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Re: BEWARE:Notary Near You=>Won
Posted by Jean Henke of OR on 1/7/19 5:18pm Msg #601835
They are best to TREAD lightly, if they do not pay you in full for your services they are risking involving TRUTH IN LENDING and Regulation Z violations. By not paying you they are making payment part of the closing process which makes you more of a sales man. Not good for title or the lender. Opens everyone up for lawsuits. Audit Audit Audit.
You provided your services. Period. There should be ZERO benefit attached to you getting paid and the buyer/borrower signing the documents. Hence the whole point of a third party witnessing the documents.
I do not take assignments that do not guarantee payment once the papers are signed. It's one thing if it gets cancelled right before signing and you get a trip or print fee but once you have traveled there and spent time and signed the papers they need to pay for services rendered.


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Messages in this Thread
 BEWARE:Notary Near You=>Won't pay full fee if loan rescinds -  Christine/OK on 8/20/18 5:00pm
 Should have been declined on ratings alone - ananotary on 8/21/18 1:01pm
 Re: BEWARE:Notary Near You=>Won - Luckydog on 8/21/18 5:04pm
 MIS=Management Information Services, Cleveland,OH also won't -  Christine/OK on 8/22/18 7:21am
 Re: BEWARE:Notary Near You=>Won - Jean Henke on 1/7/19 5:18pm



 
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