Posted by ManyBell_Tx on 3/9/05 11:40pm
Msg #24652

Signing at a title office

Has anyone done a signing at a title office, what is it like will the title company sit in on the signing? This will be my first one at a title company just want to know what to expect. Thanks for any info.

Reply by mysky_TX on 3/10/05 6:10am
Msg #24680

I have not done a signing at a title office, but we just sold our home and we had a signing agent there. No sweat - in fact, your job should prove to be easier because the title company folks will be in the room to answer any questions that might arise. Should go very smoothly for you. Good luck and let us know how it turns out!

Reply by ManyBell_Tx on 3/10/05 11:42pm
Msg #24877

The signing went very well, when I arrived at the title company I introduced myself and the lady at the front desk was very nice and kind offered me something to drink gave me the documents and said the borrowers would arrive soon then a lady came from the back gave me a conference room to use for the signing she said I could wait in there are up front so I went into the conference room until the borrowers showed up, during the signing no one else was there just me and the borrowers we finished the signing came out of the room no one was around and we left from there.

Reply by PAW_Fl on 3/10/05 8:11am
Msg #24697

I am frequently contracted by a couple local title companies to perform in-house "closings". (Yes, I use the term closing.) Under our agreement, I am working as a title closer for the title company, so I have more latitude in performing the closing with them than I do when sitting in someone's home. For example, Florida is a table funding state, and just about all the deals I do at the title company are new home purchases. That being said, I am authorized by the title company to act as their agent and disburse the funds at the table to the RE agent and others who may be present at the closing. In addition, I am to collect the necessary funds from the buyers. Also, if there is a problem on the HUD, it can be rectified at the table, though I personally do not do that, I get the processor to handle the necessary changes.

If everything is completed at the table, and the lender (if there is one) has provided funding, then we can "release keys" to the new home buyer. It's always a nice feeling to be able to hand over the keys to a new house. It somehow makes the process all worth while. (Of course, there have been times!!!!)

Reply by BK/FL on 3/10/05 9:02am
Msg #24711

I have done several closings at title company offfices and lenders offices. You have nothing to worry about. It is great to have a title person there to answer any questions should they arise but remember you are in charge to conduct the signing.

I have found more issues arise when the Realtors are present as they do not understand all the closing paperwork involved.

My suggestion is to always dress more professional when going to Title. Lenders or Real Estate offices as they expect you to be. It is not a home setting so do not be too casual in your converstations, keep it professional. BK/FL

Reply by Susie-UT on 3/10/05 9:58am
Msg #24723

I am curious, how much do you charge the title company for your work in their office?

Reply by PAW_Fl on 3/10/05 10:07am
Msg #24727

It depends. One signing? Standard signing fee. Multiple signings have to be calculated out. I also have a "day rate" where I'm there all day, doing what they want for one flat fee. All fees have to be negotiated and work for your area. My fees may not be applicable in UT.