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record after signing?
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record after signing?
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Posted by Anonymous on 5/18/06 9:29pm
Msg #120907

record after signing?

i got a call today by a title company who asked me to do a signing and afterwards, to record the papers to the town hall and pay up front. this is the first time i was asked to do this not sure about this, do notaries record directly after signing ? if so, usually how much does a notry get paid? any support would be appreciated .. thanks..

Reply by asigner on 5/18/06 9:40pm
Msg #120909

Re: just an thought

maybe call clerks office, to find out much it would cost to file this and that. and then decide how much to charge. be ready with how many pages etc., some might even chg a lil more for margin settings, font etc. (might wanna ask)

Reply by Sherri_NWA on 5/18/06 10:05pm
Msg #120911

Re: just a thought

I agree with asigner. When I take docs to the courthouse for my work (legal asst) or send them to another county/state, I always call the clerk's office to find out their standard fees. Most have a first pg of a document is $XX.XX and ea additional page is $XX.XX. OR, $XX.XX for the first 4 pages and each additional page for that particular document is $XX.XX. There is a standard going on from legal to letter size. I know of 3 states around us that have went to that. If you try and file legal size, or if the margins are not right, there they will ding you $25.00 extra for each document on top of the normal filing fees.

Make a list of the docs you need to record and how many pages in each. Usually the clerk will help you total the cost if you give them the title of the document and how many pages. On the Deed, will you need any Document Stamps or conveyance tax? Better find out on that one. Some states require this on or with the Deeds. Conveyance tax can be expensive.

Sherri in Arkansas



Reply by Sylvia_FL on 5/18/06 10:26pm
Msg #120915

Re: just a thought - another thought

Consider how much time you may have to wait at the courhouse to record the document.

When I do a wedding I sometimes walk the license through to be recorded after the wedding, and sometimes there is a long line which could mean over an hour wait. (Then I either go back later or just drop it in the box)

Reply by Missy_Lulu on 5/18/06 10:01pm
Msg #120910

They will possibly want you to send the stamped 'recorded' copy to them. Keep your receipts and send a copy along to show what you need reimbursed for and a trip fee to the courthouse.

Reply by Tina_MA on 5/18/06 10:33pm
Msg #120917

I would suggest that you request a check up front, made out to your local Recorder's office, in the correct amount to record the Mortgage/Deed.

I do not know how much it costs to record in your state, but here in MA it's $175.00 per Mortgage.

This company may reimburse you afterwords, or they may stiff you for the signing and the recording. It's one thing to extend credit for your services, it's another to actually pay out money on their behalf.

You'd be wise not to put yourself into that position.

Reply by Loretta Reed on 5/19/06 6:45am
Msg #120963

Every state and county are different in their recordation fees. In one county I record in, here in Maryland, it is $6.60 per $1,000 of the mortgage PLUS $40 if the deed of trust is over 9 pages long. Every county here charges differently. If MA is just charging $175 per mortgage, they definitley do not make the money that MD is bringing in. I have seen them as high as $6,000 in recordation fees here.

Reply by BrendaTx on 5/19/06 9:59am
Msg #121000

In Texas, the price of recording is quite different. I think it's something like $11 for the first page and $4 for each page thereafter. 16 pages = $76.00

Reply by Loretta Reed on 5/18/06 11:24pm
Msg #120928

I have never had a title company ask me to record a document immediately after the signing unless they send checks for recording the document with the package that was overnighted to me. Generally, these are for investment properties that do not have a right to cancel.
The title companies know what the recordation fees are for the specific county.
I do this full time and charge up to $50 for the recording, depending on whether there was a deed of transfer with the mortgage. Make sure you charge for your time.

Reply by Howie35CT on 5/19/06 6:11am
Msg #120962

I got the same call, and turned it down since I have never recorded, and did not want to waste time at the clerk's office when I had other signings to do. If you don't mind, who are you and where are you located? Email me privately if you wish...

Reply by Anonymous on 5/19/06 10:05am
Msg #121001

the thing that got me was , the ss wanted me to give them my bank info, ( a cancelled check) to deposit the monies for the recording. maybe i am just being cautious, but i feel more safe.

Reply by MistarellaFL on 5/19/06 10:09am
Msg #121005

I have done this many times

usually it is with a notice of commencement. Occasionally it is for a mortgage or deed.
The TC always overnights a check to me, made out to the county recorder's office for the amt. required. I always charge an additional $50+ for my time and mileage. It's really no big deal.
And, may I add, always been a win-win situation.

Reply by Anonymous on 5/19/06 10:21am
Msg #121008

recording fee

i would have felt more comfortable if they would have overnighted the check, well thanks for your input!!! i appreciate it!!


 
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