Tuesday, April 13, 2010

here's another oldie but goodie....buyer beware when hiring a notary public

Be explicit. Are you buying notarial services OR are you buying "signing agent" services?

You see, things are very confused in the notary business these days. Let me take a moment to explain.

Each state has its own set of laws concerning the closing of a real property transaction - purchase or refinance.

In all states, attorneys may perform the transaction.
In many states, attorneys ONLY

here's another oldie but goodie....buyer beware when hiring a notary public

Be explicit. Are you buying notarial services OR are you buying "signing agent" services?

You see, things are very confused in the notary business these days. Let me take a moment to explain.

Each state has its own set of laws concerning the closing of a real property transaction - purchase or refinance.

In all states, attorneys may perform the transaction.
In many states, attorneys ONLY

Bank of America v. First American

CLICK HERE


Guess a judge will have to decide who was the greater fool.  It's like a team of engineers who design and build a bridge using substandard materials which they buy from a dealer who knows his materials are crap but is willing to guarantee replacement of parts and apparently neither the dealer or the engineers considered that the bridge might collapse.

Bank of America v. First American

CLICK HERE


Guess a judge will have to decide who was the greater fool.  It's like a team of engineers who design and build a bridge using substandard materials which they buy from a dealer who knows his materials are crap but is willing to guarantee replacement of parts and apparently neither the dealer or the engineers considered that the bridge might collapse.