Posted by roseIN on 2/8/13 8:24am
Msg #454713

Never happened B4

Yesterday, I got a call from a BO in my area asking if I could notarize some refi documents for him that he received from W/F directly. After several exchanges of emails asking who was Title Co, the date on his Docs, had he already signed them, etc., etc., etc., he verified in his last email everything I requested and also sent me a pix of the Instructions to Notary that he received with his Doc package. I've been doing mobile signings for 5 years and never had this situation come up. Has anyone experienced the same???

Reply by Linda Juenger on 2/8/13 8:49am
Msg #454718

It's not common around here, but I have had several over the years. I give them 2 options. #1. I can witness your signature and notarize what needs to be notarized WITHOUT going over anything with them and not going through the pkg to make sure they signed everywhere that's needed. #2. My full signing process and experience ensuring that everything is correctly signed. It's their choice. I charge according to what they choose and of course their is no printing fee.

Reply by Yoli/CA on 2/8/13 9:41am
Msg #454723

Same as Linda. Get these once in a while and borrowers get the option of basic notary service or "the works" with my CSA hat.

Reply by Karen Dalton on 2/8/13 11:25am
Msg #454742

I'm a new NSA still learning the ropes -- do you charge extra for printing, on top of the base fee? I've lost a few jobs because I've added on mileage charges that were actually slightly below what it would cost me to drive. Need some advice because I'm trying to keep a base fee of $100 as per what I saw on this forum in order to not undercut other NSA's, but have lost about 3 - 4 jobs in the last week and a half. Advice please!

Reply by VT_Syrup on 2/8/13 11:36am
Msg #454748

First off, this thread is about a would-be borrower contacting the notary, so the way you talk to the borrower would be different from the way you talk to a title company or signing service; the borrower won't know any of the short hand, so your fees will have to be explained step-by-step and clearly. Of course, the simplest way to say it would be "To come to your house and notarize the documents would be XX" or "To come to your house notarize the document, and go through all the pages and see if you might have missed any spots where you should have signed or initialed would be XXX". Of course it depends on how far you are driving. You could give an itemized price, so much per mile and so much per notarization (depending on what your state allows), but a lot of borrower's eyes would glaze over if you did that. And neither of you would know what the price is until it was all over.

When dealing with assignments set up by signing services or title companies for a refi or purchase, the idea that it's hard to stay in business if your fee is under $100 usually assumes you will be doing some driving included in that price, but not printing documents. Of course, your circumstances determine what your fee should be, and you should analyze your cost and how much you should earn per hour to figure out what your fees should be.