Posted by Anonymous on 4/27/06 5:31pm
Msg #116407
THE NOTE
stupid question...on the 5th page of the note there are 4 lines-one has borrs sig ...where do I sign. On any of the other lines???????
They all say (seal) at the end of the line like this..._________________________(seal)
Name:
Also, If you mess up....just draw a line and initial..right?
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Reply by Catrina Thompson on 4/27/06 5:33pm
Msg #116411
Seal does not mean "your seal" it refers to the borrowers signature. You should not be required to sign the Note.
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Reply by Korey Humphreys on 4/27/06 5:34pm
Msg #116412
The seal is equivalent to their signature.
So the note doesn't have an acknowledgment, jurat, etc. already pre-printed on it? Maybe you don't have to notarize it. Again, the seal is the same thing as signature.
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Reply by Anonymous on 4/27/06 5:42pm
Msg #116418
THANKS SO MUCH!
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Reply by BP/WV on 4/27/06 5:34pm
Msg #116414
The note is usually not notarized. You can fax it to me and I can check it out for you. 304-592-4003
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Reply by Korey Humphreys on 4/27/06 5:36pm
Msg #116415
And do you charge for this service BP? :) how's it going? n/m
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Reply by BP/WV on 4/27/06 5:38pm
Msg #116416
Re: And do you charge for this service BP? :) how's it goi
lol..no charge  Now, the question is... how much would YOU charge (squeak squeak) hehehe j/k
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Reply by Pat/IL on 4/27/06 6:05pm
Msg #116422
Re: You do not notarize the note. n/m
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Reply by hcampersFL on 4/27/06 11:04pm
Msg #116469
Re: You do not notarize the note. Wait a minute!
Sometimes the note is notarized. I have had signings that the note needed to be notarized and almost missed it. I was operating under the "assume" theory and we all know what that will get ya!
b.
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Reply by Pat/IL on 4/28/06 8:48am
Msg #116517
Re: You do not notarize the note. Wait a minute!
There I go again, violating my own rules. I rarely post on this board, or any other. My main reason for not posting is that I am loathe to post anything that may be inaccurate. Although I have 17 years experience in the title industry, my knowledge is largely confined to my home state. I once posted on this board criticizing another for so freely stating practices of a state where he/she did not reside or practice.
I thought I was safe on this one. In my entire time in the industry, I have never seen a note that was to be notarized.
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Reply by hcampersFL on 4/28/06 2:51pm
Msg #116602
Pat/IL
Don't be to hard on yourself. I've done this before, and I've be corrected. I think everyone has done this a time or two. You had good intentions and a least can admit it, when it was a mistake. I get frustrated with the ones who spout off and will never admit they were wrong.
Have a great weekend!
Beverly
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Reply by Becca_FL on 4/27/06 6:30pm
Msg #116428
Look out CA, here's your new competition. n/m
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Reply by Beth/MD on 4/27/06 6:34pm
Msg #116429
Re: Look out CA, here's your new competition. Becca
I thought the same
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Reply by Merry_CA on 4/27/06 6:40pm
Msg #116432
Re: Look out CA, here's your new competition. Becca
Me three!  He/she will be more than willing to take $50 signings.
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Reply by Sign/SealCO on 4/27/06 6:42pm
Msg #116433
Re: Forget CA.Thnks NNA,we ALL have the same new competition n/m
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Reply by DellaCa on 4/27/06 6:59pm
Msg #116437
Re: Oh My needs Loan signing 101 n/m
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Reply by NCLisa on 4/27/06 6:54pm
Msg #116436
You do not notarize the note!
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Reply by CopperheadVA on 4/27/06 8:39pm
Msg #116444
You do notarize the Note in some states - VA is one of them. But it's easy to tell they want it notarized because there is a notary block under the borrower's signature line.
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Reply by BP/WV on 4/27/06 10:25pm
Msg #116462
Yes, there are some states that do. I just did one for VA last week, and specifically remember notarizing the note. There are also other states, but I do not recall which others require it.
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Reply by hcampersFL on 4/27/06 11:07pm
Msg #116470
Okay I replied to this once already but wanted to restate. I'm in Florida and I have had loans that the note was to be notarized. Not offten but it has happened. It was a Florida property. Read your documents to check.
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Reply by SueW/Tn on 4/28/06 8:05am
Msg #116509
Excellent advice Bev.........
SA's get hammered in here daily because of "state specific" laws, we need to remember that the lenders requirements are as varied as each grain of sand. I have a lender who continually amazes me with their requirements and wouldn't I look foolish if I said "but no one else does this". They are all tightening up their requirements due to fraud and personally I think it was a good catch that anon made. That's what it's all about, paying attention to each and every doc because the moment we become less aware...that's the moment of the big boo boo.
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