Tuesday, August 07, 2007

Wiggle room left the building last week.

Do you take checks from attorneys or title companies that are not cashiers checks?

If the answer to that question is yes, then you must reconsider. Anybody with a pulse on the current climate has discontinued taking risks.

A title agent who takes a check from another company does so with no guarantee that the money is truly available.

I can think of no other time in my career when absolute adherence to good funds policies is necessary. Wiggle room left the building last week.

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