Posted by Serina/VT on 1/16/12 7:32am Msg #409123
What happens when no one takes an assignment??
I have been wondering if anyone knows what happens when NO ONE will accept a signing? I am good friends with another notary on the other side of the state. We both refer each other when our schedule can't accommodate a signing in the middle of the state. Both she and I were called by MANY different signing services over the past 5 days for the same closing and either we were already booked or they couldn't meet the quoted fee. Of course they may have and most likely were calling others, but this has happened in the past as well. Vermont is not overflowing with notaries, especially in a few select counties which have none advertised as mobile notaries.
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Reply by JulieD/KS on 1/16/12 8:06am Msg #409126
I don't really know the answer, but I would suspect that if no one can take it, they would have to change the appointment to a time/day when someone could accommodate it.
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Reply by Lee/AR on 1/16/12 8:23am Msg #409127
from personal experience....either reschedule for another day or time or realize they really need to finally 'get approval' and pay a fair fee. Even the cheapies.
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Reply by Linda_H/FL on 1/16/12 9:03am Msg #409133
Or, as I suspect happened with one company I dealt with
last minute call for signing - called at 5:30 for signing that night - in fact the borrowers called me before the company did it was so last minute - I could not accommodate...
Mysteriously, the mortgage showed up in the county records and was notarized on the original date by the person from the SS - who was over 2.5 hours away -
Not for one minute do I believe this person traveled up my way that night to do the signing - it's my firm belief they e-mailed the docs to the borrowers with a shipping label and told them to sign and return. Can I prove that? No. But I do truly believe that's what they did.
Maybe that's what they do.
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Reply by 101livescan on 1/16/12 9:33am Msg #409139
Re: Or, as I suspect happened with one company I dealt with
Or, possibly tell the customer to find their own notary..
I had an assignment for $50 to just show up after LO and client signed the documents entirely and do a couple of acknowledgments. Turned out to be a RM, the LO and client were only half way through the package. I left after jumping in and notarizing the deed and occupancy affidavit.
Would I please review the package for any omissions in non notarized docs for accuracy, dating and then carry the package to FEDEX.
Thanks, but no thanks. Not the kind of work I find meaningful or profitable. The couple were elderly and sickly. It was a charitable assignment for me! Helping the aged.
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Reply by Deborah Breedlove on 1/16/12 10:36am Msg #409141
I've had a situation where a certain signing service called and I would not accept the signing due to their low fees. Then, about an hour later the same SS called and tried again, seemingly unaware that I'd already turned it down. Then, a little later, a different SS called with the exact same assignment, but still offering a low fee. After I turned it down, eventually the title company called and offered the same assignment for a decent fee. I ended up taking the job, reinforcing my belief that it pays to stick to your fees.
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Reply by Serina/VT on 1/16/12 10:46am Msg #409142
Oh I agree 100%, and have done the exact thing many times. It's the ones that just disappear that puzzle me.
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Reply by Deborah Breedlove on 1/16/12 11:00am Msg #409143
When they never call back, I assume that, out of desperation, they gave it to the last person on their list, for whatever fee that person wanted. At this point, they've realized they'll have to pay the fee I asked for in the first place, but they're not going to go to the trouble of calling me back.
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