NACHI Factoring: Instant cash when you do an inspection.

[jmichalski]

In the case where you get paid at closing, specifically in the transaction you desctibe because of the tax implications, I could understand the usefulness of this.

As a method of payment on a general basis, I can only see it being better than accepting credit cards (via any method) in a complete emergency and total breakdown of all other processes. Good planning and communication prevents the need for last minute financial problems.

[ekartal5]

I wasn't trying to be overly blunt when I said 'no money-no inspection'.
Yes that kind of philosophy can cost an inspector some work. I work on C.O.D. which is my personal business decision. I process credit cards on my cell phone for the "absentees" and the fee is almost nothing.

Erol Kartal
ProInspect

[jmichalski]

That's what I was getting at, Erol. Well said.