Posted by Sha/CA on 2/23/12 9:02pm
Msg #412824

Print amortization schedule for escrow?

I have used the orange button, and could not find what I am looking for. I think I remember (unless I had a senior moment) that some of you do not print the amort. sch. to return with the loan package. Can anyone confirm for me that it is okay not to print, as long as the borrower gets a copy?

Reply by ToniK on 2/23/12 9:11pm
Msg #412825

I print it unless Title says dont print it. Some amortization schedules require initials and signature.

Reply by notarydi/CA on 2/23/12 9:17pm
Msg #412826

ditto....agree with Toni

Reply by CopperheadVA on 2/23/12 9:32pm
Msg #412827

Are you thinking of the appraisal report?

I always print the amortization schedule if it's in the package. I haven't received an appraisal in a long time, but that is the document that many notaries say they refuse to print.

Reply by MW/VA on 2/23/12 9:36pm
Msg #412828

IMO it's not a good idea to decide what/what not to print. I print everything that's in the pkg.
I don't make a copy for the borrower that contains the closing instructions, etc., that are really not for them. Otherwise, everything goes back the way I received it.

Reply by LKT/CA on 2/23/12 9:44pm
Msg #412832

Agree with Marilynn

If they sent it, then you print it!

Reply by desktopfull on 2/23/12 9:47pm
Msg #412834

I Agree n/m

Reply by Linda Juenger on 2/23/12 10:11pm
Msg #412836

Had one the other day where there were 22 pages of an

appraisal, including pictures of every room inside and the entire outside. I called immediately and told them I do NOT print appraisals, not even for additional fee. This is NOT our job and I don't intend to give them the slightest inkling that this is ok, because it is NOT ok. That is the appraiser or lenders job, not ours.

Reply by MW/VA on 2/23/12 10:17pm
Msg #412837

Re: Had one the other day where there were 22 pages of an

Yes. In my experience they are usually emailing the appraisals to the borrower, but it's their job to provide it. The bo's paid for it, but the appraiser received the big bucks, not us. LOL

Reply by linda/ca on 2/24/12 1:54am
Msg #412843

Re: Had one the other day where there were 22 pages of an

The OP was questioning the amortization, not appraisal. Yes, you should print the amortization schedule unless you had the option not to; which is unlikely.

Reply by Sha/CA on 2/24/12 8:37am
Msg #412852

Thank you all. Yes, it was the appraisal not the amort.

When I saw the 16 page amort. schedule, I just couldn't remember what I didn't have to print. I'm sure escrow wants to know that the borrower received their copy. I will think twice about not printing the appraisal anymore, though.

Reply by Jillian Hinrichs on 2/24/12 12:00pm
Msg #412888

Not printing appraisal

Call whomever sent you the assignment. So far every time I have done this they have said I don't have to print it out, it's just included in the package in case I am willing to do so (stupid enough to do so?). And so far every time the borrower has said they were emailed the appraisal but didn't bother printing it out.

Reply by Kenny Services - Dawn on 2/24/12 1:16pm
Msg #412895

Re: Had one the other day where there were 22 pages of an

Capwest is big on putting the appraisals in their packages. I tell them I will be happy to print the appraisal for the borrower, however I do charge an additional fee since it is not a standard part of a closing package. They have no problem with that.

Reply by Linda Juenger on 2/24/12 3:45pm
Msg #412931

WHY should WE print the appraisal Kenny. The one I was

sent the other day was 22 pages with about 15 pictures. Do you realize how much toner that takes to print. And.... that is the appraisers job or the lenders job to make sure they get it. It's called pure LAZINESS that they don't get this to the borrower another way.

Reply by Diann/MI on 2/26/12 9:02am
Msg #413087

Re: WHY should WE print the appraisal Kenny. The one I was

I refuse to print the 23 page HUD-Approved Counseling Agencies document to send back. It's a waste of paper and toner. I do, however, provide a copy for the borrower.