Posted by wwjmaj on October 02, 2003 at 13:36:54:
Lyal, I like your style! My partner and I do exactly that…he is the good guy who sells, screens and runs credit but when they close, they see me and he tells them I am not only an attorney but one big P****…I tell them at closing, after carefully reviewing all paperwork and getting signatures on disclosures that I DO NOT represent them that it is all real simple- as long as they pay on OR BEFORE the due date they have a home but if they are late they WILL pay a late fee and I WILL have their home back!
So far (2 years and counting) we have had 1 late pay which was last month and it was in my office by 5:00 on the second with the late fee and a note of apology. (ALL pays are due on or BEFORE the 1st). We usually have all payments 2-3 days BEFORE the 1st!