Posted by K_CA on 10/11/06 4:29pm
Msg #151803

Nasco Nonsense

I just received an e-mail from someone @ Nasco regarding a signing I did for them a few days ago. It seems Mr signed with his middle initial, and it was not on the signature line that way. They told me I should check the docs more carefully or next time my fee will be reduced! Are they crazy?? I told them it was ok to oversign, not undersign. They said I should not have let them sign that way there was no name affidavit. What is wrong with people? Crazy all of them!!!

Reply by Ndwa on 10/11/06 4:38pm
Msg #151807

Over and under signed are forgivable on escrows and junk docs, but never on lender's docs. I learned the hard ways too.

Reply by Charles_Ca on 10/11/06 4:40pm
Msg #151809

Re: Nasco Nonsense - The problem is that it takes nothing

to be a signing service or to run one, there is no education requirement, no bonding, no licensing nothing. That is why they come and go and don't care (a lot of them anyway) and screw up and it's no skin off their nose.

Reply by ananotary on 10/11/06 5:40pm
Msg #151825

They were bought by LandAmerica and now theywant to pay

$55 for a HELOC and CLIP. The clip includes the e=doc fee and the HELOC will add $10 for e-docs. We are supposed to send in a form that indicates what area we are willing to service for that fee. No thank you. My time is more valuable than that.

Reply by Kerri Josslin-Falk on 10/11/06 7:39pm
Msg #151852

Re: They were bought by LandAmerica and now theywant to pay

I am still doing them for my regular fee. I have not gotten anything from them saying they were sold to LandAmerica, and their fees are changing. I will not be lowering my fees for them, what with all the extra Deeds we have to print and notarize, and their fax backs. I still do quite a bit of work for them, but not for less!

Reply by CaliNotary on 10/11/06 7:40pm
Msg #151853

The value of time

A NASCO clip takes about 10 minutes to sign. A NASCO HELOC takes 15-20 minutes to sign. It takes about 5 minutes to print out the docs, which are usually sent days in advance of the signing.

Yes, it sucks that they reduced their fees as drastically as they did. But the fact remains, these are easy easy signings from a company that sends out checks weekly. The new fee structure definitely reduced the area that I'm willing to cover for NASCO, and they can definitely be nitpicky about the way the docs are signed, but I sure as heck haven't kissed them off yet.

If you'd take $130 for an edoc signing that would take about 2 hours (including travel time), why not take $65 for something that you can do in an hour or less? I did one this morning, left the house, did the signing, got home, total time 45 minutes. To me these signings are nothing but easy money.

Reply by BrendaTx on 10/11/06 7:45pm
Msg #151856

Re: The value of time

Cali, your logic is good. I don't see a problem with that type of signing for $65. It's too bad that NASCO continues to forget that there's no such animal in Texas. Every single one I have done for them is 150 pages, x 2, plus it has to be signed in certain places. Then, split the package. They still want to offer those same fees in Texas as they do in California. It's maddening.

Reply by JBarnes_NY on 10/11/06 9:24pm
Msg #151865

Re: The value of time

I used to do TONS of clips for them, they were great for the 65 bucks, they take 10 mins. at most, I have been calling them wondering where they have been, maybe they don't do so many in Western NY anymore, but I loved 'em

Reply by Joan Bergstrom on 10/11/06 10:05pm
Msg #151878

Re: The value of time

I love working for them!

The loan signings don't take much time and I am usually back at the office (my home) in a little over 1/2 hour. I don't usually go any further than the cities Riverside or Moreno Valley to do these.

The 2 I have on Friday afternoon in Riverside are already printed and the one I have Monday morning in Riverside hit my email address this afternoon and I just need to print it.

As Brenda said: Texas is another story!!

Reply by MelissaCT on 10/12/06 10:46am
Msg #151949

Re: Everything's bigger in Texas n/m