Posted by Suzibelle01 on 8/9/13 7:48am
Msg #479757

Help Needed

I have a re-fi closing in 1 hour with a 45 minute drive. Received the docs late last night. This re-fi involves a trust. Both husband are in the trust. Michigan Law states that the wife has to sign the mortgage doc. With package there was no where for the wife to sign. Tried reaching the SS and TC but they aren't in yet. What would you do - go or cancel?

Reply by MW/VA on 8/9/13 7:51am
Msg #479758

I'd go & call them when you get there. I wouldn't try to

make a decision not to go because of your question.

Reply by Yoli/CA on 8/9/13 7:59am
Msg #479759

Re: I'd go & call them when you get there. I wouldn't try to

As MW/VA states, go and call when you get there. You may want to print 2 copies of Mortgage - 1 for husband only and 1 for both parties. Then, when you get your answer, destroy the copy not needed. JMO

Reply by ikando on 8/9/13 8:33am
Msg #479764

Re: I'd go & call them when you get there. I wouldn't try to

Yoli has given an excellent suggestion. By printing two copies for signature, you're already prepared to do whatever the TC needs done, and still keep the appointment as assigned.

Reply by Notarysigner on 8/9/13 10:52am
Msg #479777

Excellant suggestion Yoli...I think I'm going to start

requiring a valid, answerable reach number for question or I want full payment if loan doesn't close because of a problem they COULD HAVE RESOLVED had they just answered the phone!

Reply by Suzibelle01 on 8/9/13 8:47am
Msg #479766

Re: I'd go & call them when you get there. I wouldn't try to

Everyone - THANK YOU !!!

Reply by JPH13/MO on 8/9/13 12:55pm
Msg #479816

As mentioned, make extra copies of pages...

that might need 2 signatures, or 2 initials. I even use a ruler and draw a line for the person missing from the doc to sign on and neatly print there name underneath it. If I still can't reach anyone once I am at the signing, I use post-it notes sticking out on the left margin, marking each page that I had signed with 2 signatures and also with just one signature, and a note on top of the docs mentioning that I couldn't reach anyone, so I had the docs marked with post-its signed with and without the other signature (or initials, etc.), and to please shred whichever version they don't need.

I have had great success with this and it has caused additional business. Whenever there is a way around a problem and you take the extra steps to handle it yourself, they tend to be very grateful. The borrowers have never minded - when docs are like this it usually means the poor borrowers have already had a lot of grief getting the loan processed, and they are just happy someone is doing whatever they can to get it over with.

For me, being in a spousal state, the issue is usually that the non-borrowing spouse isn't on the docs they need to sign.

Reply by Suzibelle01 on 8/9/13 1:57pm
Msg #479832

Re: As mentioned, make extra copies of pages...

Went to the signing as scheduled with an exta copy of the mortgage to be signed, if needed. The SS said to follow the notary instructions enclosed in the packet, which indicated that I should have the wife sign the Mortage, TIL, RTC, etc. While at the table the borrower had questions so he called the title co. He mentioned that his wife would be signing some docs and the title said that she was NOT to sign any docs. I ended up going with with the TC said and just hope all works out with this signing.

Thank you everyone for your comments.

Reply by MW/VA on 8/9/13 2:22pm
Msg #479843

Interesting outcome. I wasn't sure if the spouse would

sign if it was a Trust.