@Linda...Your simply wrong...in many "institutional" accounts the fees are now included in the title and escrow fees and we have been pressured to lower our costs as an SS now "bundled into title/escrow. Most larger companies dont "charge" junk fees anymore....the borrower ends up taking an interest higher than they would have otherwise qualified for...generating YSP back to the LO. This means they are the ones writing the checks for my invoices...This also keeps SS's squarely in the middle...the last thing they want are their teams spending time calling notaries...they need to be closing another file.
@Brenda....Many notaries, especially in towns like yours, although more populated, do not lose money at an SS'sfee schedule. As example, the average rent in your town is $596 and there are approx 74000 people, didnt check how many notaries. The rent is almost the same in say Cleveland, with many more people. That $596 is about a parking space in San Fran....Back to the reason why ALL the notaries there demand a higher fee. So if you did 15 closings for 60 bucks each and spent a thrid of that for costs you'd make rent money working what.. 20 something hours a week, maybe.\
Everyone is cutting costs everywhere ...none of us are special...it all rolls downhill...welcome to the bottom of the transaction heap...
HDD |
