Posted by A S Johnson on 5/18/12 11:31am
Msg #421240

MortgageDocs.com

Just recieved this:

The following NEW order is available in your area! Are you available? Let us know by replying to this email ONLY.

MD Order Number: 32761
Order Type: Loan Modification
Vendor Fee: 20.00

Client Name: Citi
Client Location: FHA-VA
Address: 302 SADDLEVIEW CT
City, State, Zip: GRANBURY TX 76048-6718
Scheduled Date:
Scheduled Time: *

*If AUTO order -- Appt time may be FLEXIBLE, within 2 hours after scheduled appt time. PLEASE ADVISE OF YOUR AVAILABILITY.

My reply,
Fee $125 which includes, Print 2 copies of documents, meet with borrower for signing, travel (out of county) check and return docs via label supplied by you. Net 30 days.

Reply by Linda_in_MI on 5/18/12 11:58am
Msg #421243

There's been quite a bit of discussion lately on MortgageDocs. Good luck with getting your fee approved, whenever I countered with a higher fee I felt like I had changed professions; no offense to the dental profession but we as notaries should be pulling teeth to get the fee that is appropriate to the work involved.

After a fiasco of a purchase signing from them (I won't bore with the details--suffice to say between Title and myself the signing took place), I told them to take me off their emails and remove my name from their database. If you as a notary are to the point where you feel it is necessary to accept fees that you KNOW are too low . . . well I don't know what to say or think.

Reply by Les_CO on 5/18/12 12:04pm
Msg #421244

Loan modification or not, I wouldn't take that fee if the borrower brought the docs to me.
ANYONE accepting similar fees is a fool and a disgrace to our profession. JMO

Reply by A S Johnson on 5/18/12 12:40pm
Msg #421247

Really, a number of years ago, I took thier assignments which were for e-doc printing, meet borrower in a back and return docs.
Then, they decided to reduce their fee for print charge to $20 with the statement that all you need to do ware direct the e-mail with the docs to the printer and go about you business. I basicly stop accepting their assigmnets then. Rember this was over 7 years ago.
For this assignment, $20 would just cover the gas I would need to use in my auto. It is out of my home county, about 30 miles way.
PS Thier several Notaries in this small area county but I can assure they wouldn"t do it for this.

Reply by gowithn/TN on 5/20/12 1:09pm
Msg #421358

Re: MortgageDocs.com Agree w/Les 100% n/m

Reply by Dorothy_MI on 5/18/12 12:39pm
Msg #421246

They call me all the time with that kind of offer for Car Lo n/m

Reply by Dorothy_MI on 5/18/12 12:44pm
Msg #421248

Re: They call me all the time with that kind of offer for Car Lo

Sorry, I fat fingered that one.

Car Loans. If they have one outside my county the offer $30. I keep telling them no (maybe I should start saying HE** NO). They act as those that is a perfectly acceptable fee to drive over 50 miles R/T, print the docs and get them signed. FACT: Just the car expense for a 50 mile R/T would be over $25.00. Who is doing these signings for this fee? Must be a very charitable person. I am one, but I want my charity to benefit deserving people, not some greedy person who is trying to get rich off of me. I know that everyone has to at least make lunch money, but I sure don't want them to have a super buffet at my cost.

Reply by HisHughness on 5/18/12 1:58pm
Msg #421254

My reply

MortgageDocs:

Thank you for the proposed assignment, and I'll be happy to accomodate you. However, you need to send me a revised confirmation. The one you sent incorrectly lists my print fee; it is $35, not $20. And the confirmation inadvertently left the closing fee off entirely. Please send the revised confirmation immediately if you wish me to guarantee you a time slot today.

Reply by Mike Goodey on 5/18/12 2:53pm
Msg #421258

oh oh oh twenty bucks? WOW...give it to me!!! Oh wait, I live in California...guess I'll have to pass!!!!!

Reply by kathy/ca on 5/19/12 10:17am
Msg #421313

I got the same offer in my area, not even worth the time to

respond to. I just delete all the email offers I get from them, its a insult and a joke!

Reply by Susan Fischer on 5/18/12 7:34pm
Msg #421275

My reply: "I'm retired, and wouldn't even consider passing

your "offer" along.

Say, now that I think about it? Passing along this LBA (LowBallingAlert) for all to enjoy...

click

Reply by Jennifer Jackson on 5/21/12 4:30am
Msg #421375

I get these all the time but I never get a response back