Posted by aanotary on 8/5/11 12:45pm
Msg #392799

No reason for these 45-60 day payments

I was fortunate enough to have multiple signings last month where I invoiced the Title company directly without a ss in between. I forgot how swiftly they pay- in 7 days or less.

Reply by BossLadyMD on 8/5/11 3:37pm
Msg #392827

I concur :) n/m

Reply by Alz on 8/5/11 4:43pm
Msg #392832

It is a luxury that should be the norm versus the exception. n/m

Reply by JanetK_CA on 8/6/11 12:11am
Msg #392845

Absolutely - just the way it should be!

I always cringe when I hear people exclaiming about how amazing it was that a title co paid within a week. If it's a ss, then yes, that's the exception, unfortunately. But the vast majority of the title companies I've worked for pay at funding and the check arrives within a week. Like Alz said, that should be the norm. The exceptions would be the large settlement companies that offer large volume (well, once upon a time... ) and pay multiple assignments on a schedule.

It's pretty sad how our expectations have changed over time. Of course, nothing ever stays the same!