Posted by KJ/IA on 8/23/07 7:57am
Msg #207170

LandAmerica OneStop Signing Service

I was contacted (for the 1st time after being a closer for 9 years) by this company yesterday for a noon signing today. I turned down their $95 fee & we agreed on a higher fee. Anyways, I got home to read the paper work. Tons of fax backs (she never said anything about that in our phone conversation). In addition, in order to get paid for this closing, I have to sign up on their website & PAY $13. I emailed this company back late last night & told them no fax backs & I would not pay any fee to close loans.

I saw the thread about this company yesterday. Is this a good company to work for? Is it worth paying the $13 fee & all the fax backs? Is this the company that is sending our title searches to India?

Reply by Eric2OO2 on 8/23/07 8:05am
Msg #207172

I have never heard of LandAm/OSS charging any type of fee to the notary. But yes - they do require some faxbacks. The one that I completed for them only requested like 9 pages of faxback.

Reply by Carol_NJ on 8/23/07 8:08am
Msg #207173

Land America was offering background checks for $13 thru Lexis Nexis a while back. This may be what the $13 fee is?

Reply by Templin on 8/23/07 8:11am
Msg #207175

I just started doing closings for them and never had to pay a $13 fee.

Reply by KJ/IA on 8/23/07 8:11am
Msg #207176

There are 10 items to fax back, including the whole copy of the signed mortgage. I close Countrywide Loans for other folks & never have to fax anything back or pay for a background check. Is this company worth the trouble?

Reply by Eric2OO2 on 8/23/07 8:14am
Msg #207178

They have a good rep of quick payment although my signing for them is at 30 days.... But like others they have been cutting fees recently.

Reply by WDMD on 8/23/07 8:18am
Msg #207180

They used to have no problem paying a little extra for Maryland closings because of the extra costs involved with licensing. Now, they do not care they just lowball.

Reply by spnotaryplus on 8/23/07 8:19am
Msg #207181

The $13 I remeber paying for was for th background check of which evryone I close loans for has accepted as proof background check. As for the fees, they usually attempt to offer between 65-95 per signing but it can be negotiated in most cases. They pay at most a week after the loan has closed. They have been good for me.

Reply by Linda_H/FL on 8/23/07 8:40am
Msg #207185

"They pay at most a week after the loan has closed"

I did one for them on 7/27 and have not been paid yet..the last one I did for them in April was paid in just under 30 days ..

In neither case did I pay them $13 to work for them..

Reply by KJ/IA on 8/23/07 9:43am
Msg #207198

Linda th$13 has to be paid or they won't pay the closing fee

That is what I was told this morning. I must pay $13 for the credit check now or I won't receive my fee. Even notaries that are already signed up with this company have to now pay the $13 or they won't get paid. She said new company policy. In the future the fee will be $60. All companies will be requiring this soon... that's what the gal told me. Is this correct? I could use some feedback.

Reply by Linda_H/FL on 8/23/07 10:02am
Msg #207203

Re: Linda th$13 has to be paid or they won't pay the closing fee

Credit check? I'm sure you mean background check as they have no business doing a credit check on anyone...

The April signing was paid without it...they never conditioned my most recent fee on payment of the $13 - now keep in mind I had a BGC done in October through NNA and since they have access to that, it could be why it wasn't requested of me. And I'm not signing up with them as I can't accept their $85 for e-doc signings.

Reply by KJ/IA on 8/23/07 10:06am
Msg #207204

Re: Linda th$13 has to be paid or they won't pay the closing fee

sorry you are correct, background check. Yah, That's probably why you don't have to pay the $13. Thanks for your imput & thanks to everyone else too.

Reply by firegirl on 8/23/07 8:30am
Msg #207183

Landamerica does a lot of volume. They also pay quickly and usually have their act together as far as not a lot of stupid instructions and getting the docs to you in a timely manner. For that I will usually settle on a somewhat lower fee (within reason). The Countrywide/Full Spectrum closings are the one that require all the fax backs I think. Is that what it was? I heard a rumor that CW/FS is going to be going out of business or at least they laid off a bunch of people. I don't know if that is true but I know that the girl I spoke to at Landamerica told me they had a ton of signings to get done and that would make sense if Full Spectrum is trying to get it all in by Aug. month end.

Reply by Todd/OH on 8/23/07 9:55am
Msg #207202

A few fax backs but no fee - -

and that could be because I gave them all my info months ago. They've been good to me.

Reply by Linda_H/FL on 8/23/07 10:06am
Msg #207205

Re: A few fax backs but no fee - -

I sent all my info to them in 10/06 - but when they contacted me in July she said they didn't have me in their system and I had to send it again. Since I can't agree to their fees I didn't send it in.

Reply by M/VA on 8/23/07 12:49pm
Msg #207245

Re: A few fax backs but no fee - -

What is the normal and customary fee for notary signings? I have done foreclosure inspections which have very high volume but don't pay a lot but the work is consistent and every month and have completed BPO's which pay around $50-$85 - you have to be a licensed real estate agent to perform these and not only visit the property but gather comparable data. Sounds like notary signing is a bit more lucrative?

Reply by Sylvia_FL on 8/23/07 12:54pm
Msg #207248

Re: A few fax backs but no fee - -

You need to read this message board on fees etc.

Reply by M/VA on 8/23/07 1:22pm
Msg #207253

Re: A few fax backs but no fee - -

where do I find that?

Reply by Sylvia_FL on 8/23/07 1:40pm
Msg #207257

The Orange Search button n/m

Reply by M/VA on 8/23/07 1:52pm
Msg #207261

Re: The Orange Search button

Ok, I tried that and the search turned up no results..I am new at this so forgive me. Is there not a range that notaries charge nationwide...say $100-125 or are we not allowed to discuss this? Thank you!!!

Reply by Sylvia_FL on 8/23/07 2:04pm
Msg #207267

Re: The Orange Search button

There really isn't a range. We are independent contractors and have to set our own fees.
And right now, if you read this board, companies are dropping the fees they pay.
You have to decide for yourself what you feel is a fair fee for your time etc.

Reply by BetsyMI on 8/23/07 2:19pm
Msg #207274

To M/VA

If you just read and read and read the posts here, you'll get a feel for what people will and will not accept for fees. You're right, no one wants to come right out and say what their fees are...as Sylvia said we are all independent contractors and we can't set your fees for you. Maybe you'll only take appointments 5 miles from your home, others may be willing to drive 100 miles. Maybe you only have one printer, others may have two or three. Maybe you'll only take overnight docs where someone else will only take edoc closings. You need to sit down and figure out what all your equipment and car costs are and what it will take to make your business profitable. Read read read...it's all here if you take the time to find it. Good luck.

Reply by Linda_H/FL on 8/23/07 1:52pm
Msg #207263

Re: LandAmerica OneStop Signing Service Update to my posts

Just got a check today for my 7/26/07 signing - so their history with me is just under 30 days.

Thank you LandAm..