| |
 Dear Signing Agents,
You need to REGISTER and have a password to post or reply to discussion topics. Please remember, your password for your listing on 123notary.com is NOT RELATED to and is different from your password on the forum. Your password on the forum can be whatever you want it to be.
|
|
  Be the first person to vote!
| Author |
 Topic  |
|
|
PWinFL
Florida
469 Posts |
 Posted - 11/18/2009 : 07:55:01 AM
|
I agree with Vince, Copperhead and others. I simply present the document to the borrowers and tell them what the TC/Lender is requesting. It is the borrower's decision, not mine, whether or not to sign and return, or actually wait until the rescission period expires and return. If it's the latter, I do as Vince does, they can write a brief reason on the form or on a separate page (I use my "Refusal to Sign" form) and attach it to the form.
Never drive any faster than your guardian angel can fly.
I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.
Visit us online at http://www.PAWnotary.com |
Edited by - PWinFL on 11/18/2009 10:06:18 AM |
|
|
|
vince
Kansas
324 Posts |
Posted - 11/18/2009 : 07:19:42 AM
|
I cannot help but wonder if they would be more or less upset if they signed and dated the "non-rescission agreement" with the same actual date as the RTC
When a borrower does not want to sign and post-date the form, I request that that they indicate why either on the form or attached post-a-note. For instance, they might write something like: "wating for RTC period to be over - will send in upon request" and initial it. The borrower has copy(ies) in the package. It is the borrowers decision. If the company then needs the form, it can be faxed or mailed by the borrower. |
|
|
|
CopperheadVA
Virginia
420 Posts |
Posted - 11/18/2009 : 04:24:53 AM
|
IMHO, signing this form is up to the borrowers. I've found that the title companies usually prefer that we get the form signed and have the borrowers postdate it to the day after the RTC expires. IMHO this negates the purpose of the form and I personally would never sign and postdate my own form, but I will present the TC's request to the borrowers and give them the choice to do that or to be responsible for signing and returning doc to the TC on the day after RTC expires. I will put a note in the package that borrower chose not to sign form and will return it after RTC expires. I even put that in my closing notes when I e-mail the completion report.
I have found that most borrowers don't want to be bothered with sending the form back and they sign and postdate the form. However, I would never insist that a borrower sign it - I feel it must be the borrower's choice.
CopperheadVA
|
|
|
|
n/a
Alabama
1 Posts |
Posted - 11/17/2009 : 8:45:36 PM
|
| I completed a signing for Nations Closers and did not get the form signed which indicated the rescission period had passed and the borrowers had elected not to rescind. They were very irate that I did not get this doc signed, but I think it is an attempt to take away their 3-day right to cancel. What are your thoughts on getting this form signed? |
|
| |
Topic |
|
|
|
| Mobile Notary / Signing Agent Discussion Forum |
© 123notary.com |
|
|
|
Tips for using the forum
The most important feature on the forum is the search box. You can look up a particular word, phrase, name of a company, and see a potentially large list of search results with which you can obtain data. Filters are also valuable. If you want to find popular posts, you can use the number of views filter. You can also see whats new with the active topics link. Email us at info@123notary.com if you need any help using the notary forum.
Resources
The notary public resource page is valuable as it has links to all of the free information pages for notaries. Pages linked to the resource page include a page that teaches you everything you need to know to get the most out of your listing. Another page teaches you all the secrets of getting paid. There is a link to our free list of signing companies. There is also a glossary, learning tools, and much more.
If you are a notary, the free tips we give are invaluable.
Popular pages
If you visit 123notary.com often, you might want to visit some of our most popular pages such as the California notary, Texas notary, Florida notary, and New York notary pages to browse the site. We also have valuable pages for notaries such as the free list of signing companies, and the resource page. Please also visit our get notarized and notarized letter page.
|
| |
Right to Cancel
