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kimcole132
North Carolina
100 Posts |
 Posted - 10/27/2008 : 10:16:35 PM
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| Update - received 9/6 check on 10/25. |
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kimcole132
North Carolina
100 Posts |
Posted - 10/23/2008 : 10:04:55 PM
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| Update - I received payment for 8/22 signing on 10/14 and got an email that the check for 9/6 signing is on the way. |
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civey
North Carolina
76 Posts |
Posted - 10/23/2008 : 2:02:01 PM
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quote:
Originally posted by kimcole132
If you got paid in 10 days you were lucky. I was told payment in 30 days. I am still waiting on payment for signing (RESPA Docs) completed 8/22 and 9/6.
I just wanted to point out this is a big problem with RESPA signings. I don't know if most signing agents realize that these are high risk when it comes to receiving payment. The people who are signing these documents may never even be approved. IMHO it is in our best interest to require these documents to come to us overnighted with payment. If you think about it a lot of RESPA's require that you collect bank statements, paystubs, etc., which means the approval has been based on information that they received from the borrower with out seeing the documentation first hand. I'm not saying that borrowers are trying to deceive, but the example I would use is the borrower tells the LO they have $10,000 in their 401K, the LO uses the % allowed for that type of savings as their reserves, then they get the paperwork and they are only 50% vested, which means they only have 1/2 of that amount. This can make a huge difference and can cause the approval to fail immediately, which means no closing and no one gets a dime. It's not that the borrowers do it on purpose, they just don't know any better. |
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Daniel Woodman
10 Posts |
Posted - 10/10/2008 : 09:13:00 AM
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Don't get too comfortable with that address. I talked with Margo Wright just a few minutes ago, and she says they're closing that office TODAY. Their new address is:
999 Whitlock Ave., Suite 4
Marietta, Georgia 30064
770-423-0790
I will be doing my first closing for them tomorrow. |
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kimcole132
North Carolina
100 Posts |
Posted - 10/01/2008 : 7:36:19 PM
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www.closingsource.net
Here is the Pittsburg office - 2000 Cliff Mine Rd, Ste 440, Pittsburgh, PA 15275
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jbelmont
California
3106 Posts |
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kimcole132
North Carolina
100 Posts |
Posted - 09/17/2008 : 6:55:16 PM
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| If you got paid in 10 days you were lucky. I was told payment in 30 days. I am still waiting on payment for signing (RESPA Docs) completed 8/22 and 9/6. |
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marwells
Virginia
26 Posts |
Posted - 08/30/2008 : 5:50:31 PM
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I did one for them recently. Hab was easy to work with and I was paid within 10 days. No issues that I see.
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civey
North Carolina
76 Posts |
Posted - 08/22/2008 : 12:56:19 PM
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| Landcastle did pay me and in a timely manner. No issues with them at all. |
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crissy
Pennsylvania
19 Posts |
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civey
North Carolina
76 Posts |
Posted - 08/14/2008 : 07:31:44 AM
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| they are located in Pittsburgh, PA. Has anyone ever done anything for them? I searched this site prior to taking the job, but didn't find anything. I am getting a little nervous that they may not pay me for a job I did on the 25th of July. |
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Topic |
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LandCastle Lending Services
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