Posted by IL on 8/8/05 8:16pm
Msg #57729
I was just assigned to do my neighbors closing...
I got a call to do a closing in my town, so I gladly accepted it. When I printed out the email confirmation I found out it was one of my neighbors (diffrent street). Obviously, I have to call and confirm but should I give them the option to find another notary. I hate to lose the business. These people may not want me to know they are taking a second mortgage on their home and what their stated income is. Has this every happened to anyone, what did you do?
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Reply by John Charles Gober on 8/8/05 8:21pm
Msg #57731
If you are confident that you can treat their closing as if it was done in a confessional and the client is asured of that fact then go ahead and do the closing.
John 'I don't even tell my Mother' Gober
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Reply by linda/ca on 8/8/05 8:39pm
Msg #57734
Do you personally know that neighbor? If not I would not worry about it nor mention that I am their neighbor during the signing, as they may feel like an open book to you. While I have signed docs for people that live close to me; never for a friend or immediate neighbor. I have always thought that if I am ever called to do a signing for a friend or aquaintence, I would let them know, and tell them if they had a problem with that, I would contact the company and let them know the situation so they can send someone else out to their home. You would be surprsed by how many people don't care. I am personally more of a "private person", however many people are not.
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Reply by TitleGalCA on 8/8/05 9:00pm
Msg #57736
You are a professional, accepting a job. If you're not trading rosebush growing recipes everyday, then why does it matter? Who cares if they're getting a second - they may well have a very well thought out financial plan!
For me, I don't ever review their financials beforehand or during - I just explain their loan app very simply and in a cursory manner. If I happen to actually take notice of their numbers...it just doesn't really register with me because financial numbers come and go in most people's lives. I've known too many people that have had great highs and great lows in their lives for me to make judgments. Sign 'em and be grateful for the work!
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Reply by LilyMD on 8/8/05 9:05pm
Msg #57738
A while ago, I had a situation where I was asked if I would close a loan for some friends. I chose not to because they were close friends. You just say it's a neighbor. If it's not a close friend, then by all means do the loan. As TitleGal says, you are a professional. Just close the loan. Don't worry about what you'll see in the paperwork.
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Reply by Cherilyn in CO on 8/8/05 9:19pm
Msg #57747
Same thing here...
I was assigned a co-worker/friend. I asked her and she said she would feel uncomfortable with me doing it, so I called the SS and they reassigned.
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Reply by Sylvia_FL on 8/8/05 9:26pm
Msg #57748
A few years ago I did a signing for a lady that was about 10 houses from me. Last week I did one for a couple that was higher up the street. I did not know them personally, so had no problems. When I called to confirm the signing and they asked if I needed directions I just said "No, I live just down the street from you in the 2 story house" - they didn't raise any objections.
I did get a call once to do a signing in another city. When I got the confirmation it was for someone I knew - it was a friend of my best friend, and I had been to her house several times with my friend. So, when I called to confirm the signing I asked her would she rather someone else come out. She had no problems with me coming out at all.
And the signing was a breeze, and we socialized after (I had no other signings that day).
I almost felt guilty getting paid for doing that one 
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Reply by IL on 8/8/05 10:22pm
Msg #57761
my neighbors
Yes, I know these people. We have kids the same age in school together. I called the wife and she said she does not think it will be a problem. I told her I do these all the time and I don't even pay attention to the numbers anymore. I will treat this closing like every other closing, with a professional attitude. I am grateful for the job so close to my home.
Thanks to all for your advise.
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Reply by Julie-MI on 8/8/05 11:02pm
Msg #57767
Re: my neighbors
When these come up, when the borrowers kids know my kids or I know the mom from PTO, but don't really know her, I give these to my brother as this is a bit too close for comfort if the tables was turned. I wouldn't want them closing my loan or knowing my portfolio.
You called, you asked they said no problem. That's all you can really do.
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Reply by Lee/AR on 8/8/05 11:14pm
Msg #57770
Only negative here~~
I had a call to do a signing for the kids of a friend... they didn't want me to come. Guess they thought I might tell Mom. Nevertheless, I agree with everyone else. If they don't have a problem--you don't have a problem.
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Reply by JanetK/CA on 8/8/05 11:07pm
Msg #57768
Reminds me of one I did a couple of weeks ago. I didn't know her name, but the wife recognized me from some volunteer work we do together. I didn't recognize her until she said "Don't I know you from somewhere?" After we finished the signing, her husband left to pick-up their kids and we ended up chatting by my car for an hour - long after the husband and kids returned. ;>) (Good thing it was my last appointment for the evening, too!)
I've also signed a close-by neighbor I didn't know, an acquaintance from another organization (who was fine with it) and several members of a networking organization I belong to who asked me to do their signings. I think most people won't have a problem with it if they perceive you as a professional. But I like the idea of giving them an out, in case they do feel uncomfortable about it for some reason.
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Reply by newlysmomva on 8/9/05 7:59am
Msg #57796
If you didn't do work for people you know where I live, you would have no work.
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Reply by sue on 8/9/05 3:41am
Msg #57788
If you don't make it a big deal it won't be a big deal. They deal w/the local bank, insurance company, the accountant & lawyer's office, local credit bureau, local department store when giving info to the 16 year old girl to receive 25% off that day's purchase, etc. All these places have lots of employees that can 'see' financial info and it doesn't bother anyone. I personally would never have mentioned to them that I don't pay attention to the numbers - #1 is makes you sound like you're not doing your job (although I also don't pay attention to the numbers it doesn't sound professional saying it that way) and #2 it brings right to their thought process that you'll have access to their info (unless pointed out, that won't ring bells for a lot of people that I've met).
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Reply by christiSocal on 8/9/05 3:52am
Msg #57790
I've done several for people I know
including a couple from my church, a teacher at my kids school, and one who's kid grew up with 1 of mine.
Never a problem, but I did ask if they would prefer someone else, no one did and one even asked their LO for me when they redid their docs a second time! (they did sign the frist time but had numbers changed)
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Reply by TinaG_CA on 8/9/05 8:18am
Msg #57800
Re: I've done several for people I know
I've had friends request me for their signings. They were more comfortable having me, someone they know, in their home rather than a stranger.
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Reply by TinaG_CA on 8/9/05 8:20am
Msg #57801
Also did my mail carrier, who lives down the street!!!
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Reply by IL on 8/9/05 8:35am
Msg #57805
I did not tell them 'I do not pay attention to the numbers'. I told this site that, of course I make sure everything is accurate. I will present their numbers to them in a professional manner. It is a little close to home but I gave them the chance to opt out and they did not.
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Reply by Blueink_CA on 8/9/05 11:00am
Msg #57826
Recently had a signing 5 houses away. Didn't know the people. Decided to drive, didn't want them to see me walking up and thinking I just got off a bus!
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Reply by DonnaV/nocal on 8/9/05 11:22am
Msg #57829
LOL.. good one...
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