Thanks for including in this thread. I am marking topic for reference.
I also didn't see the issue in the "flip" scenario presented (OP) - until both mortgages show up in the package, and inconsistent. Don't think it's fair to bor OR to notary, putting him/her in a position of Advisor. At the table is not where those types of legalities should be discussed. And I would imagine this is where some of us get into "trouble." Title licensing states see this closing conundrum coming from a distance . . . it's perceived we can't be Impartial closing witnesses when confronted with these scenarios.
Still, us plain witness closers should get some credit for recognizing potential issues and helping with problem-solving behind the scenes
p.s. This could make a good blog article, too! |