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Re: Les, in FL there's a Buyer's Affidavit that is signed
Posted by  Les_CO of CO on 7/29/11 2:23pm Msg #391970
As many have said most of this is really not our job, but as a NSA it’s nice to know. I really don’t plan on working as a notary in another State, and sometimes it’s very difficult to find the exact law or rule, and why or who thought it up. I know there is some regulation in Texas stating that if the borrower gets any cash out of a HELOC the signing must be done in a title company or attorney’s office? Who thought that up? Is that a RE rule, or a lending rule, insurance rule, or a UPL rule? I’ve (in the past) done many signings for Hilton on FL properties and don’t recall seeing a buyers affidavit, but the buyers we here, and not in FL, and I’ve been known to forget stuff. In MD and IN the closers need a TPL. In VA if any cash (money) is involved in the transaction the persons doing the signing must be CRESPA approved? Surly these aren’t RE laws? Probably something from the insurance regulators or consumer protection, or who knows.
As the OP asked I don’t think in these circumstances (property out of State, buyer signing a few docs) that an attorney need be involved…but as others have said it’s Titles call not ours. JMO
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Messages in this Thread
 South Carolina Closing -  JamesLee/VA on 7/28/11 7:29pm
 Re: South Carolina Closing -  Les_CO on 7/28/11 9:27pm
 Re: South Carolina Closing -  MW/VA on 7/28/11 10:04pm
 Here is information Paul posted about this elsewhere -  Linda_H/FL on 7/29/11 9:25am
 Re: Here is information Paul posted about this elsewhere -  jba/fl on 7/29/11 10:07am
 Not sure if this impacts just SC property or all -  Linda_H/FL on 7/29/11 10:09am
 Re: Not sure if this impacts just SC property or all -  jba/fl on 7/29/11 10:21am
 I agree...any smart buyer should have an attorney -  Linda_H/FL on 7/29/11 10:23am
 Re: I agree...any smart buyer should have an attorney -  Les_CO on 7/29/11 11:28am
 Re: I agree...any smart buyer should have an attorney -  jba/fl on 7/29/11 11:38am
 Re: I agree...any smart buyer should have an attorney -  Les_CO on 7/29/11 12:03pm
 Les, in FL there's a Buyer's Affidavit that is signed n/m -  Linda_H/FL on 7/29/11 11:50am
 Re: Les, in FL there's a Buyer's Affidavit that is signed -  jba/fl on 7/29/11 11:54am
 Re: Les, in FL there's a Buyer's Affidavit that is signed -  Les_CO on 7/29/11 12:04pm
 Re: Les, in FL there's a Buyer's Affidavit that is signed -  jba/fl on 7/29/11 12:14pm
 Re: Les, in FL there's a Buyer's Affidavit that is signed -  Les_CO on 7/29/11 2:23pm
 Than You Everyone for Your Input -  JamesLee/VA on 7/29/11 7:38pm
 Re: Than You Everyone for Your Input -  Linda_H/FL on 7/29/11 9:00pm
 Forgot...in SC...":) n/m -  Linda_H/FL on 7/29/11 9:01pm



 
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