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 Appraisals in closing package
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2 Posts

Posted - 01/13/2015 :  1:00:48 PM  Show Profile  Visit KRichmond56's Homepage  Reply with Quote
I agree Joannie but the problem is(at least until it becomes standard practice) you won't know in advance if the appraisal is part of the package. I have been asking about how many pages are in the package before I agree to price but usually the caller has no idea. I tell them if I'm printing over 150 pages (per set) then I charge an extra $25 print fee.
Also, I've asked those borrowers who have an appraisal in their packet if they have already received a copy. Most often they were emailed the appraisal in advance & they are signing the document that says they received their appraisal at least 3 days prior to closing so why does it have to be printed for them by us at closing? Unfortunately it sounds like it will be a new requirement sometime in 2015.
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265 Posts

Posted - 12/08/2014 :  7:19:43 PM  Show Profile  Visit Dannotary's Homepage  Reply with Quote
when this has happened, I have sometimes been told to only print it once for borrower. Other times, no mention of it, but I end up only printing one set for borrowers. If it becomes standard with all, I will charge more too. It is more of our time and expense.
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5 Posts

Posted - 11/26/2014 :  12:44:02 PM  Show Profile  Visit Joannie's Homepage  Reply with Quote
I was just told by The Notary Spot signing co. that, by next spring, appraisals will be included in all packages as a standard procedure. I found this out when I noticed that the package I received had one in. I called the company and told them that I would print ONE copy THIS time, as a courtesy. But, going forward, I would be charging an additional fee to do so. I'm thinking $10 on top of my base fee. What does anyone else think? And, have you heard anything about this practice?
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