Posted by Jennifer Matney on 6/18/13 10:51am
Msg #473806

Texas Cash Outs!

Anyone else constantly getting called for cash outs and the signing companies wanting you to find a location and fork out the money up front for the title company or law office conference room fee? I don't mind doing a few of these a month, but this is getting ridiculous! I got three calls yesterday and turned them all down, because I am tired of paying an average of $50 a closing up front for the conference room and having to wait 30-45 days to get reimbursed! I think the signing companies need to start reimbursing faster for the conference room fee, like issue a check in a few days after the closing. I don't think it is fair for us notaries to have to fork out so much money for conference room fees up front! I currently charge $100 for a cash out , plus whatever the conference room fee is. I am thinking of raising my fee to $125 because of all the trouble the cash out signings are!