Posted by sn/oh on 1/26/07 3:50pm
Msg #172737

Am I understanding right?????

I have a Countrywide Full Spectrum to do and in the list of 23 closing instruction pages they are asking me to print some document in legal size and some in letter!! I am already being underpaid. Is that really necessary?

Reply by Roger_OH on 1/26/07 4:13pm
Msg #172739

I always print them all on legal size- never had a problem. Also, you don't have to print a copy of the closing instructions for the borrower's copy.

Reply by Sharon Nunley on 1/26/07 4:16pm
Msg #172741

Thanks Rodger, I feel better. Appreciate your response.

Sharon

Reply by ericashaw on 1/26/07 4:20pm
Msg #172742

some lenders don't like that

A lot of times at least in Missouri you at least need to print the deed on letter. If you are going to do this seriously you need a two tray printer anyway. JMHO

Reply by Lee/AR on 1/26/07 4:56pm
Msg #172748

Re: some lenders don't like that

A scissors solves that problem if you're careful and don't have a paper-cutter.

Reply by Roger_OH on 1/26/07 5:06pm
Msg #172751

Understand, Erica...

and if there IS a SPECIFIC request for letter/legal, I will accommodate it. But I've been doing this a long time, and have never had a problem printing all legal, as have a number of others on the board.

Reply by SueW/Tn on 1/26/07 10:12pm
Msg #172789

Re: some lenders don't like that

not necessairly so. I used a single tray baby HP laser for over 16 months before graduating to the love of my life, Mr. HP 2430tn. I ran everything on legal paper and never received the first complaint. All the while I was "doing this seriously".

Reply by Becca_FL on 1/26/07 11:23pm
Msg #172802

Ditto, Sue. I'm in love w/ my Mac Daddy 2430tn too.

Don't you wonder how you ever got by w/o it?

FYI - I still print all legal when printing "on the run" and have never had a problem. I 've been serious since 2/03.

Reply by Terri_CA on 1/26/07 5:28pm
Msg #172756

Those closing instructions are for the Escrow/Title not you the notary. IF you have a 2-tray printer, print using both sizes. Otherwise, print all docs on legal size.

Terri
Lancaster, CA

Reply by Blueink_CA on 1/26/07 6:06pm
Msg #172763

Printing from dynamicdox-FWIW

When I print from the d-dox website using the "print" option, it prints on all legal. If I choose 'view package' and print from there, it recognizes my dual trays and prints accordingly. Maybe everyone already knows this, (or it's just my printer) but I just figured it out recently.

Reply by Les_CO on 1/26/07 6:08pm
Msg #172764

In Colorado the recording costs are different (more $ per page) for legal than letter. When recording a million pages it makes a difference.

Reply by Sharon Nunley on 1/26/07 9:58pm
Msg #172785

Re: printing from dynamicdox

What website is this? Where can I get a printer like yours? I looked for a two tray tonite and
the stores that I visited did not carry them.

Reply by Les_CO on 1/26/07 10:12pm
Msg #172790

Re: printing from dynamicdox-sharon

I would recommend the HP 1320 tn. Not to big, not to small, just right. Dynamicdox is used by many title companies to "post" their docs. If they give you a job, they will give you a link.

Reply by Sharon Nunley on 1/26/07 10:16pm
Msg #172792

Thanx! n/m

Reply by Dorothy_MI on 1/27/07 9:03am
Msg #172843

Re: printing from dynamicdox

Sharon, I bought an HP 1320tn (dual tray) on E-bay for $400 (plus shipping). Shortly after that I was speaking to Andy from this board and he had an off lease HP4100 (dual tray) that I got for $450 including shipping. The 1320 prints at about 22 pages per minute and the 4100 prints at 29 pages per minute. I have them both hooked up and when I get in docs, send one set to the 1320 to be printed and as soon as it has spooled, send another set to the 4100. They are both done when the 1320 is finished. Really speeds up the print time.

Reply by Marsha Risch on 1/26/07 10:42pm
Msg #172798

Countrywide loans are the worst ones to close. I learned to always ask who the lender is because if it is Countrywide I charge extra for all the extra faxing and stuff you have to do.

Reply by Dorothy_MI on 1/27/07 9:08am
Msg #172845

Big difference between Countrywide

and Countrywide Full Spectrum. Have never had to fax back more than one or two pages for Countrywide nor split packages nor copy anything. Not Full Spectrum is another story. Usually when they call for the job they will say, "I have a Countrywide Full Spectrum" if it is a Full Spectrum (and yes, they carry an additional fee).

Reply by CaliNotary on 1/27/07 12:17am
Msg #172805

Maybe if you didn't take the time to read 23 pages of closing instructions you wouldn't feel quite so underpaid. Efficiency is the key to success.

And if you agreed to the fee that they're paying you, you're not being underpaid. Nobody forces us to say yes, we choose to say yes.

Reply by Mark/SanJose on 1/27/07 5:44am
Msg #172817

Don't Know You, But Like You

The signing process is, as I tell the signors, a "tip of the iceburg" process, hitting on the important items directly, but skimming, the "Junk Docs".

If properly presented, Borrowers "Love!" skipping the 23 pages of Closing Instructions. I flip them by the hand full, as I do the Deed of Trust (if initials are not required).

The signing appointment is supposed to be a comforting process of "Standard Proceedure" simply resolving what they already know, mostly. Not a drudging through the bowels of their deal. You are not their attorney or the LO. If the LO is present I request they have their discussion after we are complete, or they have to buy me a sandwich and drink. By the time they are back, with the sandwich, the signing is complete, I take the sandwich, say thank you and am gone.

We are there to SIGN, not READ!

Mark

Reply by thnotary_NY on 1/27/07 8:43am
Msg #172839

Re: Don't Know You, But Like You

Do you think mistakes can not be made.? Do you think all TCs, Lenders are made equal/honest.? Would you not want to check the figures on your loan to see that what was agreed to is still there, as agreed, and that a Balloon has not been added.?

Reply by hcampersFL on 1/27/07 8:49am
Msg #172840

Re: Don't Know You, But Like You

He didn't say he skipped the Note. The 3 right of recission is in place for the BR's to have plenty of time to check the figures completely. I cover the HUD, the RTC, the Note and then a brief explanation of each doc as we go. Those 23 page of TITLE company instructions are pulled and skipped by as they don't relate to the BR's.

Hey Mark I like you too!

Reply by thnotary_NY on 1/27/07 4:41pm
Msg #172896

Re: Don't Know You, But Like You

I used the Balloon only as a *for instance* type of thing, didn't mean to imply that he skipped anything.

Reply by MikeC/NY on 1/27/07 9:05pm
Msg #172916

Re: Don't Know You, But Like You

"Those 23 page of TITLE company instructions are pulled and skipped by as they don't relate to the BR's"

I've had two packages in the past month where the BO was required to sign a couple of pages of the Closing Instructions; there were several others where the requirement to sign ONLY in blue ink was in the Closing Instructions but not mentioned in my confirmation.

I think you should at least skim through the closing instructions to make sure you're not missing anything. You don't have to read every word, but a quick scan for signature lines or signing requirements could save a lot of heartburn later on...