Posted by Ali/IL on 9/7/10 1:49pm Msg #351765
esignings
I have received two emails since yesterday about doing esignings. Are we quickly moving into this ? I would need an aircard and printer for this which I am not able to afford right now. Also, need to check with sos in my state to see if I would be able to do this.I see one can also print out the notary pages.
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Reply by Ilene C. Seidel on 9/7/10 1:51pm Msg #351766
Some use their cell phone to access the internet and not an aircard.
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Reply by CopperheadVA on 9/7/10 1:55pm Msg #351767
I received an email today about e-signings from a SS that does not like to pay my fee even for a regular closing, so I am not planning to go out an get equipped for e-signings just so they can lowball me. I did have an aircard from 2006 - 2008 and I couldn't wait to get out of that two year contract! Total money waster for me. I rarely get requests for e-signings so I am not planning to invest in any extras. I can always bring my laptop and a long internet cord if I absolutely have to.
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Reply by calipat on 9/7/10 1:59pm Msg #351768
I have done several this last month. Do I like them? Nope!!! I will do them anyway. Every borrower I have done an e-sign for has wireless internet. I will not buy an aircard not profitable for me at this time. You don't need a portable printer you can print the docs before just as if you were doing a regular signing. You should try one and see if you like it. I have done AMTRUST and FLAGSTAR. AMTRUST by far has my vote.
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Reply by Ali/IL on 9/7/10 2:13pm Msg #351771
Yes, those are the two that have contacted me for esignings.
I am going to try it . At first without the aircard and no printer. I will print the necessary docs from home.I don't want to spend money if I am not getting my moneys worth.
I was asked by one ss how much I would charge. I will give them a fee and see how they react.
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Reply by Grammyzoom on 9/7/10 2:32pm Msg #351772
Printing of their copies is not necessary. You only need to print the documents that require their signatures and take them to the signing and a Cd can contain a copy for the borrowers then when the esigning is complete you can save the signed online documents onto the same cd. We have done probably 75+ esignings and have always done it this way.
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Reply by MichiganAl on 9/7/10 2:45pm Msg #351773
I had an e-signing two weeks ago where the instructions were to print two complete packages of all docs. One set to borrower. For the other set, I was told to go through the e-sign and as we e-signed a doc, pull out that doc from the paper package. Instructions were to go through the entire e-sign like that, and whatever docs were left over at the end were to be paper signed. Utterly ridiculous.
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Reply by Ali/IL on 9/7/10 3:04pm Msg #351774
Do you mean print the docs that have to be signed and notarized?
and, do you charge more for esignings?
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Reply by Yoli/CA on 9/7/10 4:51pm Msg #351792
Always charge more for esignings.
Flagstar requires you print and wet-sign security instrument and and any riders thereto, RTC for each borrower, name affidavit & 2506T.
I much prefer Amtrust.
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Reply by Yoli/CA on 9/7/10 4:44pm Msg #351789
I was doing 1 every now and then. However, August, I had 7 esignings!! All Flagstar.
You don't need an additional printer. Do printing prior to leaving home/office.
Insofar as air card, yes or sign at Starbucks or other free wi-fi or use Droid 2 or HTC, which give you 5 gig hot spot. My Verizon contract for my air card comes up in December and I'm switching to Droid 2 then (saving approx. $45 p/mo by switching).
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Reply by SReis on 9/7/10 8:35pm Msg #351827
I Don't bother w/an aircard...
Just confirm w/borrower that they have WIFI access or internet explorer on their own computer or meet at a location in which you can access WIFI, I do explain though that this is a public connection to them & make sure they are ok w/that.
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Reply by doglover/CA on 9/7/10 10:17pm Msg #351836
Re: I Don't bother w/an aircard...
I've done one esigning with Amtrust so far. The borrower temporarily disabled security on his wireless network so that I could access it with my laptop. Then he saved the esigned documents on his flash drive.
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Reply by Ali/IL on 9/7/10 11:02pm Msg #351838
I didn't mean if we could do esignings in Illinois sorry about that.
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Reply by Ali/IL on 9/8/10 11:00am Msg #351875
Can't use borrowers connection
I was told that at this time we cannot use borrowers connection for Amtrust is that correct?
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