Posted by jba/fl on 2/25/10 12:52pm
Msg #324241

New article on why we may be slow:

Here's a sobering number: More than 11.3 million residential properties with mortgages -- about 24% of all such properties with mortgages -- were "underwater" at the end of 2009.

Of the five, Nevada was in the worst shape: 70% of home mortgages there were underwater. That was followed by Arizona, where 51% were underwater; Florida, at 48%; Michigan, 39%; and California, 35%.

Full article: http://tinyurl.com/yenqxve

The FL figures really hit me as I really didn't think it was this bad.

Reply by Notarysigner on 2/25/10 1:01pm
Msg #324242

Thanks for the article. Almost everyone know who has purchased investment property in LV is scrambling to dump it. It's sad.

Reply by panotary1 on 2/25/10 2:21pm
Msg #324248

Thanks for the article. Depressing! I followed the link to the state by state listing PDF, nearly every state is in double digits. Is anyone having luck marketing any non closing notary services like poas, wills, ect?

Reply by Kat/Fl on 2/25/10 3:03pm
Msg #324256

Thanks, great article. Kat

Reply by MW/VA on 2/25/10 7:52pm
Msg #324308

I do both loan signings & some general mobile notary work.

A good place to market your business is to nursing homes & rehab facilities. They can't have a notary on staff because it is conflict of interest. I do get calls for POA's from these facilities, but it's supplemental money for me & fills in between signings.

Reply by CopperheadVA on 2/26/10 6:19am
Msg #324338

I quit doing nursing home work because the cognizance of the

signers was always a concern. I just got tired of being in that position.