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"We pay Quarterly"...
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"We pay Quarterly"...
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Posted by ct on 4/14/11 7:07am
Msg #379715

"We pay Quarterly"...

Just a heads up to anyone working for Title logic Inc....they pay quarterly...Wish I could do that!!

Reply by jba/fl on 4/14/11 7:11am
Msg #379716

NREIS appears to have taken their lead.... n/m

Reply by Linda_H/FL on 4/14/11 7:29am
Msg #379717

And they have notaries agreeing to that payment plan?

Guess my next question is...WHY??? Geez, how dare all my providers bill monthly and expect checks monthly...

Reply by Teresa Rowe on 4/14/11 7:34am
Msg #379718

Re: Let's give that pymt plan to our mortgage companies!!!

how long would they let us stay in our home? While we're at it call your car loan company too.

Reply by Barbara Taylor on 4/14/11 7:36am
Msg #379719

Re: Let's give that pymt plan to our mortgage companies!!!

3 MONTHS, ?????????????????????????????

Reply by Linda_H/FL on 4/14/11 7:40am
Msg #379721

Newer company as of 2/2010...

see Msg #337897 and Msg #377198

Lower pay and already slower pay....and now quarterly??? hmmmm...wonder if their business plan has failed...


Reply by ct on 4/14/11 7:46am
Msg #379723

I know its slow out there but I definitely wont be taking work from a quarterly payer...even if they pay on time...LOL...

Reply by James Dawson on 4/14/11 9:07am
Msg #379725

Anybody doing this would need a GPS to find a dump! n/m

Reply by MW/VA on 4/14/11 9:51am
Msg #379727

Totally not acceptable! :( n/m

Reply by MW/VA on 4/14/11 10:53am
Msg #379747

I did a signing for them on 2/23. There was no mention of

that on the confirmation & I would never agree to that.

Reply by Linda_H/FL on 4/14/11 11:00am
Msg #379750

I couldn't even see a signup section on their

website - possible it's their internal policy? And you'll find out when you call to find out where your check is?

Reply by Linda_H/FL on 4/14/11 9:54am
Msg #379729

Two active companies listed in FL Corp Div. - same people

This filed 3/31/2010:

Florida Profit Corporation
TITLELOGIC INC
Filing Information
Document Number P10000027965
FEI/EIN Number 271988363
Date Filed 03/31/2010
State FL
Status ACTIVE

Principal Address
124 6TH ST., S.
ST. PETERSBURG FL 33701 US
Changed 06/07/2010

Mailing Address
124 6TH ST., S.
ST. PETERSBURG FL 33701 US
Changed 06/07/2010

Registered Agent Name & Address
WOOD, ROXANNE
100 PINE NEEDLES CIRCLE
DAYTONA BEACH FL 32114 US

Officer/Director Detail
Name & Address
Title P, D
WOOD, DONALD H
124 6TH ST., S.
ST. PETERSBURG FL 33701 US

Title S
WOOD, DONALD H
124 6TH ST., S.
ST. PETERSBURG FL 33701 US

Title T
WOOD, ROXANNE
124 6TH ST., S.
ST. PETERSBURG FL 33701 US

Title D
WOOD, ROBERT E
124 6TH STREET SOUTH
ST PETERSBURG FL 33701

Annual Reports
Report Year Filed Date
2011 03/29/2011


and this filed 3/25/2011:

TITLELOGIC L.L.C.
Filing Information
Document Number L11000036779
FEI/EIN Number NONE
Date Filed 03/25/2011
State FL
Status ACTIVE
Effective Date 03/24/2011

Principal Address
124 6TH STREET SOUTH
ST. PETERSBURG FL 33701

Mailing Address
124 6TH STREET SOUTH
ST. PETERSBURG FL 33701

Registered Agent Name & Address
WOOD, ROBERT E
124 6TH STREET SOUTH
ST. PETERSBURG FL 33701

Manager/Member Detail
Name & Address
Title MGR
WOOD, ROXANNE
1410 CLOVERFIELD DRIVE
BRANDON FL 33511

Title MGRM
WOOD, DONALD H
7100 ULMERTON RD #2154
LARGO FL 33771



Reply by HisHughness on 4/14/11 10:14am
Msg #379735

I suspect you can translate that "We pay quarterly" to "We pay quirkily."

Tell them that following their practice, you return their executed documents monthly.

Reply by NJDiva on 4/14/11 10:26am
Msg #379741

Maybe that's so they can give you hundred's of $$$ in closings and THEN not pay you at all. This way it gives them at least 3 months worth of free closings. What a deal...for THEM! LOL

Reply by Les_CO on 4/14/11 10:51am
Msg #379746

It just demonstrates the kind of thought processes some in this business have. Let’s not think of fair and equitable ways we and our partner notaries can succeed and prosper in these lean times, lets instead see how much we can screw them out of. Morons! JMO

Reply by CorpJen on 4/14/11 3:34pm
Msg #379794

no wonder they pay late, because they have no idea what belongs to who in their account. Such a foolish policy. They see big balances in their account and think their wealthy, so they payn themselves handsome, and the notary is left in the dark waiting forever.

I would refuse any closing offer from them. Best policy is to pay the notary soon as the check is received, then what is left in the account belongs to the agency. Make sense?

Reply by A1CLOSER on 6/9/11 10:31am
Msg #385639

They have always paid me on time for closings but I have had to wait for payment for disclosure signings. They take some time to close and if they don't close for whatever reason it can take up to 60 days. They did disclose this to me at the time I accepted the assignment. I have been working with them for over a year now and they have always paid. I really like working with them and have never turned down an assignment...


 
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