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[+] Elections Website Exposed Over 1 Million Voters to Identity Theft and Voter Fraud - David Bloys/TX (3 replies)
10/25/2006 11:51:35 PM (3168 views)

[+] 10 Tips on Hiring Your Clients - Jan Forster/NC (2 replies)
10/23/2006 2:22:26 AM (3590 views)

[+] Title Camp - Sara Leamon/NC (12 replies)
10/22/2006 8:33:25 PM (2657 views)

Title Camp - Wendi See/SC
10/22/2006 7:24:52 PM (1935 views)

[+] First American - Danielle Nelson/WI (5 replies)
10/20/2006 5:14:37 PM (2741 views)




Title Camp Reminder - Robert Franco/OH
10/20/2006 4:19:45 PM (2888 views)

[-] Follow-up on Absolute Property, Question - Mike/KS (11 replies)
10/20/2006 1:37:42 PM (2656 views)
Re: Follow-up on Absolute Property, Question - Robert Franco/OH
10/20/2006 1:53:23 PM (3213 views)

Hi Mike,

I don't know much about Absolute.  However, if they are in NY, they may still be having trouble with their electricity and phones from their storm.  I haven't heard yet whether everyone has been restored, but that might be part of the problem.

As for adding a penalty/late fee - I have my doubts that would actually work.  It is a good idea, but the problem is if you can't get them to pay the normal bill can you get them to pay a penalty?  I have always had trouble getting some of these clients to pay their full bill as it is.  Many just ignore copy charges, or additional charges when for multiple chains of title, or when the 2 owner turns into a full search.  I don't think they would actually pay a penalty.

The problem with these companies that "eventually" pay is that when they "eventually" go under - or decide to not pay you, you lose much more than just one month of revenue.  You may get stuck with 3 months or more by the time you realize that they have no intention of paying you.

That is why we have a strict NET30 policy and if the check does not arrive within 45 days, we suspend all further service until the invoice is paid.  We allow the extra 15 days for delays in the postal service... that happens.  I used to fall for the excuses and extend service, until I got burned once.  I realized that I would have rather have cut them off earlier and risked losing their business as opposed to getting in so deep.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Follow-up on Absolute Property, Question - Angelica Schneider/IN
10/20/2006 2:17:18 PM (3182 views)
Re: Follow-up on Absolute Property, Question - Michael Toebe/KS
10/20/2006 6:17:42 PM (3139 views)
Re: Follow-up on Absolute Property, Question - Wanda Steudel/OH
10/20/2006 7:21:11 PM (3240 views)
Re: Follow-up on Absolute Property, Question - Kurt deVries/FL
10/21/2006 8:27:32 PM (3242 views)
Re: Follow-up on Absolute Property, Question - Scott Perry/PA
10/21/2006 11:29:48 PM (3025 views)
Re: Follow-up on Absolute Property, Question - Mike/KS
10/22/2006 4:44:58 PM (3007 views)
Re: Follow-up on Absolute Property, Question - Sandra Morton/KS
10/23/2006 11:06:22 AM (3098 views)
Re: Follow-up on Absolute Property, Question - Scott Perry/PA
10/23/2006 3:00:25 PM (2984 views)
Re: Follow-up on Absolute Property, Question - Sandra Morton/KS
10/23/2006 11:08:45 AM (3014 views)
Re: Follow-up on Absolute Property, Question - Michael Toebe/KS
10/23/2006 4:22:03 PM (3116 views)

[+] Question?? - Wanda Steudel/OH (2 replies)
10/18/2006 5:57:41 PM (2550 views)

[+] Abstractors beware - Examnet - JOSEPH MARTINEZ/NM (16 replies)
10/18/2006 11:35:26 AM (3039 views)

[+] RESPA question - George Booth/TX (13 replies)
10/18/2006 11:21:55 AM (2512 views)

[+] Wendi See - Kevin Ahern/CT (3 replies)
10/18/2006 10:07:13 AM (2478 views)

[+] Signing Agent Certification - Kevin Ahern/CT (7 replies)
10/18/2006 6:03:56 AM (2285 views)

[+] Theft of Indices - Helene /GA (1 reply)
10/17/2006 10:47:38 PM (2259 views)

[+] Sue happy Examnet - JOSEPH MARTINEZ/NM (6 replies)
10/17/2006 5:16:19 PM (2463 views)

[+] Kurt- can't send you email! - SHARON YAHRAES/ID (2 replies)
10/17/2006 4:33:44 PM (3371 views)


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