I used a mobile notary to close my first few deals on both buy and sell sides, which went fine, though the prices that were charged varied greatly.
In my last few deals, I have used both buyer and seller’s notary at their local bank to notarize their ends (either as grantor or affiant), saving notary costs (most banks offer free notary services to their clients), and have had the buyers/sellers all tell me they felt very comfortable doing the transaction at their local bank. Gives an extra sense of security.
1. Include the new deed for the seller to sign over to you, the cashiers check for the seller, and a self addressed paid envelope for the bank notary to mail you back the new deed.
2. Instruct the bank notary to have the seller sign the new deed over to you & they then notarize before handing over the cashier’s check.
3. Notary mails you back the new deed.
4. You record new deed with county. You now own the property.
1. Get new deed signed over to the new buyer & get notarized on your end.
2. Mail new signed & notarized deed to buyer’s bank notary.
3. If buyer needs to sign as affiant on the new deed (varies by state & county), notary has them sign & notarize.
4. Buyer wires the money to your account on the spot at the bank.
5. After wire goes through, bank notary hands over the new deed to the buyer for them to get recorded with the county. They now own the property.
Just a heads up if you’re looking to close smaller deals yourself and want to save on notary costs. Doesn’t require any additional effort.
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