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 Fees paid by borrowers at closing?
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edelske

New York
813 Posts

Posted - 12/29/2013 :  1:14:03 PM  Show Profile  Visit edelske's Homepage  Reply with Quote
I have done many this way. Typically, the borrower is given my name and number and told to "make the arrangements".


Kenneth A Edelstein
Mobile Notary, Apostille / Legalization Processing & Fingerprinting
http://www.kenneth-a-edelstein.com
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Joannie

Wisconsin
5 Posts

Posted - 12/28/2013 :  11:52:00 AM  Show Profile  Visit Joannie's Homepage  Reply with Quote
Well, I certainly have NOT misunderstood Stewart Title. They have told me to collect my fee from the borrower at the closing table.

I just would like to know if anyone has ever been asked to do this.
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Lee-AR

Arkansas
612 Posts

Posted - 12/28/2013 :  09:09:44 AM  Show Profile  Reply with Quote
Think somebody misunderstood something here.

If you don't value your time and experience, nobody else will.
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Joannie

Wisconsin
5 Posts

Posted - 12/27/2013 :  4:26:40 PM  Show Profile  Visit Joannie's Homepage  Reply with Quote
I just received a call from Stewart Title Company out of Texas to close a loan at the borrowers home.
When I received the email confirmation, I realized that it was not the city/county that I thought she said. (much further) I do serve that area, but for a bit higher fee. I emailed them back to let them know. Her reply was that I needed to discuss the fee with the borrower because they aren't allowed to put the notary fees on the HUD in Texas. So, I have to get payment at the closing from the borrower.

Has anyone have any knowledge of this? I have never been asked to collect my fee from a borrower.
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