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New Notary in North Carolina
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New Notary in North Carolina
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Posted by Chucky on 10/27/10 1:59pm
Msg #358458

New Notary in North Carolina

My plans are to become a Signing Agent in NC. After doing more research , I'm not sure how profitable this profession can be in NC. I appreciate any advice you may give! Would love to hear from North Carolina Notaries.

Found this on NNA website:

"# Nebraska
Limits the fees Notaries may charge (to the statutory maximum fees for notarial acts only). No ancillary fees, such as a courier fee, may be charged.

# Nevada
Limits the fees Notaries may charge (to the statutory maximum). These fees include an hourly travel fee based upon the time of day traveled.

# North Carolina
Limits the fees Notaries may charge (to the statutory maximum fees for notarial acts). No other ancillary fees may be charged. "

Reply by CopperheadVA on 10/27/10 2:46pm
Msg #358474

When you are working as a signing agent, you are providing services beyond notarial services. Printing the documents = $$ fee. Travel = $$ fee. Going through the entire package with the borrower, making sure you point out key terms located within their documents, making sure that every document is properly signed, dated, initialed, etc = $$ fee. The notarizations = $$ fee. Packaging the signed/notarized docs and taking them to UPS/FedEx = $$ fee.

Typically, a signing agent will quote an all-inclusive fee that includes all of the above services.

If you are hired strictly as a notary, then the only thing that comes into play are travel and the state-allowed charge per notarization. If I am hired strictly as a notary, I do not print anything and I expect the signer to have pulled out all the docs that require notarized signatures. I do not point out any key terms within those documents - I check ID and notarize signatures only, as I am not acting as a signing agent in that instance. Acting only as a notary, I charge a travel fee and $5 per notarization as allowed by my state.

Reply by MW/VA on 10/28/10 11:22am
Msg #358605

There are NSA's in NC and they charge appropriate fees. The case was up in NC courts about large amts. showing up on HUD's for "notary fees". That's how it all got started.


 
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