Anyone work for NFN? - REO Property Preservation Forum
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post #1 of 26 (permalink) Old 01-10-2013, 10:48 AM Thread Starter
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Angry Anyone work for NFN?

Hey guys,

We started working for these people and I didn't know if any of you were working for them. What I have found is nothing but a mess. We have completed a large volume of inspections. The proprietary system they use is not necessarily "user friendly". After working for them for approximately 45 days I called to find out when we would begin to receive payment. Apparently they pay 2 times per month. And they were mailing our checks to another company with the same name in Massachusetts. Also, after getting this corrected they STILL mailed the check to the wrong address. We have not received payment for any of the work we have completed. And getting someone to answer questions has been like pulling teeth. I am wondering if anyone else has worked for them or has any insight on this company. Any comments are much appreciated.
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post #2 of 26 (permalink) Old 01-10-2013, 11:41 AM
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We've been doing jobs for them for almost three months. Received our first check from them about 60 days after we completed our first jobs and it had an error (they paid us for someone else's invoice instead of our own) which we are still trying to straighten out. They are about 75 days out now on paying for a couple other jobs. Other than that they are easy enough to work with. Their system is quick and simple to use once you get the hang of it. You organize your photos how you want to in a zip file and upload them with your invoice. I'll let you know when my next payment comes in.
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post #3 of 26 (permalink) Old 01-10-2013, 05:15 PM Thread Starter
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Thanks Pres. I agree about the system when it works.

We were also signed up without any information and requirements being sent to us. After completing work for about a month I asked for the inspections manual. They realized they sent me information for preservation work, not inspections. My company only does inspections.
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post #4 of 26 (permalink) Old 01-10-2013, 05:19 PM
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We work for them. Other than slow pay they are pretty good in my opinion.

We never do inspections though.
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post #5 of 26 (permalink) Old 01-10-2013, 08:22 PM
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Thanks Pres. I agree about the system when it works.
Yeah I've definitely had the system crash on me a few times and I have to wait til the next morning to try again.
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post #6 of 26 (permalink) Old 01-10-2013, 09:54 PM
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I use to do their work,and i got paid 30 days out,they always paid-ed on time too.I had to stop because my major client's started flooding us with work,but i left on good terms tho.A week before i left they sent over 300 Chinese drywall inspections at 25 a pop,but i just didn't have the time or the people to do them.

If i remember correctly they have a 10% late discount plus the 20% already in place.But every thing was a few days late then anyway so we just ate it.
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post #7 of 26 (permalink) Old 01-10-2013, 10:05 PM
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Quote:
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I use to do their work,and i got paid 30 days out,they always paid-ed on time too.I had to stop because my major client's started flooding us with work,but i left on good terms tho.A week before i left they sent over 300 Chinese drywall inspections at 25 a pop,but i just didn't have the time or the people to do them.

If i remember correctly they have a 10% late discount plus the 20% already in place.But every thing was a few days late then anyway so we just ate it.
Probably a good thing since the Chinese Drywall Inspectors are being sued all over the place AND some of my friends are getting rich doing real inspections (certified hygentist types) to document unlicensed inspections for the law firms that are doing the sueing. $810.00 per inspection and testing. Versus the $25.00 inspection... Great profit margin to pay the lawsuits since most of these "so called" inspectors don't have Pollution Liablity with Testing Endorsement so they are "eating it". Life over.
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post #8 of 26 (permalink) Old 12-13-2016, 07:59 PM
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Quote:
Originally Posted by zuse View Post
i use to do their work,and i got paid 30 days out,they always paid-ed on time too.i had to stop because my major client's started flooding us with work,but i left on good terms tho.a week before i left they sent over 300 chinese drywall inspections at 25 a pop,but i just didn't have the time or the people to do them.

If i remember correctly they have a 10% late discount plus the 20% already in place.but every thing was a few days late then anyway so we just ate it.
**** late inspections are no pay at all !!!!*****
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post #9 of 26 (permalink) Old 12-14-2016, 08:26 AM
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From what I hear from other vendors out there the whole program is pretty much no pay at all.
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post #10 of 26 (permalink) Old 12-15-2016, 10:48 AM
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I have been hearing this a lot. As I was previously employed by NFN, I have a little bit of knowledge. When I was there (around 2013-2015), there were a lot of issues coming from everywhere about money not being paid. As I was in field tech support, and not accounting, I brought these issues up with my manager, who always assured me that NFN was caught up on all payments, and for the contractor to send a reconciliation. The contractors who did send reconciliations normally had legitimate arguments, and would end up receiving a check in the following days/weeks, as long as they were willing to take the time to type up a full reconciliation. As to where the payment issues originated, I cannot say. Hope that helps a little!
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