This represents a step backward in the process. What the ad is trying to do is go back to mailaways which were common in the 1990's for refinance closing. All of the improvements to closings done by signing agents are being overlooked. First, the customer will not be signing at home unless he independently finds a notary who does mobile work. Not impossible, but a consumer is not always aware of who is out there. The quality of the signing is gone. The signers must know where to sign on each document and the notary they hire must know the documents as well. (recording requirements, ink color, document borders etc.) If the documents are mishandled, incomplete etc. the title company will need to set up a corrective signing or a re-sign. The responsibility is all on the signers and since they are the lender's customer the blame will naturally have to be assumed by the title company. Title companies did away with this mess and developed the notary signing agent business for a reason. Quality signings done in the shortest available time has a value and they are willing to pay it. |
Messages in this Thread |
| look what I found - Save Notary Charges on Closing Costs - Cari on 5/30/16 9:09am |
| anyone can sign up on that site, and I did... - Cari on 5/30/16 9:16am |
| OMG! So they're telling people to save money by cutting - MW/VA on 5/30/16 9:36am |
| yep, big slap and this was published back in 2007, I believe n/m - Cari on 5/30/16 9:55am |
| Re: look what I found - Save Notary Charges on Closing Costs - janCA on 5/30/16 10:12am |
| So let them send the docs directly to the borrowers. That - MW/VA on 5/30/16 10:22am |
| Re: So let them send the docs directly to the borrowers. That - janCA on 5/30/16 10:42am |
| Innovative...eliminates the middle man completely - Cheryl Elliott on 5/30/16 10:49am |
| Re: Innovative...eliminates the middle man completely - Cheryl Elliott on 5/31/16 9:24am |
| This seemingly dark cloud has a silver lining IMO - Cheryl Elliott on 5/30/16 10:31am |
| Re: This seemingly dark cloud has a silver lining IMO - NVLSlady/VA on 5/30/16 11:06am |
| (supposed "convenience" in the form of quickie platforms) n/m - NVLSlady/VA on 5/30/16 11:09am |
| "The more experienced the notary, the smoother the closing. - Cari on 5/30/16 11:04am |
| I do have smooth closings & we rarely have to call the LO. n/m - MW/VA on 5/30/16 3:53pm |
| IMO, that's the fallacy with the quote in the OP. - JanetK_CA on 5/30/16 8:19pm |
| $$$ GNW $$$ - LKT/CA on 5/30/16 11:06am |
| CA is very lucky to charge $10 a pop...I'd be happy too! n/m - Cari on 5/30/16 11:23am |
| Re: CA is very lucky to charge $10 a pop...I - pdl/cali on 5/30/16 1:03pm |
| FL is $10.00 each signature as well n/m - Luckydog on 5/30/16 2:17pm |
| Incorrect: FL is $10 each Notarization n/m - Teresa/FL on 5/30/16 2:30pm |
| Yep...$10/notarial act - not $10/signature notarized n/m - Linda_H/FL on 5/31/16 8:30am |
| $10.00 ea. notarized signature not document in FL - Luckydog on 5/31/16 11:19am |
| FL Statute Chapter 117 - Linda_H/FL on 5/31/16 12:33pm |
| BTW...your quoted source states... - Linda_H/FL on 5/31/16 12:40pm |
| BTW...your quoted source states... - Linda_H/FL on 5/31/16 12:40pm |
| Apologies for the double post n/m - Linda_H/FL on 5/31/16 12:44pm |
| Re: $$$ GNW $$$~and we're getting a bonus with rai$e to $15 - Cheryl Elliott on 5/30/16 1:02pm |
| Re: $$$ GNW $$$ CT: $5.00 per notarization. Not a winner. n/m - Ernest__CT on 5/30/16 4:08pm |
| $ GNW $ IL $3 per notarization, no win here either :( n/m - Cari on 5/30/16 6:48pm |
| CA, do charge a travel fee in addition to GN fee? n/m - Cari on 5/30/16 6:49pm |
| Absolutely, unless lots & lots of signatures & close by. n/m - JanetK_CA on 5/30/16 8:24pm |
| Re: Absolutely, unless lots & lots of signatures & close by. - janCA on 5/31/16 9:08am |
| Yes. You CAN get $ per SIGNATURE but is it Necessary? STTA n/m - NVLSlady/VA on 5/31/16 9:53am |
| Re: Yes. You CAN get $ per SIGNATURE but is it Necessary? STTA - janCA on 5/31/16 10:14am |
| Notarial Act - ayla/FL on 5/31/16 12:52pm |
| That's right...each act, each stamp, each cert... - Linda_H/FL on 5/31/16 1:19pm |
| Re: Notarial Act - NVLSlady/VA on 5/31/16 4:03pm |
| Re: look what I found - Save Notary Charges on Closing Costs - jnew on 5/31/16 12:53pm |