Posted by Ocean Pacific Notary Services, Inc. on 10/24/08 10:28pm
Msg #268156

Texas Closings

Any texas notary - please help. I need to know when borrowers are required to close in a title/escrow office. My understanding was on HELOCS with cash to borrowers and PURCHASES. Need some clarification, please.
TIA

Reply by Lisa/Tx on 10/24/08 11:42pm
Msg #268169

Home Equity closings or HELOC's are the only types of loans that are required to close in a title co., an attorney's office or an office of the lender. This requirement only applies if the loan is on the borrower's homestead/primary residence. In other words, if it is an investment property or a second home, this does not apply. Purchases can close anywhere. I closed one today sitting in my car with the buyer.

Reply by Ocean Pacific Notary Services, Inc. on 10/25/08 2:42pm
Msg #268211

Thank you -that is what I thought, just wanted to be sure

have a wonderful month end.

Reply by Negrete on 10/26/08 7:25pm
Msg #268268

I think this applies only if the loan clses in the state of Texas Lisa. It looks as though Ocean Pacific is in Washington.

Correct if I am wrong please.

Anthony J Negrete

Reply by Linda_H/FL on 10/26/08 8:05pm
Msg #268276

Maybe she had a signing in Texas? n/m