Next you'll need to obtain a $5000.00 surety bond from any insurance agent. Make sure to request a duplicate: one copy for the state and one for your records. A surety bond protects the public from any errors that you may commit during your term as notary public brampton.
Two, the affidavit is being used as evidence in a foreclosure lawsuit. The judge uses the documents in the case, sometimes rules on the notarized document near me alone, or will listen to arguments of counsel and homeowners who have the courage to defend themselves in court, and renders a decision. If the affidavit contains false information or is signed fraudulently, that creates a big problem. It could result in a wrongful foreclosure.
Mr. Randall found me on the internet and emailed me about his dilemma. He explained that his Drug Addicted Brother, Virgil, was well aware that the property needed to be sold. In fact, Virgil was trying to sell the property in his own little messed up way but couldn't seem to get the job done. The mother was in terrible shape and the convalescent home where she resided was threatening to put her bed out on the street any day now.
The system is becoming so farcical that I have heard stories of Banks running out of cash and having to go around the local town notary publics near me and collect it from other Banks!
900. Items Required by Lender to Be Paid in Advance: You may be required to prepay certain items at the time of settlement, such as accrued interest, mortgage insurance premiums and hazard insurance premiums.
Again, as I mentioned before, the knowledge is power and get armed! If you are able and know how to close in a day or a few hours from the time seller first called you, you will get deals and cash on the profits that your competition can only dream about.