Settlement Agents who close real estate transactions, such as Title Companies, Escrow Companies and Attorneys, often need mobile notaries to witness borrowers’ signatures on loan documents. Others who regularly need the services of notaries are: lenders, builders and estate agents.
This ‘loan document signing’ is considered an art form and, although only small, is a critical part of the deal that is often seen as a clerical formality.
When it is necessary to have documents signed from a distance and delivered the following day, time is critical and the whole deal could be in jeopardy. Specialist notaries as closing professionals are depended upon by customers needing to protect their reputations at this point in the deal.
It is therefore vital to use those notaries that will look after the reputation of the company that employs them, and that of the client being served.
Beyond the basic notarisation ability, what do you look for in a notary to satisfy the signing needs of the customers?
The role of the Preferred Notary is understood well by those who practice it, who feel comfortable with its importance. They must be able to convey to the borrower that they are a neutral party, hired by an agency. The notary has the task of ensuring that the borrowers are identified properly and that all of the documents pertaining to the loan are executed correctly.
The Preferred Notary role has evolved away from other services within the process like estate agent, lender, closer or attorney within the transaction process. Notaries bow to the wisdom of other professsionals when customers ask questions about legal implications, terms and effects of any document that is being signed. More often than not, the other professional is available to satisfy the borrower’s needs.
If you are looking for a reliable practitioner within the trade, I would recommend searching in the phone directory under personal law, or ‘solicitors Crawley‘ and choosing Bennett Griffin.
