma said I'd have days like this.

Reply by 101livescan on 3/21/10 12:21am
Msg #328232

I had an hour JPMorgan Chase refinance signing last week that took an hour, in the offices of my fav title company...You know what, I let them sit there and read the DOT for a full hour. Then I marked up my bill from $100 to $200, and the Escrow Officer was completely in agreement, too fricking long to sit there and pour over documents these people have signed over and over again for years. The interest rate was very low, they were saving money and getting cash out of escrow. What's the problem Just anal at our expense (or profit).

Reply by Susan Fischer on 3/21/10 1:57am
Msg #328235

Yup. It is what it is. Cheryl, you nailed the value of

teaming up with local clients, where 'Time is Money' actually operates.

Btw, Spring is here already, how do your vines grow?

Reply by CopperheadVA on 3/21/10 8:36am
Msg #328241

Wow, I've had readers before but I've never marked up my bill. Maybe I'll try that next time because on occasion it does get ridiculously abusive with the additional time spent at the table. I had an attorney once who read every word, resulting in a two hour closing, and I did let the TC know afterward what he did and that it would have been best if he had been provided the docs ahead of time for review. I didn't have another appt afterward and it was for a good-paying client, so I just sucked it up.

I also recently had one in a bank with the L/O present and the first 30 minutes was spent with borrower asking L/O the same questions over and over and over. I had another appointment right afterward, so after 30 minutes of that crud I said in the sweetest voice, "I have another appointment right after this one. We've now been here for 30 minutes without signing a single document. At this point I need to know if we are going to proceed with the signing. If you need more time to review the documents, then we'll have to reschedule for later in the day."

I don't think B liked that but she did begin signing. I wasn't sorry - she'd eaten up too much time with asking the same questions ad nauseam, just rephrasing them each time!

Reply by BrendaTx on 3/21/10 1:00pm
Msg #328264

I had the same situation once that I recall...

The young couple I was with wanted to read every line of every document...not that they understood it better...they seemed to be interested in showing me how detail oriented they were. I gave 'em 45 minutes and then said, if we aren't finished in 15 min. I'm going to need to leave with or without completing this. They harrumphed but we got our business taken care of.

Reply by Linda_H/FL on 3/22/10 8:04am
Msg #328344

Wow....wish I could get away with a 100% markup of my invoices for unforeseen things - IMO that's just a bit excessive.

Good luck getting paid on that...

Reply by Carolyn Bodley on 3/22/10 2:42pm
Msg #328397

Re: So, if a signing is completed in under a hour, do you

revise your bill and charge them $25 to $50? That's ridiculous to increase your signing fee 100%. You are assuming that everyone refinances umpteen times and that's not true at all. There are *still* some people that buy a house, pay their monthly mortgages and refinance once, if that -- and they are simply refinancing to lower their interest rate and leaving escrow alone, paying off their house in 30 or less years.

If, over the past years, MORE people had been given a chance to read *at the table* what they were signing, we wouldn't be in the mortgage crisis that we're in now, and if they hadn't refinanced for 100% or more the value of their house once, twice and sometimes more, they wouldn't be in a position of owing more than their house is worth today.