Join  |  Login  |   Cart    

Notary Rotary
Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the


VT - you are so smart about this stuff.
Posted by  BrendaTx of TX on 6/20/22 2:39pm Msg #640883
"I'm guessing the rule linked to later in this thread applies to lenders and maybe title companies, but not notaries." BINGO.

"That is, if the notary does a signing at the principal's home, the notary is in trouble with the signing company, title, and lender, but not with the State of Texas. Have I got that right?"

BINGO AGAIN. Except that these packages have an affidavit that the borrower signs stating they closed in a TC, Atty office, etc. The borrower commits perjury in front of a complicit notary when the affidavit is falsely sworn to.

"I'm also wondering what the rules are for a Texas property transaction where the principal is out-of-state signing before a non-Texas notary (like I did when I inherited the house)?"

Only an A6 - Home Equity Loan requires the location. True also for some home improvement loans. Deeds and other such items can be signed anywhere.

If you were signing an A6 Loan while in VT, I believe the insuring title company would want you to go to a VT lawyer or title company.

This rule is there because of the predatory lenders that became such a problem in the late 1990s. The state wanted to keep them out of homes, period. Good Lenders were afraid to add HE loans to their products line so these rules developed. Smile
PrevNextReturn to General Discussion    Post a Public Reply to this MessageSend Author a Private Message


Messages in this Thread
 Just got this from Signing Services of America - Clem/CA on 6/20/22 10:43am
 Wow... n/m - Linda_H/FL on 6/20/22 10:56am
 Re: Just got this from Signing Services of America -  Cheryl Elliott on 6/20/22 11:03am
 Re: Just got this from Signing Services of America -  walthtz on 6/21/22 9:43am
 Re: Just got this from Signing Services of America -  Yoli/CA on 6/20/22 11:26am
 Just how much "work" was Signing Services of America sending - grapebed on 6/20/22 11:34am
 Re: Just got this from Signing Services of America -  BrendaTx on 6/20/22 11:58am
 Brenda, first off it's great to hear from you again! - Linda_H/FL on 6/20/22 12:05pm
 Brenda: I've also seen what Linda saw...somewhere. Same ? - Lee/AR on 6/20/22 12:13pm
 Re: Brenda: I.....here it is - Linda_H/FL on 6/20/22 12:17pm
 Linda, the problem is that isn't about NSAs. -  BrendaTx on 6/20/22 2:31pm
 Thanks Brenda! n/m - Linda_H/FL on 6/20/22 2:38pm
 Thanks Linda... -  BrendaTx on 6/20/22 2:43pm
 Grrr. It's people like that ruining our industry. ;-( n/m -  MW/VA on 6/20/22 2:28pm
 Re: Just got this from Signing Services of America -  Cheryl Elliott on 6/20/22 12:16pm
 Lots of 4* ratings. What's the problem? n/m - Lee/AR on 6/20/22 12:23pm
 Re: Just got this from Signing Services of America -  Yoli/CA on 6/20/22 12:40pm
 Re: Just got this from Signing Services of America - VT_Syrup on 6/20/22 2:21pm
 VT - you are so smart about this stuff. -  BrendaTx on 6/20/22 2:39pm
 Questionable - PaigeTurner on 6/20/22 3:34pm
 For laughs - PaigeTurner on 6/20/22 3:40pm
 I'm thankful SSA did publish this because it will help slow -  BrendaTx on 6/20/22 5:07pm
 Need to read the whole thread... - Linda_H/FL on 6/20/22 3:46pm
 Typo - "in fact they did not" n/m - Linda_H/FL on 6/20/22 3:47pm
 Re: Need to read the whole thread... - PaigeTurner on 6/20/22 4:09pm
 Actually, it goes back to unethical -  BrendaTx on 6/20/22 5:05pm
 You're not familiar with the routine of how this is done. -  BrendaTx on 6/20/22 5:01pm
 Re: You - PaigeTurner on 6/21/22 7:47am
 I'm curious and have another question about this - Linda_H/FL on 6/20/22 3:50pm
 Re: I -  BrendaTx on 6/20/22 4:52pm
 Thank you Ma'am!! n/m - Linda_H/FL on 6/20/22 4:56pm



 
Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
 
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2022, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.