Posted by Ali/IL on 8/4/10 3:40pm
Msg #347582
Witness question
A little confused by this. I have a closing property is in Florida borrower in Illinois.They are saying that because Florida requires one witness that I need to also sign as witness.
I have never had this requirement before. Except when the lender required it. This is a cash purchase.
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Reply by Ilene C. Seidel on 8/4/10 3:45pm
Msg #347584
Hey Linda are you on?
Florida requirement on purchase is two witnesses. And you can sign as witness as well as notary. If the company is saying you only need one witness then do as they ask.
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Reply by Linda Juenger on 8/4/10 4:34pm
Msg #347592
Re: Hey Linda are you on?
I actually have only signed 1 FL property. Lender required 2 witness and I could be one of them. Not required in IL, but that's what lender wanted, so that's what we did. Borrower provided the other witness.
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Reply by jba/fl on 8/4/10 4:06pm
Msg #347587
Sounds to me like the lender wants the witness. Witnesses are not required on mortgages, only on deeds, which will require 2 witnesses, names and addresses printed below signature line.
Many times on purchases lenders require witnesses on mortgages. The notary may be a witness.
For further amplification, Msg. #95887 wherein PAW cites statutes, etc.
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Reply by jba/fl on 8/4/10 4:19pm
Msg #347590
Re: Witness question, also for other states:
http://www.pawnotary.com/kb/2-4.html
Wealth of information on PAW's site. This visit will give you a view of many states's requirements. Be sure to notice the NOTE section at the bottom; there is a variation for one county in FL which I forgot about until this re-visiting. Dixie County requires 2 witnesses on deeds and mortgages. Perhaps that is why some lenders issue blanket instructions for witnesses in FL.
Disclaimer:
I don't know, I have no great authority or powers, but I sure can research when I need to know.
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Reply by Cari on 8/4/10 6:16pm
Msg #347609
you can sign as one witness, and the bo will have to provide the other....
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Reply by MistarellaFL on 8/5/10 12:14am
Msg #347648
FL deeds of conveyance require 2 witnesses
and one may be the notary.
(grant deed, warranty deed, quit claim deed are the most common)
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Reply by trnsa_IL on 8/4/10 10:00pm
Msg #347626
What document do they need a witness on?
If this is a cash purchase there will not be a mortgage and the sellers sign the deed. I am curious what document they need for you to witness. I just did a cash purchase for Florida on Monday and did not sign as a witness on any of the documents, but there was an instruction page to do so on the mortgage in case there was one.
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Reply by Ali/IL on 8/4/10 10:07pm
Msg #347630
Re: What document do they need a witness on?
It is a cash purchase asking for one witness if there was a lender involved then there would be two needed.
I have not seen the docs. My last email to the signing service was why do I need a witness for?And, on what document.
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Reply by Ali/IL on 8/4/10 10:33pm
Msg #347637
Re: What document do they need a witness on?
They just emailed saying they got the files mixed up.
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Reply by Jack/AL on 8/5/10 9:48am
Msg #347699
Since it is a cash purchase, there is no borower. n/m
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Reply by Jack/AL on 8/5/10 9:49am
Msg #347700
Neither a borower (sp) or borrower n/m
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Reply by jba/fl on 8/5/10 10:18am
Msg #347724
Re: Neither a borower (sp) or borrower
As long as you are going to self-correct remember either/or and neither/NOR
LOL
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