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What this is
Posted by PaigeTurner of AK on 8/10/22 3:45pm Msg #641739
Let me tell you what these "signing opportunities" are. They are offering $60.00 and are from the All-Star Notary, LLC branch in Boca Raton, FL. Opps, my bad, one just came in at $75.00 just now. I guess they are finding more and more notaries are not wanting to service these types of requests. They seem to canvas areas as I get about 4-6 of these per day.

They are a real estate company in south FL sending out approx.17-page document and you get them notarized.
They are a contract that if the owners (that are signing) ever decide to sell their home, this real estate company gets the listing. This contract is binding for 40 years!
If they don't get the listing, they charge the signer 3% of the home's current value at the time of sale because you defected the contract. In exchange for that, this person (I saw) was offered $750.00! That is just insane to me. I don't know if that 40-year contract passes along to the heirs if they die? I didn't read the whole 15 pages. It's not for me to decide or have an opinion what they do or do not do, but I find it highly unethical and I choose not to be a party to a deal like this. 40 years is a long time to have that hang over someone's head, and then what is their commission or charge to the seller going to be?

I only took one last week close by to see what it was, thank goodness it didn't pass the signer's "smell test" and they decided not to move forward. I took a T&P fee and still waiting for it. I won't do another one or be involved further, but will not block them until I see my few bucks.
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Messages in this Thread
 All Star Notary, LLC Boynton Beach FL - Mobile1/PA on 8/9/22 8:16pm
 I've never hear of HBA's. What is it? n/m -  MW/VA on 8/10/22 8:18am
 Google Homeowners Benefit Agreement . . . - PegiT_MN on 8/10/22 9:23am
 Re: explained from information found on the internet - Mobile1/PA on 8/10/22 11:56am
 These agreements are the subject of a lot of litigation - Linda_H/FL on 8/10/22 12:00pm
 It sounds really sketchy. I suppose it is legit, but legal -  MW/VA on 8/10/22 2:53pm
 What this is - PaigeTurner on 8/10/22 3:45pm
 Re: What this is - pdl/cali on 8/10/22 8:15pm
 Not sure PDL .... - Linda_H/FL on 8/10/22 9:30pm
 Re: Not sure PDL .... - Linda_H/FL on 8/10/22 9:31pm
 Re: What this is - Courtney Chavers on 8/18/22 8:41am
 My 2 cents - Lee/AR on 8/11/22 7:28am
 Re: My 2 cents -  janCA on 8/11/22 12:28pm
 Re: My 2 cents -  Cheryl Elliott on 8/11/22 12:47pm
 HO gets $$$; not a loan; never repaid - Lee/AR on 8/11/22 2:29pm
 Looks to me like this is a Florida specific program. -  Cheryl Elliott on 8/11/22 6:37pm
 Maybe...but the thing is you can't lien a - Linda_H/FL on 8/11/22 10:18pm
 Roofers can, solar installers can... n/m - PaigeTurner on 8/18/22 11:38am
 Not Florida specific. - Mobile1/PA on 8/12/22 7:07am
 I'm not so sure they're not nationwide - Linda_H/FL on 8/12/22 8:52am
 Re: I -  Cheryl Elliott on 8/12/22 9:45am
 Re: Looks to me like this is a Florida specific program. - Kimberly Pomerleau on 8/19/22 12:11pm
 Re: All Star Notary, LLC Boynton Beach FL - Shelly59 on 9/1/22 3:21pm



 
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