The two dates that you fill in on the RTC are the transaction date and the cancel no later than date. The doc reads as follows:
You are enterint into a transaction that will result in a mortgage/lien.security interest on your home. You have a legal right under federal law to cancel this transaction, without cost, within THREE BUSINESS DAYS from whichever of the following events occur last:
1) The date of the transaction, which is _____________ (enter todays date, the date Mr. B signed)
2) The date you recieved your Truth in Lending disclosures; or
3) The date you received this notice of your right to cancel.
I remember that something similar to this was discussed a while back. The transaction date is the date that you did the signing. Then you fill in the cancel by date which is 3 business days from the transaction date (you know the holiday and sundays rule). Docs can have an effective date on them. So having the borrower sign the DOT on the 8th since that was the date and notarizing the 8th since it was the 8th is not a problem. If you search the words Wells Fargo and dates you'll find the thread.
Now in myl experience the only time there was a problem was when I went out on a piggyback last minute docs. When the docs were drawn there was a glitch in the docs system that printed the date on the 2nd for the date after the 1st. I was told that they had to be the same date and since it was thier computer error they sent me out again and paid me in full for both trips.
|
| Messages in this Thread |
|  I did a World Savins signing today and realized everything.. - O/CNotary on 10/8/05 8:10pm |
|  Re: I did a World Savins signing today and realized everything.. - Rebecca_TN on 10/8/05 9:32pm |
|  I changed the RTC dates to the 8th,ending the 13th, I didnt - O/CNotary on 10/8/05 9:42pm |
|  Re: I changed the RTC dates to the 8th,ending the 13th, I didnt - Rebecca_TN on 10/8/05 10:08pm |
|  Re: I changed the RTC dates to the 8th- May be a mistake -  PAW_Fl on 10/8/05 10:23pm |
|  PAW, seems there is such a differing of opinion on this and - O/CNotary on 10/8/05 10:30pm |
| Re: I did a World Savins signing today and realized everything.. - Tina_MA on 10/8/05 11:23pm |
| Re: I did a World Savins signing today and realized everything.. - BrendaTX on 10/8/05 11:38pm |
| AND, what about signing the docs on the 8th that are dated - O/CNotary on 10/9/05 12:40am |
| Re: AND, what about signing the docs on the 8th that are dated - BrendaTX on 10/9/05 1:50am |
| Brenda, the date,the 12th is at the top of the docs, the BRW - O/CNotary on 10/9/05 11:06am |
 |  Re: Brenda, the date,the 12th is at the top of the docs, the - SarahBeth_CA on 10/9/05 12:05pm |
|  Re: Brenda, the date,the 12th is at the top of the docs, the - PAW_Fl on 10/9/05 6:26pm |
|  The RTC said the date of this transaction which is 10/12, I - O/CNotary on 10/9/05 8:25pm |
| Re: Brenda, the date,the 12th is at the top of the docs, the - SarahBeth_CA on 10/9/05 8:27pm |
|  It is a HELOC, but I have changed the date on all RTC to - O/CNotary on 10/9/05 9:02pm |
|  Re: It is a HELOC, but I have changed the date on all RTC to - SarahBeth_CA on 10/9/05 9:49pm |
| Re: I did a World Savings...maybe I'm missing something but - TitleGalCA on 10/9/05 9:44pm |
| Re: I did a World Savings...maybe I'm missing something but - SarahBeth_CA on 10/9/05 9:52pm |
| Re: I did a World Savings...maybe I'm missing something but - TitleGalCA on 10/9/05 10:10pm |
| SarahBeth - TitleGalCA on 10/9/05 10:17pm |
| Re: SarahBeth - SarahBeth_CA on 10/9/05 10:37pm |
| Re: SarahBeth - TitleGalCA on 10/9/05 10:40pm |
| Re: SarahBeth - SarahBeth_CA on 10/9/05 10:42pm |
| When I started this thread, I thought it was gonna be simple - O/CNotary on 10/9/05 11:02pm |
| Re: When I started this thread, I thought it was gonna be simple - BrendaTX on 10/10/05 2:16am |
| Re: I did a World Savins signing today and realized everythi - Jon on 10/10/05 1:15pm |
| Re: Signing Early is okay - Anonymous on 10/10/05 3:14pm |
| Right to Rescind is NOT state specific. - PAW_Fl on 10/10/05 4:13pm |
