Posted by Melanie~~MS on 6/30/04 3:42pm
Msg #3735

Long Distance Closing Advice

I was just contacted for a closing tonight no time set, e-docs, one way 85-90 miles. What is an exceptable fee to charge?

Reply by Sylvia_FL on 6/30/04 5:28pm
Msg #3738

I would be turning it down!
That is a 180 mile RT, and with edocs the minimum for that signing should be $270.

If it is a signing service they are not going to be willing to pay that, if it is a title company they may pay that much (if it is a title company I would ask $300 for that distance and with edocs!)
Anything less, and it is not worth it.

Reply by CA_Notary on 6/30/04 5:59pm
Msg #3744

You need to decide what your mileage fee is and just stick to that. I use $1.25 per mile myself.

Reply by Sylvia_FL on 6/30/04 7:39pm
Msg #3761

That's what I use too:) - Plus $45 for edocs.

Works fine for me too.

Reply by EP_Virginia on 6/30/04 7:59pm
Msg #3764

What would be the average fee for edocs? Do you charge per page, or would it be a flat fee? I had a signing, where they e-mailed the documents to me and I had to print off a copy for the borrowers to sign, as well as a copy for the borrowers. I'm just wondering what is the customary charge for e-docs. TIA!!

Reply by Sylvia_FL on 6/30/04 11:41pm
Msg #3777

I charge a flat fee of $45. This includes the borrowers copies.
Some notaries charge $25 per set, so that would be $50 with the borrowers set.

You will have some companies call you and tell you that the usual charge is $25 including borrowers copies - that may be what they are willing to pay, but it is not the usual charge.

Reply by RoadRunner on 7/1/04 3:17am
Msg #3786

I don't see how anyone would sign something and not get a copy of what they just signed.

My fee for edoc is between $100-125 within 15 miles and I charge in increment of $25 depending on the appt. time and extra distance.

I did a 60 miles R/T signing Friday night for $225 from a lender.

Reply by Melanie~~MS on 7/1/04 6:44am
Msg #3792

From a LENDER, how did you get so lucky. I need that, but probably not happening until I get more experience in closing, even though I haven't had any serious problems with any signings.

Reply by EP_Virginia on 7/1/04 7:33am
Msg #3793

Thanks for your response. I always appreciate your feedback. Thanks again.