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Before you submit a reo reimbursement to the reo bank or asset management company, there are five items you need to double check.
1. Vendor Correct Contact Information. The vendor contact information must be correct at all times. Make sure you have accurate information such as the full and correct vendor name, complete address, phone number, and business license number.
2. W-9 Forms - A completed and accurate W-9 form is very important. It doesn't matter if you are paying the…Continue
Added by Carolyn Nelson on August 28, 2011 at 9:30am — No Comments
I've been using QuickBooks since its inception back in the 80s. In fact, as I was reorganizing my library of software programs and toys, I sorta drifted back to the beginning of my program collection such as my old versions of SuperCalc 4 and 5, MS Office DOS Version (1988 and 89 Copy), QuickBooks 1988 - 2006, Quicken Invoice DOS and Windows (initial Copies), and more. Ok, back to the topic.
I prefer the method below because it allows me to accurately track each property expense, I…Continue
Added by Carolyn Nelson on August 28, 2011 at 6:55am — No Comments
REO banks require the agent to turn on the utilities, pay the bill, and submit for reimbursement. It is very important that you keep track of each bill and submit in a timely manner to ensure that you are reimbursed by the banks. During the rush of completing your daily tasks, don't ignore the utility bills by adding it to your already filled and probably overflowing inbox. Separate your utilities and other bills by using hanging trays. Hanging trays can be added to the side of the file…Continue
Added by Carolyn Nelson on August 27, 2011 at 9:43am — No Comments
Added by Carolyn Nelson on August 27, 2011 at 9:29am — No Comments