Posted by Pamela on 3/10/06 12:39am
Msg #103774

Needing to Know!

Completed a signing this evening. On the signature line (of the Grant deed), the word "trustee" was left off. The borrower was telephoned, but will not be able to add this wording until late tomorrow (Friday) evening. The title officer wants the package to be available for pick-up by 10:00am Friday morning (so that loan will fund). Says that it is okay for me to print "trustee" next to borrower's signature. Is this correct?

Thanks!

Pam

Reply by TitleGalCA on 3/10/06 5:30am
Msg #103779

No, it's not okay

Tell the title company you'll go back to borrowers for the rest of the signature, or you'll return it to them as is. If this title officer is so unprofessional as to tell a notary to add to a signature, I'd let them take that responsibility on themselves.

Common sense should tell you not to do something like this.

Besides, why was borrower signing the deed? We're they accepting some sort of provisions (language would read "subject to" as an exhibit on the deed?

As an aside, normally, people who hold title as trustee of a trust *know* how they hold title, and if anything, are particular about signatures after they've gone to the trouble of creating a trust for themselves, paid an attorney, etc, etc.

Don't do it!

Reply by Pamela on 3/10/06 9:19am
Msg #103821

TitleGal Re: No, it's not okay

Title Gal,

Thank You!

I told the signing company that I would go back to the borrower's home this evening (the borrower will not be available until then), but was told that they needed the documents to be picked up this morning.

The loan is a refinance. The borrower is 75 years old and apparently he and the mortgage company had been going in circles for weeks, trying to close this transaction.

Also, it was not only the title officer but the signing company also said the same! The signing company suggested that I add the wording, or telephone the man's wife and ask her to add it. I said that I could not do either. Later, the signing company called again, and informed me that the title officer had gave her approval for me to add the word "trustee". The signing company also explained that the mortgage company was a major client of theirs and that they did not want to lose the account!

The signing company is also owned by a notary, who says that she has been in the business a long time, and is "more than willing to help and train new notaries. . ."

This was my first (and last) signing with this company. This was my second signing total.

Again, I Thank You!

Pam

Reply by John_NorCal on 3/10/06 10:10am
Msg #103837

Re: TitleGal Re: No, it's not okay

>>The signing company is also owned by a notary, who says that she has been in the business a long time, and is "more than willing to help and train new notaries. . ."<<

Now you have a taste of how they would "train" new notaries. Glad you stuck by your guns Pam!

Reply by Pamela on 3/10/06 11:03pm
Msg #104013

John

John,

Thank You Very Much!

I just wished that it wasn't so hard just starting out!

Have a Great Evening!

Pam

Reply by TitleGalCA on 3/10/06 11:04pm
Msg #104014

Pamela...

If it was a refi, why did your borrower need to sign a deed? I'm curious.

Reply by TitleGalCA on 3/10/06 11:07pm
Msg #104015

Wait, let me re-phrase, since it's your second signing...

How did the deed read?

Reply by TitleGalCA on 3/10/06 10:25am
Msg #103848

Welcome, Pamela...anytime. n/m