Posted by NC_Notary on 6/16/08 5:01pm
Msg #251528
Fair fee for printing docs & print fee for piggy back?
I was originally to be paid $250 for 2 sets of edocs & when I arrived borrower was not aware of money due and cancelled after trip was made. What would be a fair fee to charge for this situation? TIA
|
Reply by Lee/AR on 6/16/08 5:06pm
Msg #251529
You printed, traveled both ways. Deduct 1 hr. for a no-sign, if you're feeling generous. Tho', you probably should have given B a heads up on the money due and then you'd be getting print fees only.
|
Reply by Linda_H/FL on 6/16/08 5:44pm
Msg #251531
A piggyback - two loans - and he still owed money?? Wow.. n/m
|
Reply by GA/Atty on 6/16/08 6:41pm
Msg #251549
I usually would ask for half if borrower refuses; however,
if I don't have a specific agreement up front about being paid X amount for a no-sign, I kind of feel lucky to get anything at all. I don't feel like I can demand any specific fee under those circumstances.
|
Reply by A-1 Signing Agents, LLC on 6/16/08 7:02pm
Msg #251552
Re: I usually would ask for half if borrower refuses; however,
Quite a few times the borrower doesn't have the $$ at the table but does have info on a wire transfer. Never backed out because of that. Of course I call the TC first to make sure they are ok with it. Typically it's because I get the docs after 5, banks are closed and amt from borrower isn't known till then. Just my experience.
|
Reply by A-1 Signing Agents, LLC on 6/16/08 7:05pm
Msg #251553
my bad
misread original post. I see now the borrower wasn't aware of $$ owed.
|
Reply by Margaret_FL on 6/16/08 7:25pm
Msg #251555
I always call the borrower when I get the HUD to make sure they will have a cashiers check ready. I do not print the docs until I have spoken with them. I recently have a Reverse Mortgage where money was due. Borrower knew he had to pay something but did not know the exact amount. I called him and he was able to go to bank before I arrived.
|
Reply by CaliNotary on 6/16/08 11:48pm
Msg #251590
The same as you'd charge for a single loan, just double what you'd normally charge for printing.
|
Reply by thnotary_NY on 6/17/08 6:38am
Msg #251608
For a piggy-back, I charge the travel fee + half that (since I'm there already) and a double print fee.
|
